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Date: 25/10/2024

Attacks on merchant ships in Ukrainian ports, waters could threaten dry bulk exports

Since September 2024, five merchant ships have been hit by Russian missiles while in Ukrainian ports or waters. These were the first attacks on merchant ships since November 2023 and they could threaten 1% of the world’s dry bulk exports if safety is not improved. The price of war risk insurance has already increased but the impact on exported volumes has so far been limited, as per a BIMCO release.
 
Source: Exim News Service: London, Oct. 24



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