Ukraine’s government is in talks with insurers to start a new program to cover ships hauling grain through some of the riskiest parts of the Black Sea.
The service could start as soon as early September, though a precise framework is still being worked out, said Marcus Baker, global head of marine, cargo and logistics at insurance broker Marsh.
Even with a deal, exports from Ukraine remain risky as Russia has said all ships headed to Ukraine’s ports will be considered potentially carrying military cargo. It’s still not clear who will shoulder any payouts and how claims would be paid. A Ukrainian government official, who declined to be identified, also said the insurance program could be prepared in several weeks.
Canada Latest News, Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Ukraine nears deal with global insurers to cover grain ships(Reuters) - Ukraine is finalising a scheme with global insurers to cover grain ships travelling to and from its Black Sea ports, the Financial Times ...
Read more »
UK Is in Talks with Tech Giants on AI Chips, Telegraph ReportsUK government officials have held discussions with tech giants Nvidia Corp., Advanced Micro Devices Inc. and Intel Corp. about procuring equipment for national artificial intelligence research, according to the Telegraph.
Read more »
Talks between regional bloc and Niger's junta yield little, official saysMutinous soldiers in Niger are under pressure from regional sanctions as they refuse to reinstate the country's president whom they toppled nearly a month ago while being fearful of attacks from France, an official said.
Read more »
Talks between regional bloc and Niger’s junta yield little, an official tells The Associated PressTalks between regional bloc and Niger’s junta yield little, an official tells The Associated Press
Read more »
Argentina’s Sergio Massa Heads to US for Talks With IMF on LoansArgentina’s economic minister and presidential candidate Sergio Massa will travel to the US on Monday for talks with the International Monetary Fund on the country’s refinancing disbursements amid the peso’s devaluation.
Read more »