merchant ships News

Insurance Costs of Shipping Through Black Sea Soar

LONDON —Insurers have raised the cost of providing cover for merchant ships through the Black Sea, adding to soaring rates to transport goods through the region for vessels still willing to sail after Russia’s invasion of Ukraine. Ship owners pay …

Busy Waters Around Singapore Carry Host of Shipping Hazards

The shipping lanes around Singapore, among the world’s busiest, carry a host of challenges to safe navigation, including a narrow strait, frequently limited visibility and thousands of vessels sailing through daily. Countless ships have made the voyage in and out …