Ukraine Starts Grain Insurance Program Days After Missile Attack
A steady stream of ships has been transporting grain and metals since September.
Photographer: Andrew Kravchenko/BloombergThis article is for subscribers only.
Ukraine is starting an insurance program with broker Marsh McLennan and Lloyd’s of London to provide cover for grain vessels sailing from Ukraine’s deep-sea ports, just days after a ship was hit by a Russian missile.
The country is launching a $50 million program for insuring ships against military risks, first deputy prime minister and economy minister Yulia Svyrydenko said.