Maduka University

Two more ships depart Ukraine without Russian approval


Two more vessels have managed to navigate their way out of Ukraine unharmed using Kyiv’s newly-declared shipping corridor, defying Russian threats to maritime commerce in the northwestern Black Sea.

The bulker Anna-Theresa departed the port of Yuzhny on Friday carrying a load of 56,000 tonnes of pig iron, according to Ukrainian minister of infrastructure Oleksandr Kubrakov. Meanwhile, the bulker Ocean Courtesy departed the same port with 170,000 tonnes of iron ore concentrate.

Ocean Courtesy made straight for Constanta, Romania, where she remained anchored on Monday. Anna-Theresa (ex name Filia Glory) arrived in Istanbul Saturday and is anchored in the Sea of Marmara.

These transits bring the number of ships to successfully use Ukraine’s government-sponsored safe shipping regime to four. In an earlier era, these voyages would be unremarkable, but this year the vessels are running a de facto Russian blockade with risks like drifting sea mines and unwanted high-seas boardings. Ukraine’s government has provided the reinsurance to ensure cover for them, as Western reinsurers have limited appetite for this level of risk.


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