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(https://gcaptain.com/join-the-club/?mt_source=HambugerNavigation) Sign Up (https://gcaptain.com/?memberful_endpoint=auth) Sign In Don’t Miss Your Daily Briefing for the Maritime Industry Join the leading maritime news network — trusted by our 107,377 members (user) () (Enter your email) () (Subscribe) (https://www.facebook.com/gCaptain-27223368885/) (facebook) (https://www.instagram.com/gcaptain) (instagram) (https://twitter.com/gCaptain) (twitter) (Ukraine coast guardsman manning a deck gun with an oil tanker in the background) A serviceman of Ukraine's coast guard mans a gun on a patrol boat as a cargo ship passes by in the Black Sea, amid Russia’s attack on Ukraine, February 7, 2024. REUTERS/Thomas Peter//File Photo London’s Marine Insurers Widen Black Sea High Risk Zone as Shipping Attacks Surge (https://gcaptain.com/author/reuters/) Reuters Total Views: 146 September 18, 2026 (reuters logo) LONDON, Sept 18 (Reuters) – London’s marine insurance market has widened the area in the Black Sea it deems as ?high risk as the Ukraine-Russia conflict escalates, according to an advisory issued this week. The Black Sea is a vital route for ?shipments of grain, crude oil and refined products. Its waters are shared by Russia and Ukraine as well as Bulgaria, Georgia, Romania and Turkey. Russia and Ukraine have stepped up (https://gcaptain.com/tag/ukraine-war/) attacks on each other’s commercial shipping in the past two months, in an escalation of their war, now in its fifth year. The Joint War Committee (JWC) comprises syndicate members from the ?Lloyd’s Market Association and representatives from the London insurance company market and its guidance influences underwriters’ considerations over insurance premiums. “This week, the JWC has expanded the Black Sea reporting requirements to the whole of the Black Sea area. The coastal waters of Russia and Ukraine were already listed,” Neil Roberts, head of marine and aviation at the LMA and secretary of the Joint War Committee, said on Thursday in a note accompanying the advisory. “However, voyages within the territorial waters of adjacent countries still do not require notification.” War risk premiums, which are adding hundreds of thousands of dollars in additional costs for every seven-day voyage, have surged in recent weeks as dozens of ships have been attacked in the Black Sea. (Reporting by Jonathan SaulEditing by Ros Russell) (c) Copyright Thomson Reuters 2026 Tags: (https://gcaptain.com/tag/black-sea/) black sea (https://gcaptain.com/tag/marine-insurance/) marine insurance (https://gcaptain.com/tag/ukraine-war/) Ukraine War (logo) Subscribe for Daily Maritime Insights Sign up for gCaptain’s newsletter and never miss an update — trusted by our 107,377 members (user) () (Enter your email) () (Subscribe) (https://gcaptain.com/trump-returns-to-un-as-iran-war-spreads-across-shipping-chokepoints/) Prev (https://gcaptain.com) Back to Main (https://gcaptain.com/another-tanker-suffers-failure-as-crew-suspect-cyber-attack/) Next (gCaptain-logo) Stay Informed. Stay Connected. Get The Daily Insights That Power Maritime Professionals Worldwide Essential maritime and offshore news, insights, and updates delivered daily straight to your inbox — trusted by our 107,377 members (user) () (Enter your email) () (Subscribe) Have a news tip? 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