Click image to zoom
Cargo Insurance Costs Soar
A cargo ship is seen near Lisbon, Portugal, on October 12, 2024. Russian missile strikes on Ukrainian ports this week kill at least 10 people and damage three cargo ships, raising fears about the safety of shipping in the Black Sea. Maritime analysts warn that if attacks continue, shipping companies may avoid the area. Insurance premiums for passing through this high-risk region surge by 30%. Russia claims the ships carry military supplies, but Ukraine and one shipper deny this, stating the vessels transport commercial goods. (Photo by Luis Boza/NurPhoto via Getty Images) (Photo by Luis Boza/NurPhoto)
Photo Details
| Photo ID | #11659832 |
|---|---|
| Date Taken | |
| Location | N/A |
| Photographer | Luis Boza/NurPhoto |
| Category | Economy, Business and Finance |
| Copyright | © 2025 NurPhoto - Luis Boza/NurPhoto |
Related Keywords
Cargo
Ships
Lisbon
Transports
Europe
Daily Life
Luis Boza
Portugal
Russia
human interest
Ukraine
Imported
Commercial
Costs
Containers
Lisbon
Portugal
cargo ship
Russian missile strikes
Ukrainian ports
Black Sea
maritime safety
shipping companies
insurance premiums
high-risk region
military supplies
commercial goods
maritime analysts
shipping safety
attacks on ports
maritime insurance
Ukraine
Russia
vessel safety
commercial shipping
maritime region
shipping routes
shipping industry
maritime conflict
shipping risk
maritime transport
port security
shipping crisis
cargo vessels
maritime trade
shipping insurance
geopolitical tensions.
2025 NurPhoto. All rights reserved.
This image is the property of NurPhoto and is protected under international copyright laws.