War-risk premiums for Ukrainian and Russian Black Sea ports are rising
UkrAgroConsult
The EWRI (insurance tariff related to war risk) for Ukrainian deep-sea ports increased slightly over the last 5–6 weeks. While it remains well below the 1.0–1.2% peaks observed in 2023, it is considered an indication mirroring the war risks. Black Sea tensions are now a recognized factor, however the EWRI for Romania, Bulgaria and Turkey is much lower. War-risk premiums for Russian Black Sea ports also risen considerably.
For more information on how this could impact price competitiveness, particularly for long-distance routes, please refer to the UkrAgroConsult weekly report ‘Black Sea Grain’, issue #48, dated 8 December 2025.
Read also
White House launches OnlyFarms platform showing economic results of Trump’s polici...
Ukraine 2026–2030: Global Drivers and Local Transformation
US corn planting seen down, soybean acres up as Iran war drives up costs
Following crude oil: Agriculture may be the next victim of the global shock
Tunisia’s olive oil exports rise in volume but revenues fall on lower prices
Got additional questions?
We will be happy to assist!
Write to us
Our manager will contact you soon