Russia has attacked three civilian ships carrying grain in Ukraine’s southwest maritime corridor. This marks Russia’s first major attack on commercial shipping, and a significant escalation of this war.
Ukraine doesn’t have too many options for getting its grain out, so they rely heavily on sea transport. Since the collapse of a political deal with Russia that allowed grain shipments to get through, the Ukrainians have created a corridor through Romanian and Bulgarian waters; however, the Russians most recent strike might put an end to that.
We will likely see disruptions to global food supplies and further complications with maritime insurance…which makes sense, as the potential loss of three ships is no small setback. This situation is evolving rapidly and I will continue to update as news comes out.
