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Thursday, March 28, 2024

Floating Mines In Black Sea Threaten Grain And Oil Trade, Officials Warn

Courtesy of ZeroHedge View original post here.

The risk of hitting floating mines in the major Black Sea shipping route is adding to perils for the few merchant ships still sailing in the region, and governments must ensure safe passage to keep supply chains running, maritime officials said according to Reuters.

The Black Sea – whose waters are shared by Bulgaria, Romania, Georgia and Turkey, as well as the warring Ukraine and Russia – is key for shipping grain, oil and oil products. Ukraine and Russia have accused each other of laying mines in the Black Sea, and in recent days, Turkish and Romanian military diving teams have defused stray mines around their waters.

The International Transport Workers’ Federation (ITF) union and the Joint Negotiating Group of maritime employers said they were trying to find ways to ensure that seafarers and their vessels don't become "collateral damage in the continuing conflict in Ukraine".

"We strongly urge governments to do all in their power to mitigate the threat and secure the safe passage for vessels trading near these conflict areas," said David Heindel, chair of the ITF Seafarers’ Section.

"It is essential that the world’s seafarers can continue to perform their duties safely and keep global supply chains moving."

Two seafarers have been killed and five merchant vessels hit by projectiles – which sank one of them – off Ukraine's coast since the start of the conflict, shipping officials say.

"The information available points to a clear threat to shipping and seafarers from floating and drifting mines in areas of the Black Sea," said a spokesperson with UN shipping agency the International Maritime Organization.

NATO's Shipping Centre said in an updated advisory on April 4 that there were ongoing searches by national authorities for "mine-like objects" and that "the threat of additional drifting mines cannot be ruled out."

Last month, the insurance industry's Joint War Committee widened the high-risk area of waters around the Black Sea and Sea of Azov to include areas close to Romania and Georgia, which has contributed to underwriters raising premiums. read more

"If it transpires that there are significant numbers of live mines that exceed littoral state abilities to contain them, then JWC will move to reassess the listed areas," the Committee said in a separate note on March 31.

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