Lloyd's List is part of Maritime Intelligence

This site is operated by a business or businesses owned by Maritime Insights & Intelligence Limited, registered in England and Wales with company number 13831625 and address c/o Hackwood Secretaries Limited, One Silk Street, London EC2Y 8HQ, United Kingdom. Lloyd’s List Intelligence is a trading name of Maritime Insights & Intelligence Limited. Lloyd’s is the registered trademark of the Society Incorporated by the Lloyd’s Act 1871 by the name of Lloyd’s.

This copy is for your personal, non-commercial use. For high-quality copies or electronic reprints for distribution to colleagues or customers, please call UK support at +44 (0)20 3377 3996 / APAC support at +65 6508 2430

Printed By


The Lloyd’s List Podcast: The implications of unplugging Russia from the global economy

Listen to the latest edition of the Lloyd’s List’s weekly podcast — your free weekly briefing on the stories shaping shipping

Amid the chaos, sanctions and global trade disruption, the long-term implications of Russia’s invasion of Ukraine are starting to become clearer and the conclusions for seaborne trade are inevitably complicated. To help unravel the uncertainties and offer an independent expert eye on what this all means for the global shipping industry, Lloyd’s List has once again gathered its leading analysts to offer expert insights on the forces shaping shipping


FOUR weeks in to Russia’s invasion of Ukraine we are starting to see what the long-term implications of this war looks like for trade.

Sanctions by the US and allies on Russia’s financial system have been tightening daily and while there is still a lot not covered by the restrictions, they have already set in motion a backlash against Russian crude from banks, buyers and shippers.

So while we can look at the numbers, we also have to be aware that a new factor is now shaping shipping markets: the force of public opinion is directly determining what is and isn’t tradable.

It is now abundantly clear to everyone — unplugging Russia from the world economy is going to result in lasting disruption across all sectors, so for this week’s edition of the podcast I am once again pulling in the collective expertise of Lloyd’s List’s leading analysts to offer their insight into how the markets are holding up in the face of war.

The key areas of concern are of course the two fundamental “Fs” of commodity markets: food and fuels.

It is not just the headline concerns about oil and gas we should be worried about, the Russian Federation and Ukraine are global players in agrifood markets.

Together, the countries represent 53% of global trade in sunflower oil and seeds, and 27% of global trade in wheat. Russia is also a key global supplier of chemical products — including fertilisers, as well as metals and wood products.

And on Lloyd’s List Intelligence we have been verifying all maritime links to Russian-affiliated entities to ensure that subscribers are able to screen counterparties and verify compliance.

You can find out more by following the links at the top of Lloydslist.com 

Speaking on the podcast this week:

  • •          Michele Wiese Bockmann, Lloyd’s List Markets Editor

  • •          James Baker, Lloyd’s List Containers Editor

  • •          David Osler, Lloyd’s List Law and Insurance Editor,

  • •          Nidaa Bakhsh, Lloyd’s List Senior Reporter

  • •          Bridget Diakun, Lloyd’s List Data Reporter


Related Content





Ask The Analyst

Please Note: You can also Click below Link for Ask the Analyst
Ask The Analyst

Your question has been successfully sent to the email address below and we will get back as soon as possible. my@email.address.

All fields are required.

Please make sure all fields are completed.

Please make sure you have filled out all fields

Please make sure you have filled out all fields

Please enter a valid e-mail address

Please enter a valid Phone Number

Ask your question to our analysts