In October of this year, there were many attacks on merchant ships in the Romanian and Bulgarian waters of the Black Sea. As a result, many ships were severely damaged and sank, and many crew members died. Due to the spread of the attack to the western part of the Black Sea, the price of war insurance on the Bulgarian and Romanian sea routes, including insurance for cargo hulls and cargo carried, has increased three to five times, and freight prices have also risen markedly. Currently, the Russian-Ukrainian conflict is still being delayed, and the risks faced by Black Sea shipping have not been reduced. However, whether the Black Sea can maintain a basic commercial shipping order is not only related to trade exchanges between coastal countries, but will also affect the stability of the global food and energy supply chain.

In October of this year, there were many attacks on merchant ships in the Romanian and Bulgarian waters of the Black Sea. As a result, many ships were severely damaged and sank, and many crew members died. Due to the spread of the attack to the western part of the Black Sea, the price of war insurance on the Bulgarian and Romanian sea routes, including insurance for cargo hulls and cargo carried, has increased three to five times, and freight prices have also risen markedly. Currently, the Russian-Ukrainian conflict is still being delayed, and the risks faced by Black Sea shipping have not been reduced. However, whether the Black Sea can maintain a basic commercial shipping order is not only related to trade exchanges between coastal countries, but will also affect the stability of the global food and energy supply chain.