Industry

Bangladesh seeks $22.4 million after missile hits ship in Ukraine

Published by
Reuters UK

By Ruma Paul and Jonathan Saul DHAKA/LONDON (Reuters) – State-owned Bangladesh Shipping Corp is seeking $22.4 million from its insurer for a cargo ship hit by a missile in March, government officials with knowledge of the talks said, in the first major marine insurance claim from the conflict in Ukraine. The UN’s shipping agency said last week it would create a safe maritime corridor for merchant ships and crews stuck in the Black Sea and Sea of Azov, although shipping industry sources expect progress to be slow. Projectiles have hit four other vessels in recent days with one sunk. Insurance p…

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