The Black Sea has become the deadliest shipping lane in the world. F.T. Since the beginning of the year, more than 570 ships have been damaged, killing at least 40 merchant seamen - more than in the Strait of Hormuz, where 24 were confirmed dead. About 90% of the attacks on shipping during the last 45 days took place in the Russian Federation. The strikes affected ships off the coasts of Romania and Bulgaria. War risk insurance can be as much as 15% of a ship's value, which is why owners send older ships into dangerous waters. In August, seaborne exports of Ukrainian agricultural produce fell to 1.4 million tons - 75% below the pre-war level. If the disruptions continue, farmers may not have enough money to plant in the spring. INSIDER UA | Submit content.