10, citing sources in the market.According to the insurance market sources, coverage has jumped to above one per cent of the value of a ship, up from around 0.75 per cent last week.The increase in rates follows Russian strikes on three foreign ships flying the flags of Palau, Saint Kitts and Nevis, and Panama within a four day stretch between Oct. 6-9.The Saint Kitts and Nevis vessel attacked on Oct. 6 was loaded with about 6,000 tons of Ukrainian corn intended for export. While on Oct. 7, five foreign nationals were injured and one port employee was killed in the attack on the Palau-flagged boat. No details were provided as to what the second vessel was carrying.A Russian missile strike on Odesa Oblast on Oct.

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