Market Insights Oct 28, 2026
Contship Jet hit on its way to Constanța. What comes next for Romanian importers if the Black Sea becomes "uninsurable"?
Today, 28 October, the container ship Contship Jet was struck in the Black Sea off Cape Kaliakra. According to the Bulgarian maritime outlet Maritime.bg, as reported by bTV, the crew abandoned ship in life rafts, and the vessel was later reported to have sunk. The ship was carrying around 700 containers from Haifa (Israel) to Constanța, and all 18 crew members were rescued by the Border Police and naval craft. Contship Jet was chartered by Israeli carrier ZIM on its Levant – Black Sea Express service and was due in Constanța this afternoon. One key detail: Bulgaria's defence minister said the ship was hit by three naval drones, and its reported position places it inside Bulgaria's exclusive economic zone, roughly four miles outside its territorial waters.
