compensations

The Ukrainian government is working on developing a mechanism to compensate for losses for small and medium-sized businesses that suffered as a result of Russian attacks on port infrastructure.

The Cabinet of Ministers approved the Procedure for providing guarantees of compensation for damage to charterers, operators, owners of sea vessels and inland navigation vessels.

The Russian war in Ukraine provoked many challenges for the shipping industry. In particular, the danger to ships in the Black Sea forced the Ukrainian government to look for ways to solve the problem. Yes, already in summer, the Cabinet of Ministers introduced the Procedure, which regulates the provision of compensation to shipowners and not only that.