Maritime Corridor: Ukraine Compensates Shipowners for Losses Due to Russian Shelling.
The Ministry of Communities and Territories Development of Ukraine has published a draft government resolution on compensation for losses to shipowners due to Russian attacks.
According to the draft, compensation for losses will be received by operators and owners of sea vessels and inland waterway vessels that have been affected by Russia's armed aggression. Measures are also planned to ensure the safety of navigation in Ukraine's territorial sea and to create a temporary maritime route for export-import logistics from Greater Odesa.
Ukrainian seaports operate in difficult conditions due to Russia's aggression. Navigation is carried out through the Temporary Maritime Route, which is the main route for the export of agricultural products from Ukraine to other countries. Over 80.5 million tons of various types of cargo have been transported via this route in 2023-2024. However, ensuring safety and compensating for losses is important for the further development of maritime logistics.
According to the draft resolution, starting in 2025, operators will receive compensation guarantees if their vessels are affected in Ukraine's territorial sea or on the Temporary Maritime Route. These guarantees will be provided on the condition that the vessels are transporting civil cargo to or from Ukrainian seaports. Funding for compensations is planned from the state budget's reserve fund.
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