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Tag: vessels Ukraine

Following Shutdown of Ukrainian Ports, Marine Markets Face “Total Loss” Claims for Trapped Ships

The Ukrainian flag flies from the stern of a ship in the Black Sea port of Odessa, Ukraine, on September 16, 2016.

Ukrainian ports have been closed for vessel entry for 10 months and, while the full value of vessels trapped is unclear, it could be as much as $1 billion.

Published November 7, 2022
Categorized as Show on Homepage Tagged marine losses, trapped ships, vessels Ukraine
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