26 Dec, 2023
New ship insurance system in Ukraine: what you need to know
It has been two weeks since a new mechanism for insuring ships against war risks came into effect in Ukraine. It will significantly reduce the current insurance premiums for carriers exporting and importing to Ukraine by sea. The Ukrainian government adopted the relevant decision, which paves the way for cooperation with British reinsurance companies, on November 14, 2023. We will tell you what will change and what it will mean for charterers, operators and owners of ships.