Compensation will be available to owners, operators and charterers of vessels flying Ukrainian or foreign flags that are carrying non-military cargo. The scheme applies to damage caused in the waters of open Ukrainian seaports, in Ukraine’s territorial waters, and on temporary maritime routes in the Black Sea where vessel traffic is permitted. However, no compensation is provided for vessels linked to Russia, Belarus or individuals subject to sanctions.
A mandatory condition for receiving state support is the existence of a valid insurance contract or P&I policy at the time the damage occurred. Compensation may cover the loss of a vessel or significant damage to it, repair costs, emergency rescue operations, as well as lost or damaged cargo. In addition, provision is made for the reimbursement of costs associated with the removal of shipwrecks, the clean-up of environmental pollution, compensation for damage to third parties, and losses related to the death or injury of crew members and passengers.
To receive compensation, the claimant must apply to the Ministry of Community and Territorial Development of Ukraine within 180 calendar days of the incident, providing an insurance policy, documentation of the damage and proof of the extent of the losses, according to ukragroconsult.
This story was translated with the assistance of artificial intelligence.The translation was also reviewed by the Logos Press editorial team.
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