Tag: Ukraine

ICS warned that current supply chain disruption will be negatively affected by a shortfall in the global shipping workforce due to the Russian invasion of Ukraine.

As a result of the invasion of Ukraine, DNV will not enter into new business with Russian companies nor into new business activities in Russia.

IBIA joins others in condemning Russia’s invasion of Ukraine and decided to suspend all services to Russian members of the Association until further notice.

U.S. President Joe Biden imposed an immediate ban on Russian oil and other energy imports in retaliation for the invasion of Ukraine, amid strong support from American voters and lawmakers, even though the move will increase U.S. energy prices.

The US is threatening to add companies to a trade blacklist if they breach new export bans against Russia, as it increases efforts to keep a vast array of technology out of the country after it invaded Ukraine last month.

Thousands of Ukrainian and Russian seafarers are stuck in ports around the world as the war in Ukraine rages on and shipowners are having difficulties finding replacement crews to keep strained supply chains rolling.

As many operators around the world employ Ukrainian and Russian seafarers, Gard published some Frequently Asked Questions related to employment terms and also the impact of the war on P&I cover for crew claims.  

In view of the ongoing actions of war in Ukraine, Hamburger Hafen und Logistik AG (HHLA) commented on the current and potential impact on its affected business activities.

As the conflict in Ukraine continues, many operators are having difficulties repatriating Ukrainian crew. As Gard says, some crew members may want to extend their contracts given the turbulence and uncertainty of the situation and others will want to terminate their contracts earlier than intended in order to go home to Ukraine.

IMO will hold an Extraordinary Session of its Council to address the impacts on shipping and seafarers of the situation in the Black Sea and the Sea of Azov.