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Ukraine to compensate damaged cargo ships, as Russia rejects Black Sea proposal

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The Kyiv Independent
“Ukraine to compensate damaged cargo ships, as Russia rejects Black Sea proposal”

Under a mechanism developed by Ukraine’s Infrastructure Ministry, Kyiv will compensate shipowners, operators, and charterers whose vessels fly under the Ukrainian or a foreign flag for up to 80% of the assessed damage if insurers don’t cover the risks.

Read at The Kyiv Independent
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