Insurance premiums could rise for ships servicing Ukrainian ports in the Sea of Azov

Insurance premiums could rise for ships servicing Ukrainian ports in the Sea of Azov, Infrastructure Minister Volodomyr Omelyan says. “We see clearly that there is a rise in prices for supplies, and this worries us, because it’s not only Ukraine that pays, but also European taxpayers,” he told reporters after a ministry meeting on the issue on Wednesday. Separately, Alexander Basyuk, the ministry’s director for sea transport reform, told the European Business Association, he does believe that martial law will reduce the number of ships docking at Ukraine’s ports.