War Risks in Shipping Contracts: The Impact of the Russo-Ukrainian Armed Conflict

Abstract

The article reviews certain issues of maritime contractual practice in the Russian-Ukrainian war context. Maritime supply chains have been heavily impacted by the devastating effect of hostilities which have shaped regional crisis practices for eighteen months. Changes in public order concerning the introduction of martial law in Ukraine have posed a significant challenge for the national maritime industry and all foreign actors involved. Military threats have necessitated updating charter-parties’ force majeure and war risk sections. They have also changed insurance policy and formed new judicial practice.

Keywords

• private international law
• shipping
• public order
• force majeure
• insurance
• ukraine
• russia
• armed conflict
• russian invasion