IJFANS International Journal of Food and Nutritional Sciences

ISSN PRINT 2319 1775 Online 2320-7876

IMPACT OF UKRAINE-RUSSIA WAR ON MARINE CARGO AND MARINE INSURANCE

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Nukalapati Naresh Kumar,Dr. Sailaja Petikam

Abstract

Marine insurance has developed in tandem with maritime trade and it is in-line with the Gross Development Product worldwide. There are several factors that altered their trends and among them war is one of the important contributor that changed their course of growth. There is a lot of disruption to the supply chain, crew crises and port congestion and to the global shipping activity due to the War and adding to the Covid-19 Pandemic Crisis

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