Impacts of Russia's war of aggression against Ukraine on the shipping and shipbuilding markets

Russia's war of aggression against Ukraine has had profound effects on the maritime sector. It directly disrupted maritime activities in the Black and Azov seas, causing the suspension of Ukrainian port operations and agricultural exports. Although an export corridor temporarily resumed activit...

Full description

Bibliographic Details
Corporate Author: Organisation for Economic Co-operation and Development
Format: eBook
Language:English
Published: Paris OECD Publishing 2023
Series:OECD Policy Responses on the Impacts of the War in Ukraine
Subjects:
Online Access:
Collection: OECD Books and Papers - Collection details see MPG.ReNa
LEADER 02127nma a2200361 u 4500
001 EB002202756
003 EBX01000000000000001339959
005 00000000000000.0
007 cr|||||||||||||||||||||
008 240412 ||| eng
245 0 0 |a Impacts of Russia's war of aggression against Ukraine on the shipping and shipbuilding markets  |h Elektronische Ressource  |c Organisation for Economic Co-operation and Development 
260 |a Paris  |b OECD Publishing  |c 2023 
300 |a 13 p.  |c 21 x 28cm 
653 |a Belarus 
653 |a Economics 
653 |a Industry and Services 
653 |a Energy 
653 |a Environment 
653 |a Russian Federation 
653 |a Ukraine 
653 |a Trade 
653 |a Transport 
710 2 |a Organisation for Economic Co-operation and Development 
041 0 7 |a eng  |2 ISO 639-2 
989 |b OECD  |a OECD Books and Papers 
490 0 |a OECD Policy Responses on the Impacts of the War in Ukraine 
024 8 |a /10.1787/4f925e43-en 
856 4 0 |a oecd-ilibrary.org  |u https://doi.org/10.1787/4f925e43-en  |x Verlag  |3 Volltext 
082 0 |a 363 
082 0 |a 333 
082 0 |a 380 
082 0 |a 330 
520 |a Russia's war of aggression against Ukraine has had profound effects on the maritime sector. It directly disrupted maritime activities in the Black and Azov seas, causing the suspension of Ukrainian port operations and agricultural exports. Although an export corridor temporarily resumed activities, the termination of the agreement in July 2023 continues to affect Ukrainian shipping. International sanctions against Russia and Belarus have notably targeted shipowners and shipbuilders, restricting Russian ships' access to OECD ports. These sanctions have also halted orders for Russian ship owners in OECD countries, reducing new orders and vessel completions in Russian shipyards. While global seaborne trade and ship demand remain relatively unaffected, the war has prompted longer-term impacts such as altered trading routes, changes in energy demand and costs, potential implications for maritime decarbonisation, and an increase in "dark fleet" vessels