THE IMPACT OF THE CONFLICT IN UKRAINE ON TRADE AND MARITIME TRANSPORT. THE NEGATIVE EFFECT ON THE LABOR MARKET FOR MARITIME PERSONNEL
THE IMPACT OF THE CONFLICT IN UKRAINE ON TRADE AND MARITIME TRANSPORT. THE NEGATIVE EFFECT ON THE LABOR MARKET FOR MARITIME PERSONNEL

Author(s): Ognyan Kostadinov, Todor Koritarov
Subject(s): Economy, Transport / Logistics
Published by: Национално издателство за образование и наука „Аз-буки“
Keywords: maritime transport; maritime personnel; global trade; supply; demand
Summary/Abstract: The conflict in Ukraine has continued for more than two and a half years and brings global negative consequences in several aspects. Apart from the typical adverse effects on international relations, this conflict also has a negative impact on trade, maritime transport, and the global labor market for maritime personnel. The affected Ukrainian state is a regional maritime power and a global wheat supplier. The other conflict participant is Russia, a global exporter of raw materials and a country with a developed maritime commercial fleet. The direct negative effects include grain supply disruption and reduced maritime transport availability. Traditional maritime personnel from both countries face restrictions in their professions for various reasons, impacting the global maritime fleet and the European Union’s personnel supply. It will take many years to overcome the negative consequences of the conflict, and during this time, we must focus on seeking alternative solutions to the problems.

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