Taylor Maritime trust reveals Ukraine crisis impact as it removes crew members from country

Ukraine and Russia account for under 5% of port calls

The £350.3m Taylor Maritime investment trust, a shipping company, has said that Ukraine and Russia account for under 5% of its port calls and explained it had a vessel in Ukraine’s ports when war broke out, in a stock exchange announcement this morning (9 March).

The trust said that with the assistance of the Indian government, the 21 crew members have been removed from Ukraine and will be repatriated to India. "On the advice of security experts, this communication is being issued only after the crew have reached safety," the statement said.  "The vessel remains at berth in port and, like all international vessels in Ukrainian ports, she is unable to leave.  The vessel remains on charter and insured." The trust said it estimates its port calls to Ukraine and Russia make up under 2% and 3% of its total port calls respectively. It added the c...