Trading in the company's stock was suspended on the Warsaw Stock Exchange on Oct. 20 after the price dropped 19.14% in a single day.

The captain was charged with violating the procedure for entering and exiting Ukraine's temporarily occupied territory with intent to harm the interests of the state, and violating the laws and customs of war.

Under a mechanism developed by Ukraine’s Infrastructure Ministry, Kyiv will compensate shipowners, operators, and charterers whose vessels fly under the Ukrainian or a foreign flag for up to 80% of the assessed damage if insurers don’t cover the risks.

Agriculture Minister Taras Vysotskyi raised the issue during a meeting with Turkish Ambassador to Ukraine Fatma Ceren Yazgan earlier this week.