Lloyd’s Register News

Russia-Linked Oil Tanker Fleet Vanishes Even Faster Than It Grew

A fleet of tankers that sprouted up out of nowhere to keep Russia’s oil moving has disbanded even faster than it emerged, underscoring the challenges involved in keeping track of who’s helping Moscow to get its petroleum to buyers around …

Reuters: Lloyd’s Register Drops Ships of Top Indian Carrier of Russian Oil

Lloyd’s Register has told India’s Gatik Ship Management, which has become a major carrier of Russian oil since the Ukraine war, that it will withdraw certification of 21 of its vessels by June 3, the maritime services company told Reuters. …

UK’s Asset Freeze of Russian Shipping Firm Sovcomflot Causes Problems for Re/Insurers

Russia’s top shipping company Sovcomflot (SCF), already struggling to find berths to discharge cargoes, is facing fresh pressure after the UK on Thursday joined countries that have slapped sanctions on it, with implications for insurance and certification. With a modern …

Russia Dropped From World’s Top Association of Ship Certifiers as Sanctions Deepen

The world’s top association of ship certifiers has withdrawn membership from the Russia Maritime Register of Shipping (RS) due to the impact of sanctions on Moscow after its invasion of Ukraine, in another blow to the country’s vital shipping sector. …

Norwegian Ship Certifier DNV Winds Down Russia Business

Norway’s DNV, one of the world’s top ship certifiers, is winding down its Russia business and reviewing all existing contracts becoming the latest company to cut such services as pressure grows on Moscow after its invasion of Ukraine. Classification societies …

Top Ship Certifier Lloyd’s Register Withdraws Services to Russia

Lloyd’s Register, one of the world’s top ship certifiers, is stopping services to Russia after sanctions were imposed on Moscow for its invasion of Ukraine, the company said on Thursday. Classification societies including LR provide services such as checking that …