Seatrade Maritime is part of the Informa Markets Division of Informa PLC

This site is operated by a business or businesses owned by Informa PLC and all copyright resides with them. Informa PLC's registered office is 5 Howick Place, London SW1P 1WG. Registered in England and Wales. Number 8860726.

Ukraine Crisis

ClassNK to refrain from classing Russian-related vessels

ClassNK ClassNK logo on overalls
ClassNK is the latest classification society to clarify its position on dealing with Russian vessels in the wake of Russia’s invasion of Ukraine.

In a statement, ClassNK said that it was responding to 14 Russian-related vessels in its registry by  monitoring the situation of Japanese and international sanctions.

“Following the withdrawal of RS from IACS, ClassNK will refrain from accepting requests to class registration for Russian-related vessels,” said ClassNK.

IACS announced the withdrawal of the Russian Maritime Register of Shipping from the association in response to tightening sanctions against Russian interests. The withdrawal may affect insurance and contractual cover for RS vessels, as registration with an IACS class is a common stipulation in contracts.

ABS, DNV and Lloyd’s Register have each announced restrictions to their operations in relation to Russian vessels and companies.

Fellow classification society Bureau Veritas is yet to issue any updates on the approach it will take. According to its own website, BV classes 88 vessels under the Russian flag.

Across the west and in some Asian markets, companies have cut ties with Russian businesses and assets both to avoid tightening sanctions targeting Russia, and in response to strong public pressure.  

Hide comments
account-default-image

Comments

  • Allowed HTML tags: <em> <strong> <blockquote> <br> <p>

Plain text

  • No HTML tags allowed.
  • Web page addresses and e-mail addresses turn into links automatically.
  • Lines and paragraphs break automatically.
Publish