Lloyd’s Register withdraws services to Russia
Lloyd’s Register (LR), the technical and business services organisation and maritime classification society, has cut ties with all Russian assets and companies.
In a statement, the UK-based company says: ‘Lloyd’s Register has been closely monitoring the very concerning situation in Ukraine over the past two weeks. Based on the latest legislative requirements taking effect in the United Kingdom, the European Union and United States, LR has confirmed that it will disengage from the provision of all services to Russian owned, controlled or managed assets or companies.’
Lloyd’s Register says it will be communicating directly with all affected parties.
Last week, the International Association of Classfication Societies (IACS) withdrew the Russian Register’s membership. In a statement the IACS said: ‘Following the recent, tragic developments in Ukraine and resulting actions taken by governments and other entities worldwide including, in particular, sanctions in the UK where IACS is domiciled, IACS Council has been continuously reviewing the developing sanctions landscape to ensure it complies fully with all legal requirements. As part of that ongoing evaluation, and following the receipt of external legal advice, IACS Council today agreed that the Russian Maritime Register of Shipping’s (RMRS) ongoing membership of IACS is no longer tenable. IACS Council has therefore adopted a resolution that the Russian Maritime Register of Shipping’s membership of IACS is withdrawn with immediate effect.’
Other organisations cutting ties with Russia include classification society DNV and the International Marine Contractors Association, which has suspended Russian members.
DNV said in a statement: ‘As a result of the invasion of Ukraine, DNV will follow international sanctions and the intentions behind them. We are reviewing all ongoing contracts and operations with Russian entities and are winding down all related business.’
Damen has also halted delivery of new builds to Russia, telling Dutch media that the decision will have a ‘significant impact’ on the company’s earnings.
Read the latest marine industry developments following the Russia-Ukraine crisis.
