Join our crew and become one of the 104,719 members that receive our newsletter.

Ship propeller file photo

Stock Photo: Shutterstock/Nightman1965

Ship Engine Makers Cut Ties with Russia as Maritime Pressure Mounts

Reuters
Total Views: 7554
March 25, 2022
Reuters

By Jonathan Saul

LONDON, March 25 (Reuters) – Finland’s Wartsila, a leading ship engine maker, has suspended business with Russia including equipment training while German counterpart MAN Energy Solutions is reviewing contracts, adding further trade pressure on Moscow.

Russia’s maritime sector is already grappling with the winding down of other services including ship certification by leading foreign providers – vital for accessing ports and securing insurance – shipping companies pulling out and Western sanctions being imposed on its leading ocean transporter Sovcomflot after Moscow’s invasion of Ukraine. 

Wartsila, a top global marine and energy equipment maker, has suspended all deliveries and sales to Russia and Belarus due to the war in Ukraine and would take action to “follow the European Union sanctions framework as it evolves”, a company spokesperson said. 

“As part of this, training on using our engines/ship technology for Russian legal entities has been halted, regardless of the nationality of the individuals,” the spokesperson said.

“Such training can be offered to Russian nationals working for non-Russian legal entities. Training cannot however be offered to individuals, regardless of their nationality, having their residence in Russia.”

Two shipping sources said MAN Energy Solutions had also suspended training for using its equipment in Russia. 

A company spokesperson said it was “complying 100% with the imposed sanctions”.

MAN Energy Solutions said separately in a statement that all existing contracts and orders connected to Russia “have to be reviewed on a case by case base”.

Shipping industry sources say given the complexities of the world’s seaborne trade it was unclear how Russian companies would be able to operate with multiple services being withdrawn. 

(Editing by Kirsten Donovan)

(c) Copyright Thomson Reuters 2022.

Unlock Exclusive Insights Today!

Join the gCaptain Club for curated content, insider opinions, and vibrant community discussions.

Sign Up
Back to Main
polygon icon polygon icon

Why Join the gCaptain Club?

Access exclusive insights, engage in vibrant discussions, and gain perspectives from our CEO.

Sign Up
close

JOIN OUR CREW

Maritime and offshore news trusted by our 104,719 members delivered daily straight to your inbox.

gCaptain’s full coverage of the maritime shipping industry, including containerships, tankers, dry bulk, LNG, breakbulk and more.