HomeEconomyLloyd's does not include...

Lloyd’s does not include the ship of the main Russian oil carrier in India on the register

Photo: Getty Images

The largest Indian carrier of Russian oil from June will lose certificates for 21 tankers.

One of the largest international shipping classification societies, Lloyd’s Register, informed the Indian company Gatik Ship Management, which became the main carrier of Russian oil after the war in Ukraine, that 21 of its ships retracted on June 3. Reuters reported it on May 26.

function news4560108() {
$.get(‘//’ + window.location.host + ‘/ajax/module.aspx?spm_id=444&id=4560108&lang=2&IsAjax=true’, function (data) { $(‘#nk4560108’).html(data); });
}

news4560108();

It was learned that Gatik was also forced to find new service companies for its 36 ships after the International Register of Shipping of St. Kitts and Nevis are their flags.

“Lloyd’s Register is committed to facilitating compliance with the Russian oil trade sanctions rules. If supported by evidence, we will remove classes and services from any vessels deemed by the relevant authorities which violates international sanctions,” the company said.

In addition, insurers American Club and Ingosstrakh also said they would no longer provide coverage for the Gatik ships.

“Neither the insurance companies, nor the Lloyd’s Register, nor the registers have explained why they stopped cooperating with the carrier,” Reuters stressed.

At the same time, at least 28 Gatik ships are listed as certified by the Indian Register of Shipping (IRClass), which is recognized worldwide.

The agency added that Gatik has become the leading carrier of Russian oil in India this year, with a tanker fleet of more than 40 vessels. However, it is not possible to know if any of them are working today without the necessary documents.

The article also noted that a lack of transparency and limited oversight in the shipping sector allowed many ships carrying cargo from sanctioned countries to find new flags, registries and insurers.

The Indian company is included in the list of sponsors of the war in Ukraine
news Correspondent.net on Telegram. Subscribe to our channel Athletistic

Source: korrespondent

- A word from our sponsors -

Most Popular

LEAVE A REPLY

Please enter your comment!
Please enter your name here

More from Author

- A word from our sponsors -

Read Now

SEVENTEEN’s “FML” Achieves Historic Achievement in Top 50 Billboard 200

“FML” is SEVENTEEN's latest release. Know more!Making history! This Wednesday, the 31st, Billboard confirmed that the most recent album by SEVENTEEN“FML”, remained on the Billboard 200 chart for the fourth consecutive week at number 44, marking the first time that a record by the group...

What are Jasper’s powers and how do they work?

Learn about the powers of Jasper Hale, one of Edward's vampire brothers from the Twilight SagaThere are thousands of characters in the Twilight saga, each of which has its own personality and special abilities, which can often end up being left out of the narrative due to...