{"id":3300,"date":"2022-03-26T10:17:14","date_gmt":"2022-03-26T07:17:14","guid":{"rendered":"https:\/\/www.turkishexporter.com.tr\/inturkey\/?p=3300"},"modified":"2022-03-26T10:17:28","modified_gmt":"2022-03-26T07:17:28","slug":"ship-engine-makers-cut-ties-with-russia","status":"publish","type":"post","link":"https:\/\/www.turkishexporter.com.tr\/inturkey\/ship-engine-makers-cut-ties-with-russia\/","title":{"rendered":"Ship engine makers cut ties with Russia as maritime trade pressure grows"},"content":{"rendered":"\n<p>LONDON &#8211; <a href=\"https:\/\/forie.com\/en\/imports-exports\/imports\/finland\/\" target=\"_blank\" rel=\"noreferrer noopener\">Finland<\/a>&#8216;s Wartsila, a leading ship engine maker, has suspended business with <a href=\"https:\/\/forie.com\/en\/imports-exports\/imports\/russia\/\" target=\"_blank\" rel=\"noreferrer noopener\">Russia<\/a> including equipment training, adding further trade pressure on Moscow.<\/p>\n\n\n\n<p>Russia&#8217;s <a href=\"https:\/\/forie.com\/en\/companies\/marine-vehicles-and-equipment\/\" target=\"_blank\" rel=\"noreferrer noopener\">maritime<\/a> sector is already grappling with the winding down of other services including ship certification by leading foreign providers &#8211; vital for accessing ports and securing insurance &#8211; shipping companies pulling out and Western sanctions being imposed on its leading ocean transporter Sovcomflot after Moscow&#8217;s invasion of Ukraine. <\/p>\n\n\n\n<p>Wartsila, a top global marine and <a href=\"https:\/\/forie.com\/en\/companies\/energy-sector\/\" target=\"_blank\" rel=\"noreferrer noopener\">energy<\/a> equipment maker, has suspended all deliveries and sales to Russia and Belarus due to the war in Ukraine and would take action to &#8220;follow the European Union sanctions framework as it evolves&#8221;, a company spokesperson said.<\/p>\n\n\n\n<p>&#8220;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,&#8221; the spokesperson said.<\/p>\n\n\n\n<p>&#8220;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.&#8221;<\/p>\n\n\n\n<p>Two shipping sources said MAN Energy Solutions had also suspended training for using its <a href=\"https:\/\/forie.com\/en\/imports-exports\/imports\/?q=equipment\" target=\"_blank\" rel=\"noreferrer noopener\">equipment<\/a> in Russia.<\/p>\n\n\n\n<p>A company spokesperson said it was &#8220;complying 100% with the imposed sanctions&#8221;.<\/p>\n\n\n\n<p>MAN Energy Solutions said separately in a statement that all existing contracts and orders connected to Russia &#8220;have to be reviewed on a case by case base&#8221;.<\/p>\n\n\n\n<p>Shipping industry sources say given the complexities of the world&#8217;s seaborne trade it was unclear how Russian companies would be able to operate with multiple services being withdrawn.<\/p>\n\n\n\n<p>By\u00a0Jonathan Saul, Reuters, Editing by Kirsten Donovan, March 25, 2022<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Finland&#8217;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.<\/p>\n","protected":false},"author":2,"featured_media":3301,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[101,5,108,8],"tags":[334,246,335],"class_list":["post-3300","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","category-politics","category-russia","category-world","tag-maritime","tag-russia","tag-ship-engine"],"_links":{"self":[{"href":"https:\/\/www.turkishexporter.com.tr\/inturkey\/wp-json\/wp\/v2\/posts\/3300","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.turkishexporter.com.tr\/inturkey\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.turkishexporter.com.tr\/inturkey\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.turkishexporter.com.tr\/inturkey\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.turkishexporter.com.tr\/inturkey\/wp-json\/wp\/v2\/comments?post=3300"}],"version-history":[{"count":2,"href":"https:\/\/www.turkishexporter.com.tr\/inturkey\/wp-json\/wp\/v2\/posts\/3300\/revisions"}],"predecessor-version":[{"id":3303,"href":"https:\/\/www.turkishexporter.com.tr\/inturkey\/wp-json\/wp\/v2\/posts\/3300\/revisions\/3303"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.turkishexporter.com.tr\/inturkey\/wp-json\/wp\/v2\/media\/3301"}],"wp:attachment":[{"href":"https:\/\/www.turkishexporter.com.tr\/inturkey\/wp-json\/wp\/v2\/media?parent=3300"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.turkishexporter.com.tr\/inturkey\/wp-json\/wp\/v2\/categories?post=3300"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.turkishexporter.com.tr\/inturkey\/wp-json\/wp\/v2\/tags?post=3300"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}