THERE are 1,505 Russian-affiliated vessels that face some restrictions as the global maritime industry faces difficulties of not doing business with the world's largest notion, reports Singapore's Splash 247.
As a result, Israeli maritime predictive intelligence firm Windward has announced a Russia sanctions solution on its platform.
Windward's new Russia sanctions focus has identified 1,505 Russian-affiliated vessels, equating to 2.7 per cent of the world's merchant fleet.
'As the fog of the conflict and increased sanctions make conducting trade even more complex, we will continuously update our platform so our customers can continue to conduct business with confidence,' said Windward CEO Ami Daniel.
The sanctions came in response to the russian invasion of Ukraine.
Among the most prominent organisations affected are Sverbank and VTB, two of the largest Russian financial institutions, state-owned Sovcomflot, Russia's largest maritime and freight shipping company, and the Russian Maritime Register of Shipping.
Meanwhile, both the US and the UK have new bans on imports of Russian oil, gas, and energy.
The sanctions affect the vessels, companies, and individuals listed and every other entity that is connected through ownership links.
SeaNews Turkey
As a result, Israeli maritime predictive intelligence firm Windward has announced a Russia sanctions solution on its platform.
Windward's new Russia sanctions focus has identified 1,505 Russian-affiliated vessels, equating to 2.7 per cent of the world's merchant fleet.
'As the fog of the conflict and increased sanctions make conducting trade even more complex, we will continuously update our platform so our customers can continue to conduct business with confidence,' said Windward CEO Ami Daniel.
The sanctions came in response to the russian invasion of Ukraine.
Among the most prominent organisations affected are Sverbank and VTB, two of the largest Russian financial institutions, state-owned Sovcomflot, Russia's largest maritime and freight shipping company, and the Russian Maritime Register of Shipping.
Meanwhile, both the US and the UK have new bans on imports of Russian oil, gas, and energy.
The sanctions affect the vessels, companies, and individuals listed and every other entity that is connected through ownership links.
SeaNews Turkey
