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Flag & Classification societies withdraw services from Russian

We recently saw IACS Council Withdrawing Russian Register’s Membership of IACS; the last couple of days we have seen also a number of Classification societies (LR, ABS) withdraw their services from vessels that are controlled, owned or managed by Russian entities, which could lead to a vast number of vessels hastily looking for new certification and in some cases insurance arrangements. As expected some Flag societies (such as Cyprus) seem to follow the same route.

Please refer to the following articles for more details:

Shipping’s Russian exodus continues as ABS and Cyprus withdraw services :: Lloyd’s List (informa.com)

ABS, too, withdraws class services to Russia – Marine Log

Class societies start pulling out of Russia :: Lloyd’s List (informa.com)

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