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SAFETY4SEA

Wärtsilä suspends its activities in Russia

by The Editorial Team
March 29, 2022
in Shipping
eu sanctions
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Wärtsilä, a Finnish technology company who manufactures and services power sources and other equipment in the marine and energy markets, suspends all deliveries and sales to Russia following the invasion of Ukraine.

The company has suspended deliveries along with new sales to Russian entities and is going to comply with all the currently imposed sanctions.

Wärtsilä has stopped its operations in Russia, including equipment training, to help bolster maritime commercial pressure on the country .

As part of this, training in the use of our ship engines/technology for Russian legal persons has been discontinued, regardless of the nationality of the persons

…a spokesperson noted.

RelatedNews

Energy crisis: New global risk causes disruption in 2023

Ukraine: Slow pace of Russian inspections responsible for low grain exports

In the meantime, the EU has announced its next package of sanctions against Russia, following the invasion of Ukraine on February. This package includes the designation of 15 individuals and 9 entities that operate in the aviation, military and dual use, shipbuilding and machine building sectors.

Also, NATO and EU allies continue to make additions to the designated entities lists so all the members can ensure that they carry out careful examination and inspections using the updated lists.

The Government of Australia announced an immediate ban on Australian exports of alumina and aluminum ores (including bauxite) to Russia, in order to ensure that Moscow pays a high price for its violation of the UN Charter.

 

Tags: RussiaSanctionsUkraineWartsila

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