UK-based ship classification society Lloyd’s Register has decided to disengage from providing services to Russia amid sanctions imposed on the country for its invasion of Ukraine.
The move will impact Russian owned, controlled or managed assets as well as firms.
Lloyd’s Register said that it will withdraw all services to Russia to abide by the current laws of the UK, European Union and US.
Claimed to be the world’s first marine classification society, Lloyd’s Register has expertise in offering engineering and technology for the maritime industry.
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