Vladimir Pilyushin: The jewelry market is not stand-alone and moves by the same laws as other markets

Vladimir Pilyushin is editor-in-chief of Russian Jeweler, a leading magazine about the jewelry industry in Russia. He told Rough&Polished about his view on the evolution of the jewelry industry in Russia and touched upon some of its problems.

16 september 2024

Sarine’s David Block: Diamond Industry at Standstill Until Chinese Demand Returns

David Block is CEO of Israel’s Sarine Technologies and has served in the position since 2012. In this exclusive interview for Rough and Polished, Block gives his opinion on the leading issues affecting today’s diamond trade.

11 september 2024

Dr M'zée Fula Ngenge: Demand for considerable-sized diamonds stronger than ever

The African Diamond Council (ADC) chairperson Dr M'zée Fula Ngenge told Rough & Polished’s Mathew Nyaungwa in an exclusive interview that although overall global diamond prices have been somewhat soft, the demand for considerable-sized diamonds...

02 september 2024

Amplats sees prospects as a standalone company

Anglo has revealed its plans to demerge Anglo American Platinum (Amplats), which has operations in South Africa and Zimbabwe, to optimise shareholder value. Rough&Polished contacted Amplats to comment on this and other issues but was referred...

19 august 2024

WFDB President Yoram Dvash Remains Confident Despite Global Diamond Challenges

Yoram Dvash is President of the World Federation of Diamond Bourses (WFDB) having been elected in 2020. He found time in his busy schedule to speak to Rough&Polished about the state of the diamond industry around the world and some of the major...

12 august 2024

Arctic today: Nornickel increases traffic along the Northern Sea Route

09 september 2022

Nornickel, one of the oldest shippers of the Northern Sea Route (NSR), plans to increase the shipping to 2.4 million tons per year along the main Arctic highway, said Ravil Nasybullov, head of Nornickel's logistics department, during the Eastern Economic Forum 2022. During the winter navigation of 2021, the company transported about 1.9 million tons of cargo via the NSR, 0.5 million tons more than in 2020.

Among the cargoes sent by Nornickel are not only metals, but also materials, supplies, equipment and machinery necessary for the company's investment projects. This includes the Sulfur Program, which aims to reduce the negative environmental impact of the company's production facilities, and a comprehensive renovation project for Norilsk.

Nornickel is one of the four key corporate players carrying out cargo transportation on the NSR, other three companies are Novatek, Rosneft and Severnaya Zvezda. In 2021, Nornickel and the state corporation Rosatom concluded an agreement on icebreaking support, which is valid until 2030.

The growth of the NSR cargo traffic is the key to further development of this important polar route. The products of companies operating in the Arctic form the NSR cargo base, ensuring its progressive growth.