The great reset: Paul Zimnisky on supply catharsis, De Beers' bargain and the case for natural diamonds

The natural diamond industry is in the throes of its most profound reset in a generation. Supply is plunging to its lowest level since 1987 and De Beers—once valued at over $9 billion—is reportedly being sold for as little as $1 billion.
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Roman Karakurkchi: Maintaining the highest standards of jewelry craftsmanship

Roman Karakurkchi is the founder of the Roman Karakurkchi jewelry brand and the International Jewellery School that brings together instructors from Russia, the USA, the Netherlands, Spain, Belgium, Italy, and Germany, as well as students from 65 countries...

03 august 2026

Mehul Shah pledges to bring new approach to leading WFDB

Mehul N. Shah, who was elected in July as President of the World Federation of Diamond Bourses at the 41st World Diamond Congress in Singapore, is one of India's best-known diamantaires and a prominent leader in the international diamond industry...

27 july 2026

Charlotte Rose on making history, modernising the London Diamond Bourse, and why finance is the industry’s silent crisis

When Charlotte Rose was elected president of the London Diamond Bourse in June 2026, she didn't just break an 86-year tradition—she became the first woman to lead any diamond bourse globally. In an exclusive interview with Rough & Polished’s Mathew...

20 july 2026

Yoram Dvash: Industry unity, producer leadership and marketing investment key to natural diamond's future

The natural diamond industry is navigating a period of significant transition, but there are increasing signs that the foundations for a stronger and more positive future are being built, according to the World Federation of Diamond Bourses (WFDB)...

29 june 2026

Cargo traffic on NSR to exceed forecast and to reach 33.8 million tonnes this year

26 october 2022
In 2022, Russian companies to increase cargo transportation by Northern Sea Route by 0.8 million tonnes, year-on-year

(portnews.ru) - Cargo shippers will achieve the target of cargo transportation by the Northern Sea Route set for 2022. The planned result of 31–32 million tonnes is expected to be exceeded and to reach 33.8 million tonnes, Deputy Prime Minister of the Russian Federation Alexander Novak said when opening a meeting dedicated to the NSR development. The meeting gathered representatives of ad-hoc authorities, Rosatom, cargo carriers, according to the statement published on the official website of RF Government.
The meeting participants discussed the loading of the route in 2022 and the plans up to 2035. Rosatom reported on the situation in the Northern Sea Route waters with a focus on ice conditions and on risks for shipping adjusted in view of the revised forecast for cargo traffic in 2022 and from 2024 to 2035.
Cargo shippers shared their plans on development of projects involving the Northern Sea Route infrastructure. In 2022, Russian companies expect to increase cargo transportation by Northern Sea Route by 0.8 million tonnes, year-on-year.
According to the targets set by the plan for the development of the Northern Sea Route (NSR) until 2035 and approved in August 2022, annual cargo traffic on the Northern Sea Route is to make 80 million in 2024, 150 million tonnes in 2030 and 220 million tonnes in 2035.
The Northern Sea Route is a single transport system in the Russian Arctic sector. It stretches along the northern coasts of Russia across the seas of the Arctic Ocean (Kara, Laptev, East Siberian, Chukchi seas). The route links the European ports of Russia with the mouths of navigable rivers in Siberia and the Far East. In August 2022, a plan for the development of the Northern Sea Route (NSR) until 2035 was approved. The plan includes over 150 activities with total financing nearing RUB 1.8 trillion.