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

Russia negotiates with India and China to construct vessels for the Northern Sea Route

08 september 2023

Russia is in the process of negotiations with India and China aimed at the construction of cargo vessels for the Northern Sea Route, according to the minister for the Development of the Far East and the Arctic Alexey Chekunkov.

"Somewhere, together we will be able to produce an ice-class fleet in sufficient quantities," he said.

According to the minister, for the declared growth of cargo traffic along the Northern Sea Route, there is not enough ice-class fleet not only in Russia, but also in the world as a whole, rus-shipping.ru reports.

Chekunkov recalled that in 2022, 34 million tons of cargo were delivered along the Northern Sea Route. It is planned to deliver the same amount in 2023. By the end of 2024, the cargo flow along the route should be more than doubled - up to 80 million tons, by 2031 it may reach up to 200 million tons, the minister said.

"Perhaps my greatest concern is the availability of a sufficient number of ice-class vessels. It's just that there is no such thing in the world to be able to transport 200 million tons in 7-8 years. And the production cycle of a large ice-class tanker is not months, but years," the minister said.

Alex Shishlo for Rough&Polished