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

US icebreaker program lags behind

20 december 2023

A US congresswoman has urged the Congress to fund the icebreaker building program for the country's Coast Guard fleet to meet the increased Russian and Chinese activity in the Arctic.

“I spoke with the Coast Guard at a subcommittee meeting last week to emphasize the need for Congress to fund icebreakers in Alaska,” said Mary Peltola, US Congresswoman for Alaska, as cited by High North News.

US fleet of icebreakers consists of two aging ships - USCG Healy and USCG Polar Star. Both have repeatedly suffered mechanical failures, leaving them unavailable for extended periods of time.

The country's icebreaker program is far behind the original timeline, the media reports, and the first vessel will not be ready until the middle of 2028. The second icebreaker will likely not enter service before the next decade.

Russia currently runs at least three dozen national icebreakers, some of them nuclear, while China has increased its icebreaker fleet to four while not having any territory in the Arctic.

“The Arctic is going to be critical to the international power balance. China and Russia are preparing for it - why aren’t we?”, Peltola asks.

Theodor Lisovoy, Editor in Chief of the European bureau, Rough&Polished