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

Year-round navigation in eastern part of Northern Sea Route to begin in 2024

31 may 2024

Year-round navigation in the eastern sector of the Northern Sea Route (NSR) will begin before the end of 2024, said Gadzhimagomed Huseynov, First Deputy Minister of the Russian Federation for the Development of the Far East and the Arctic.

The eastern sector of the NSR includes the Laptev Sea, the East Siberian and Chukchi Seas.

"The key challenge to achieve the planned volume of cargo traffic through the NSR is to ensure the timely construction of all planned vessels of the cargo and icebreaker fleet under the imposed sanctions restrictions. Today, ten icebreakers are operating in the waters of the NSR, seven of which are nuclear-powered. It is planned to start year-round navigation by high-ice class vessels in the eastern sector of the Northern Sea Route this year," Huseynov said at the Maritime Congress in Vladivostok.

According to him, 9 more icebreakers are to be built by 2030, including the flagship of the Arctic fleet, the nuclear icebreaker Rossiya. The total demand for cargo ships for the implementation of key investment projects in the Arctic is more than 120 units of marine transport, the construction of which is provided for in the long-term plan for the construction of civil vessels until 2035.

Investments in the development of the NSR are envisaged in the amount of up to two trillion rubles until 2035. Last year, a record volume of 36 million tons of cargo was transported along the key transport corridor. In future, cargo traffic should exceed 150 million tons by 2030 and more than 200 million tons by 2035.

The Far East Maritime Congress is held every two years and serves as a platform for developing joint solutions for the development of the marine industry, tass.ru reports.

Alex Shishlo, Chief Editor of the European Bureau, Rough&Polished