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Class treads carefully around Russian sanctions definitions

Indian Register of Shipping reiterates it has not classed Russian vessels, despite taking over the majority of Sovcomflot vessels withdrawn by other societies in the wake of Russian sanctions

India has become the fastest growing society in the world this quarter after taking in Sovcomflot tonnage, but is now seeking to distance itself from Russia on the basis that the vessels were quickly re-flagged and registered elsewhere in the aftermath of sanctions

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