Denmark's Fayard may repair up to six Arc7 LNG carriers before EU sanctions bite

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Source: The Kyiv Independent
Denmark's Fayard may repair up to six Arc7 LNG carriers before EU sanctions bite
Photo: The Kyiv Independent
TL;DR Summary

A Urgewald report says Fayard, the EU's last shipyard still servicing Russian Arctic LNG carriers, could repair up to six Arc7 vessels this summer before new EU maritime-services restrictions take effect in 2027, potentially prolonging Russia's Arctic LNG exports. The six ships are part of a 15-strong Arc7 fleet serving Yamal LNG; each has carried about 5.3 million tonnes of LNG since Feb. 2022, with cargo values around €4 billion per vessel (roughly €32 billion total). Campaigners urge Fayard to end servicing vessels tied to Russian LNG to align with sanctions aims.

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