As the last shipyard in Europe, the Danish shipyard Fayard continues to service a number of gas ships that sail millions of tons of Russian LNG through the Arctic and send billions back to Russia's economy and war chest.
But now it must end. The EU's new sanctions package, adopted on April 23, will limit Russia's gas and oil projects and thus also the service and maintenance of tankers and icebreakers that transport liquefied natural gas. This is reported by DanWatch.
But the sanctions will not stop Fayard's ability to service and maintain the ships for the time being. The vessels that Fayard services are not, on paper, Russian and do not sail under the Russian flag - even though they transport billions of dollars worth of gas to benefit Putin.
And to begin with, the sanctions only include servicing Russian-owned LNG tankers and icebreakers, and thus not all ships that sail with liquefied Russian natural gas in their cargo from the gigantic Russian Yamal facility.
Sanctions will demand a lot from companies
It is only from January next year that other ships will be covered. Exactly at the time when the EU had already decided to ban Russian LNG anyway.
It is problematic that all the sanctions do not come into effect sooner, believes Sebastian Rötters, who is campaign manager at the German NGO Urgewald.
- It is a big mistake, because the EU actually has the ability to more or less stop Russia's LNG business from the Yamal facility. It is a well-intentioned measure by the EU, but it comes far too late. At least 6 out of 14 Arc 7 ships have not had maintenance for three years or more, and they are normally serviced more or less every three years. So there is a possibility that these six ships will rush to Fayard this summer before the sanctions come into effect,” he says.
According to Lars Brodersen, a lawyer and sanctions expert from Trade Compliance, the new sanctions place great demands on companies like Fayard.
- Careful due diligence must be carried out to ensure that you comply with the sanctions. If an icebreaker or an LNG ship arrives, you know that it is a high-risk area, and there is a significant risk that it has a connection to Russia. Therefore, you have to do a lot to ensure and document that you are on the right side of the rules, he says.
Fayard: We follow the rules
In a written response, Fayard states that they “of course follow the rules in force at all times.”
“We follow and support the line that is being taken in the EU. This remains the case with the adoption of the new 20th sanctions package”.
The Danish shipyard Fayard, located in Lindø near Odense, is the last in Europe that is currently helping Russia keep its fleet of icebreaker gas carriers sailing, transporting millions of tons of liquefied Russian natural gas through the Arctic to Europe.
In 2025, the French shipyard Damen Shiprepair in Brest decided to stop servicing Russia's Arctic LNG tankers due to the war in Ukraine.
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