By John Helmer in Moscow Denmark-based fleet operator Norden has hit United Company Rusal, the Russian aluminium monopoly controlled by Oleg Deripaska, with claims for shipping contract violations since last September. The liabilities total $98.3 million. Court documents break publicly for the first time the code of silence which usually covers Russian commodity trades, the […]

by Editor - Wednesday, March 25th, 2009
No Comments »

By John Helmer in Moscow Despite a brace of judicial rulings from the English courts against blackening reputations as a business tactic, United Company Rusal has reacted to the defeat of its candidates for the Norilsk Nickel board with this blistering ad hominem attack: “Moscow, 8 July 2008 – UC RUSAL, the world’s largest aluminium […]

by Editor - Saturday, July 12th, 2008
No Comments »

By John Helmer in Moscow Oleg Deripaska is not having a good week. On Monday, he revealed he was at maximum stretch to garner just enough shareholder votes for two seats on the Norilsk Nickel board, plus a seat for his highly unpredictable and unreliable shareholding ally, Mikhail Prokhorov. On Thursday, Justice Christopher Clarke issued […]

by Editor - Thursday, July 3rd, 2008
No Comments »

By John Helmer Sterlite Gold reveals $140 million payday from Russian-funded Georgian gold miner. It has been a mixed week for Georgia’s President Mikheil Saakashvili On September 26 he took to the podium of the UN General Assembly in New York to accuse Russia of interfering in his country’s internal affairs, and acting in “reckless […]

by Editor - Monday, October 1st, 2007
No Comments »