It comes after Russian company GTLK, which owns the leasing company in Hong Kong which financed the line’s maiden vessel, was sanctioned by the EU.
Havila "assumes" the sanctions will prevent GTLK from carrying out the financing of the three remaining vessels being built at the Tersan shipyard in Turkey.
Havila Voyages’ chief executive Bent Martini voiced support for sanctions against Russia "in this dire situation the world is in" and said the line is now working to refinance Havila Capella to "break all ties with sanctioned and Russian-owned companies".