Sovcomflot inks $149m loan for financing the construction of a new generation Atlanticmax LNG carrier

Sovcomflot inks $149m loan for financing the construction of a new generation Atlanticmax LNG carrier

Sovcomflot (SCF Group) announced on Wednesday (Nov 14) that it has signed a new USD 149 million credit facility, for up to 10 years, with a consortium of three leading international banks, comprising: ING Bank N.V.; KfW …
Nov 15, 2018 /  Finance
Sovcomflot tanker Gagarin Prospect successfully completes first commercial voyage from Primorsk to Rotterdam on LNG fuel

Sovcomflot tanker Gagarin Prospect successfully completes first commercial voyage from Primorsk to Rotterdam on LNG fuel

On 22 October 2018, Sovcomflot crude oil tanker Gagarin Prospect, operating on LNG fuel, successfully completed her voyage across the Baltic and North Seas from Primorsk to Rotterdam where she safely delivered a cargo of …
Oct 25, 2018 /  Vessels
Shell and Sovcomflot LNG bunkering in Rotterdam marks number of firsts

Shell and Sovcomflot LNG bunkering in Rotterdam marks number of firsts

Shell recently delivered its first ship-to-ship bunkering of cleaner burning LNG fuel from its specialised LNG bunker vessel, Cardissa, paving the way for many other operations from the vessel. This operation marked a …
Oct 5, 2018 /  Vessels
Sovcomflot orders next generation large-capacity tankers from Zvezda with financing from VEB

Sovcomflot orders next generation large-capacity tankers from Zvezda with financing from VEB

During the 4th Eastern Economic Forum (EEF), PAO Sovcomflot (SCF Group) signed a set of agreements with Rosneft, Zvezda Shipbuilding Complex and VEB Group, placing orders with Zvezda for a series of two next generation …
Sep 11, 2018 /  Vessels
LNG carrier Pskov loads first cargo from Yamal LNG second train

LNG carrier Pskov loads first cargo from Yamal LNG second train

On 9 August 2018, the liquefied natural gas (LNG) carrier Pskov completed loading at the Port of Sabetta (YNAD), with the first cargo of LNG produced from the second high-tech production line at the Yamal LNG plant. …
Aug 14, 2018 /  Vessels
Icebreaking LNGC Christophe de Margerie transits Northern Sea Route in record time for July

Icebreaking LNGC Christophe de Margerie transits Northern Sea Route in record time for July

Christophe de Margerie, the icebreaking LNG carrier owned and operated by Sovcomflot (SCF Group), has crossed the Northern Sea Route (NSR) in a new record time, for a merchant ship without icebreaker support, during the …
Aug 2, 2018 /  Vessels
Sovcomflot and Novatek agree strategic partnership to implement Arctic projects

Sovcomflot and Novatek agree strategic partnership to implement Arctic projects

On 28 June, PAO Sovcomflot (Group) and PAO Novatek signed a strategic partnership agreement to develop together the logistical support for the Yamal LNG,  Arctic LNG-2 and other projects of NOVATEK. This …
Jun 29, 2018 /  Curious
Rosneft and Sovcomflot agreed on engineering support for building three Aframax tankers at Zvezda Shipyard

Rosneft and Sovcomflot agreed on engineering support for building three Aframax tankers at Zvezda Shipyard

Rosnefteflot, a Subsidiary of Rosneft, and SCF Management Services, a Subsidiary of Sovcomflot, entered into an Agreement for rendering engineering support services for building three tankers with deadweight of 114,000 …
May 30, 2018 /  Vessels
Sovcomflot to provide technical supervision for the construction of Rosneft’s new LNG-fuelled tankers

Sovcomflot to provide technical supervision for the construction of Rosneft’s new LNG-fuelled tankers

At the St. Petersburg International Economic Forum Friday, Sovcomflot (SCF Group) and Rosnefteflot signed an agreement whereby SCF’s specialists will provide technical supervision during the construction of …
May 28, 2018 /  Finance
SCF Group concludes USD 252Mln long-term credit facility for financing a series of six Aframax tankers

SCF Group concludes USD 252Mln long-term credit facility for financing a series of six Aframax tankers

PAO Sovcomflot (SCF Group) announced on Friday (Apr 06) that it has signed a new USD 252 million 7-year credit facility with a consortium of six leading international banks, which includes: ABN AMRO Bank; BNP Paribas; …
Apr 10, 2018 /  Finance