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
SCF Group and Shell pioneer adoption of cleaner-burning LNG as a primary fuel for Aframax tankers

SCF Group and Shell pioneer adoption of cleaner-burning LNG as a primary fuel for Aframax tankers

Two SCF Group LNG-fuelled Aframaxes time-chartered by Shell SCF Group (PAO Sovcomflot) yesterday signed time-charter agreements with Shell for two dual-fuelled Aframax tankers, which mark a historic turning point that …
Feb 21, 2018 /  Vessels
Sberbank and Sovcomflot conclude new USD 106 million project financing agreement

Sberbank and Sovcomflot conclude new USD 106 million project financing agreement

Sberbank and Sovcomflot have signed a new USD 106 million project financing agreement, with a term of up to 14 years. The funds will finance the construction of a high ice class Arctic shuttle tanker (Arc7) for the Novy …
Feb 13, 2018 /  Finance
Naming and flag-raising ceremony for Sovcomflot’s IBSBV Yevgeny Primakov held in Saint-Petersburg

Naming and flag-raising ceremony for Sovcomflot’s IBSBV Yevgeny Primakov held in Saint-Petersburg

The naming and flag-raising ceremony for Yevgeny Primakov (see also CruiseMapper), a new multifunctional icebreaking standby vessel (IBSBV) built for PAO Sovcomflot (SCF Group), was held at Angliyskaya …
Feb 5, 2018 /  Vessels