Sovcomflot Updates Fleet Status

Laxman Pai
Monday, March 16, 2020

PAO Sovcomflot (SCF Group), a Russian maritime shipping company specializing in petroleum and LNG shipping, announced that it has taken delivery of four newbuildings during last year.

Three ‘Green Funnel’ LNG-fuelled Aframax crude oil tankers (Korolev Prospect, Vernadsky Prospect, Samuel Prospect) and Mikhail Lazarev, an Arctic MR shuttle tanker transporting crude oil for the Novy Port project, are now under a long-term contract with Gazprom Neft.

All vessels are designed to the highest industry standards of safety and sustainability, it said.

Korolev Prospect, a ‘Green Funnel’ crude oil tanker, became the first vessel to cross the entire length of the Northern Sea Route using only cleaner-burning LNG as a fuel.

According to the company, shipbuilding contracts were signed for the construction of two Aframax crude oil shuttle tankers for the Sakhalin-1 project with deliveries in early 2022 backed by ten and fifteen year period time charters.

Meanwhile, long-term time-charter contracts signed with NOVATEK for three next-generation LNG-fuelled MR product carriers, currently under construction at Zvezda Shipbuilding Complex.

Categories: Tankers LNG Vessels People & Company News

Related Stories

Tanker Vessel Market Bends Under Supply and Demand Strains

Murphy Tapped To Chair Tidal Energy Company Board

Nigerian Seaborne Import of Clean Petroleum Products Falls 39%

Current News

Panama Canal Unveils Decade Roadmap of Transformation

Nissen Kaiun Becomes Stakeholder in Econowind

China's Hold on Global Ports focus of Trump Administration

DP World Introduces New Quay Crane and Electric RTG Cranes at Mundra Terminal

Subscribe for Maritime Logistics Professional E‑News