Sovcomflot Updates Fleet Status

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.

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