• 2018 September 20 17:54

    Sovcomflot participates in Eastern Economic Forum’s business programme

    On 11-13 September 2018 a delegation from PAO Sovcomflot, headed by Sergey Frank, CEO and Chairman of the company's Executive Board, took part in the 4th Eastern Economic Forum, that is traditionally held in Vladivostok. The company's delegation included Evgeny Ambrosov, First Deputy CEO, and Igor Tonkovidov, First Deputy CEO – Chief Engineer of PAO Sovcomflot

    Accordig to the press release of Sovcoflot, the company signed a range of important agreements during the Forum's activities. On 11 September, a set of agreements were signed with Rosneft, Zvezda Shipbuilding Complex and VEB Group. The agreements include placing orders with SSK Zvezda for a series of two large-capacity LNG-powered Aframax tankers, with the support of VEB-Leasing to finance the construction of the tankers, with a subsequent long-term time charter for these vessels agreed with Rosneft. On 12 September, Sovcomflot, Vnesheconombank and VEB Leasing entered into a cooperation agreement. On the same day, SCF and the Russian Ministry of Natural Resources and the Environment signed an agreement to develop long-term cooperation to ensure the environmental safety and preservation of the natural environment of the Russian Arctic. 

    On 12 September, Sergey Frank delivered a report at the EEF session "New Energy Markets: The Far Eastern Vector". The event was attended by: Alexander Novak, Minister of Energy of the Russian Federation; Shu Yibiao, Chairman of the Executive Board of the State Grid Corporation of China; Tetsuhiro Hosono, Chairman, Chief Executive Officer of Japan Oil, Gas and Metals National Corporation; Alexander Medvedev, Deputy Chairman of the Management Board of PAO Gazprom, and Lev Feodosyev, First Deputy Chairman of the Management Board of NOVATEK. 

    In his report, the head of Sovcomflot noted that the topic of development of new energy markets, amongst the countries of the Asia-Pacific region, is particularly acute considering that these countries are the main drivers of global economic growth in the 21 century and the main energy consumers. "The development of energy markets in the countries of the Asia-Pacific region is a powerful incentive for the exploration of new routes of energy delivery to the region, including the Ice Silk Road, much of which is the waters of the Northern Sea Route. This will turn the Russian Far East into one of the world's most important logistics hubs", noted Sergey Frank. 

    The expansion of freight along the new route sets new large-scale challenges for shipping companies and shippers. Increasing traffic along the Northern Sea Route requires: the application of state-of-the-art technologies; further improvement to the regulatory framework; the development of new forms of transport; the interaction of oil and gas production companies and close international cooperation amongst professionals. Sergey Frank recalled that Sovcomflot has developed great shipping expertise in challenging ice conditions. Since 2006 until now, the company's vessels have safely transported over 226 million tonnes of oil and 19 million tonnes of LNG from marine and offshore terminals of the Okhotsk, Barents, Pechora and Kara Seas, the bulk of which was delivered to the Asia-Pacific countries. "Logistics has to be not only viable commercially but also provided with the most advanced and environmentally sound technologies", stressed Sergey Frank. An indispensable factor of successful operation in the Arctic and Subarctic seas is the professionalism and experience of shipboard personnel. "Large-scale projects in the Arctic and the sophistication of modern marine facilities impose enhanced requirements for well trained, highly qualified personnel", said SCF’s President & CEO. The Russian Far East plays a significant role in this field. This region is also one of the leading educational centres for the Russian maritime industry, and a source of skilled maritime workers for work in the eastern sector of the Arctic. Sovcomflot's vessels service oil and gas projects on the Sakhalin shelf – Sakhalin-1 and Sakhalin-2. Most part of these vessels' crews are from Primorsky Krai and Sakhalin, the maritime school and traditions of which are amongst the best in the world. 

    It is symbolic that it is in the Far East, at the SSK Zvezda’s facilities, that a global environmental initiative of SCF’s for Aframax tankers fuelled by natural gas bunkers will be implemented for the first time in Russia.

    PAO Sovcomflot (SCF Group) is one of the world's leading shipping companies, specialising in the transportation of crude oil, petroleum products, and liquefied gas, as well as the servicing of offshore oil and gas exploration and production. The company’s own and chartered fleet includes 147 vessels with a total deadweight of 12.7 million tonnes. 79 vessels have an ice class. 

    Sovcomflot is involved in servicing large oil and gas projects in Russia and around the world: Sakhalin-1; Sakhalin-2; Varandey; Prirazlomnoye; Novy Port; Yamal LNG, and Tangguh (Indonesia). The company is headquartered in Saint Petersburg, with offices in Moscow, Novorossiysk, Murmansk, Vladivostok, Yuzhno-Sakhalinsk, London, Limassol, and Dubai.




2019 June 19

11:37 Ship inspection platform Idwal urges investors to carry out due diligence on asset condition as standards decline
11:19 WMU signed MOU with Higher Institute of Maritime Studies, Morocco
11:12 Damen signs Phase II contract with International Organization for Migration for nine additional SAR 1906 search and rescue boats
10:55 ABB wins system package with Keppel for dredging contractor Van Oord
10:33 Lavna coal terminal to reach design capacity of 18 million tonnes in 2022
10:00 Bunker market sees mixed price movements at the port of Saint-Petersburg, Russia (graph)
09:38 MABUX: Bunker Market this morning, June 19
09:32 Brent Crude futures price is up 0.03% to $62.16, Light Sweet Crude – up 0.22% to $54.23
09:15 Baltic Dry Index is up to 1,135 points

2019 June 18

18:36 Spotlighting IMO's actions on climate change
18:31 Transborders Energy signs joint study agreement with Kyushu Electric Power for FLNG Solution
18:06 Kim Heng Offshore & Marine Holdings signs MoU with HHC and Thaitan
18:03 Container service boost at Bristol Port
17:53 IMO and UN Environment – working together to keep the Mediterranean clean
17:36 ZIM introduces myZIM Personal Notifications
17:21 Incat launches a new 111-metre ferry for Spain
17:06 Hapag-Lloyd announces General Rate increase from Japan to Middle East
16:42 Nor-Shipping 2019 sets new records
16:20 Fincantieri and CNR present the results of six multidisciplinary research projects
16:04 Atlantic Towing buys Havyard 833 WE – build no 126
15:25 Live stream of IWW passenger transportation meeting, part of SmartTRANSPORT, starts on IAA PortNews website at 10:00, June 21
15:04 Port of Oakland approves Seaport Air Quality 2020 and Beyond Plan
14:33 Carnival Mardi Gras cruise ship hull assembly begins at Meyer Turku shipyard
14:02 Hapag-Lloyd announces FAK from East Asia to Europe and Mediterranean
13:30 Port of Singapore bags “Best Seaport in Asia” for 31st time and also “Best Green Seaport”
13:02 Major shipping banks to launch the Poseidon Principles in line with IMO’s Greenhouse Gas strategy
12:41 Russia's Main Department of State Expertise approves revised project for Phase 1 of dry bulk terminal in Taman
12:28 Bunker prices show slight changes at the Far East ports of Russia (graph)
12:24 Jan De Nul secures Formosa 2 OWF contract in Taiwan and underlines its expansion in Asian OWFs
12:05 AtoB@C starts to offer port towage and related services in Port of Raahe
11:39 East-Siberian Inland Navigation Company launches bunkering tanker of Project RT37 for Baikal
11:16 Regional Manager Simon Neo set to leave IBIA
10:52 IBIA board member elected President of the Panama Maritime Chamber
10:47 NAVTOR integrates environmental regulations into voyage planning with Total Marine Solutions MOU
10:27 Maritime spatial planning in the Baltic Sea region easier with BASEMAPS
09:53 Brent Crude futures price is down 0.05% to $60.91, Light Sweet Crude – down 0.1% to $51.88
09:35 MABUX: Bunker Market this morning June, 18
09:15 Baltic Dry Index is up to 1,093 points

2019 June 17

18:24 USCG saves six people, tows disabled vessel in Port Etches
17:59 Denis Krylov appointed General Director of Gazpromneft-Sakhalin
17:28 China and South Korea agree on ballast water exchange rules
17:04 Mermaid Maritime borrows a loan of USD 65 mln to extend the financing of two vessels
16:41 Neptune Lines welcomes Neptune Galene & Neptune Thalassa after scrubber installation
16:23 DG Termināls invests about 1 million euros during the year
16:17 Finnish ferry getting a diesel-electrical drivetrain system
16:04 MSC Katya R. sets record as largest container ship to boost Costa Rican export links to Europe
15:45 Singapore to host 18th Vessel Efficiency & Fuel Management Summit
15:26 Onezhsky Shipyard launches multifunctional buoy tender for Volga-Baltic Basin
15:04 Hunter Group sells one vessel
14:42 Gdansk, Poland to host 6th Operating Specialist Wind Vessels Summit
14:19 Seatrade Europe conference programme to include Marine Interiors specialist panel discussions
14:12 ClassNK releases amendments to class rules
13:55 Finland hosts an EU–China maritime meeting
13:31 AWT completed stage III of modernization and expansion of the Paskov Terminal
13:24 Average wholesale prices for М-100 HFO down to RUB 16,007 in RF spot market
13:10 The Irish Port of Cork and Port of Amsterdam to collaborate
12:48 Pella Shipyard launches tugboat of project 90600, Sadko, built for Sevmash-Shelf (video)
12:31 Port of Oakland exports up 8.4 percent in May 2019
12:01 North Carolina Ports adopts Vortex port equipment simulator
11:30 MEYER WERFT announces the keel laying for the new cruise ship IONA