• 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.




2018 October 19

13:31 MOL's newbuilt LNG carrier "MARVEL EAGLE" to transport LNG from Cameron project in U.S.
13:11 NIBULON Shipbuilding and Repair Yard launches POSS-115 Project tug
13:05 BigLift Barentsz sails Northern Sea route for Pioneering Spirit
12:48 Glavgosexpertiza approves reconstruction of KSK grain terminal to increase its capacity to 4 million tonnes
12:22 Q&A with ImageSat International released ahead of SMi’s 4th annual Maritime Reconnaissance and Surveillance Technology conference
12:05 FESCO wins tender for supplying Indian Research Stations in Antarctica in 2019
11:43 Competition for designing and construction of LNG-powered icebreaker to be announced in late 2018 - early 2019
11:20 North Sea Giant turns to The Switch EBL technology
10:54 NOVATEK to place four FLNG facilities on the Northern Sea Route
10:31 RF Navy’s major amphibious ship Ivan Gren enters North Sea
10:07 Port of Vancouver closes 2018 cruise season
09:56 Brent Crude futures price up 0.4% to $79.61, Light Sweet Crude – up 0.35% to $68.89
09:38 Tackling maritime emissions - IMO rolls out ship and port toolkits
09:29 Expert forecasts more favorable ice situation on Northern Sea Route for 30 years ahead
09:15 Baltic Dry Index is up to 1,565 points
09:07 Hapag-Lloyd, CMA-CGM and COSCO enhance GEM service - covering Mediterranean with the Middle East / ISC
08:37 Samskip launches Netherlands-Italy multimodal rail service
08:07 SEA\LNG submits open comment on the draft supplemental environmental impact statement for Puget Sound LNG facility
07:20 Van Oord awarded offshore contract for the West White Rose Project

2018 October 18

18:03 VSDV opens new crossdock location in the port of Amsterdam
17:33 The first vessel in Klaveness Combination Carriers next generation of combination carriers named at New Yangzi Shipyard in China
17:17 Cargo transportation via Northern Sea Route can reach 17 million tonnes in 2018
17:03 Savannah container trade up 12 percent in September 2018
16:55 PGRK: sales strategy of Pavlovskoye deposit project is focused on foreign markets
16:33 SITC Logistics Group signs strategic cooperation agreement with Chengdu Port Investment Group and Guangzhou Port Logistics Group
16:03 NYK and Horiba to develop a new sulfur-in-oil analyzer for ships
15:34 Thames freight volume rises by 40% as Thames Vision strategy starts to bear fruit
15:33 Port of Rotterdam Authority and research institute TNO present results of the study at IMO meeting
15:31 Dublin Port volumes grow by 4.7% in first nine months. By year end, 36% growth in just six years
15:03 Chinese Lingang group invests 85 million euros in Zeebrugge inner port
14:47 Practical aspects of LNG bunkering to be discussed at the dedicated conference in Moscow on October 24
14:33 Nouryon, Tata Steel, and Port of Amsterdam partner to develop the largest green hydrogen cluster in Europe
14:24 Bunker prices may change irregular next week amid rising volatility on global fuel market, expert says
14:11 Tallink and Rauma marine constructions sign letter of intent for the construction of new shuttle ferry
14:02 VesselMan and DNV GL team up to offer optimized solution for dry-docking management
13:30 Project Forward paves the way for meeting IMO’s reduction on CO2 emissions
13:14 Equinor’s share saving plan allocates shares
13:02 Damen Shipyards Group and Abu Dhabi Ports sign contract for two Damen ASD Tugs 2411
12:52 Volumes transported by TransContainer’s flatcars and containers grew by 5.1% Y-o-Y to 1.38 million TEUs
12:43 Diana Shipping announces direct continuation of time charter contract for M/V Astarte with Glencore
12:40 Damen Shiprepair Oranjewerf adds three new certifications
12:30 Vympel Shipyard launches third coast guard boat of Project 1496М1, Lamantin, for FSB Border Guard Service
12:11 Equinor focuses NCS portfolio through sale of non-core discovery
11:51 Securitas Technology BV installing cameras in the Port of Rotterdam
11:28 HII starts fabrication of amphibious assault ship Bougainville (LHA 8)
10:55 Seafarers’ mental health is focus of new training programme offered free to mariners worldwide
10:51 RF Navy’s Pacific Fleet detachment to conduct exercise East China Sea
10:13 Ulstein secures contract for design of Jones Act compliant SOV vessel
09:58 Brent Crude futures price up 0.07% to $79.99, Light Sweet Crude – up 0.1% to $67.61
09:39 Myanmar officials trained in forming maritime transport policy
09:14 Baltic Dry Index is down to 1,554 points

2018 October 17

18:03 PGNiG and Venture Global LNG announce LNG Sales and Purchase Agreements for 2 million tonnes per year
17:46 The Freeport of Riga Authority continues to develop cooperation with China
17:22 Port Manatee enjoys record fiscal year with diverse growth
17:00 North Sea Port and Titan LNG successfully supply sea-going vessel with LNG fuel
16:55 33 LNG carriers and 8 gas condensate carriers with export cargo left port Sabetta in April-June 2018
16:24 Baku International Sea Trade Port launches two new tugboats
16:02 Hapag-Lloyd announces General Rate Increase for East Asia to Mexico, Central America, West Coast of South America, Caribbean & Panama trade
15:46 New BIMCO & IBIA Bunkering Guide available
15:23 NOVATEK and Fluxys plan to build an LNG terminal in Rostock