News articles

Sovcomflot completes first phase of Green Funnel tanker haul

DATE: 02/05/2019 SOURCE_NAME: TradeWinds SOURCE_URL: AUTHOR_NAME: Lucy Hine

Sovcomflot posts big first-quarter profit as tanker market recovers
The Russian state shipowner posted $70.1m in profit for the three months of 2019, a marked improvement over the $16.1m loss reported for the same period last year
DATE: 15/05/2019 SOURCE_NAME: TradeWinds SOURCE_URL: AUTHOR_NAME: Matt Coyne, Andy Pierce

Sovcomflot targets continued growth
Sovcomflot expects to continue growing its industrial business, which includes offshore services and gas transportation. The unit already makes up more than 50% of revenues
DATE: 19/03/2019 SOURCE_NAME: Lloyd's List SOURCE_URL: AUTHOR_NAME: Nidaa Bakhsh

Tanker rate spike pushes Sovcomflot back to profit in fourth quarter
Rebounding tanker rates propelled Russian shipowner Sovcomflot back into the black in the fourth quarter of 2018 and the confidence has transferred into this year
DATE: 15/03/2019 SOURCE_NAME: TradeWinds SOURCE_URL: AUTHOR_NAME: Andy Pierce

LNG fuelling proves to be a slow burner for the industry
But the next wave of newbuildings for deepsea vessels across all types could change that
DATE: 13/12/2018 SOURCE_NAME: TradeWinds SOURCE_URL: AUTHOR_NAME: Lucy Hine

Novatek reserves slots for 14 Arctic LNG carriers worth $4.45bn
"We expect Sovcomflot to take on a large number of orders following the results of the tender," a representative of Novatek said
DATE: 11/01/2019 SOURCE_NAME: TradeWinds SOURCE_URL: AUTHOR_NAME: Gary Dixon

Sovcomflot signs first LNG-fuelled product tanker newbuildings order
Contract for MR series at Zvezda follows aframax deal with the same yard in September
DATE: 02/01/2019 SOURCE_NAME: TradeWinds SOURCE_URL: AUTHOR_NAME: Andy Pierce

Putin honours Zybko for work on Yamal LNG’s Arc7 flagship
Captain Sergey Zybko was recently presented with the Distinguished Maritime Service Order by Russian President Vladimir Putin for his contribution to the construction of the world’s first ice-breaking LNG tanker and its entry into operational service
DATE: 20/12/2018 SOURCE_NAME: TradeWinds SOURCE_URL:

Sovcomflot completes first Yamal LNG STS
Pskov loaded 170,000 cbm brought by Arctic LNG carrier from Sabetta
DATE: 26/11/2018 SOURCE_NAME: TradeWinds SOURCE_URL: AUTHOR_NAME: Gary Dixon

Sovcomflot: green shoots of recovery for tankers
Russian group makes it back into profit in third quarter
DATE: 16/11/2018 SOURCE_NAME: TradeWinds SOURCE_URL: AUTHOR_NAME: Gary Dixon