News articles

Sovcomflot profit falls 36%
Seasonal tanker market weakness to blame for drop in profit
DATE: 18/11/2016 SOURCE_NAME: Lloyd's List SOURCE_URL: AUTHOR_NAME: Hal Brown

Sovcomflot stacks up profit in 2015
Russian owner sees strong tanker market and growing gas fleet power bottom line
DATE: 21/03/2016 SOURCE_NAME: TradeWinds SOURCE_URL: AUTHOR_NAME: Andy Pierce

Sovcomflot quadruples profit for 2015
Sovcomflot's success is the result of a conservative approach to the market. Long-term contracts shelter offshore and LNG operations, while tankers benefit from spot exposure
DATE: 21/03/2016 SOURCE_NAME: Lloyd’s List SOURCE_URL: AUTHOR_NAME: Gary Howard

Moscow still keen on privatising SCF
Going public remains very much on the cards but current market volatility makes timing a challenge, says finance boss Nikolay Kolesnikov.
DATE: 28/01/2016 SOURCE_NAME: TradeWinds SOURCE_URL: AUTHOR_NAME: Andy Pierce

Bulls, bears and believing in fairies
Braemar, SCF and Euronav chart the tanker market with the aid of animals and Peter Pan.
DATE: 27/01/2016 SOURCE_NAME: TradeWinds SOURCE_URL: AUTHOR_NAME: Andy Pierce

Sovcomflot profit soars in Q3

Russian state owner boosted by buoyant tanker markets and two new LNG carriers.

DATE: 17/11/2015 SOURCE_NAME: TradeWinds SOURCE_URL: AUTHOR_NAME: Gary Dixon

SCF’s Fairfax returns to House of Lords

DATE: 26/11/2015 SOURCE_NAME: TradeWinds SOURCE_URL: AUTHOR_NAME: Lucy Hine

Fitch upgrades Sovcomflot to 'BB'; Outlook stable

DATE: 23/11/2015 SOURCE_NAME: FitchRatings SOURCE_URL: AUTHOR_NAME: Hugh Shim, Angelina Valavina

Sovcomflot profit soars

DATE: 28/08/2015 SOURCE_NAME: TradeWinds SOURCE_URL: AUTHOR_NAME: Gary Dixon

Sovcomflot sheltered by long-term charter deals despite counterparty risks
Russian state-owned tanker giant sees conservative strategy paying off
DATE: 28/08/2015 SOURCE_NAME: Lloyd's List SOURCE_URL: AUTHOR_NAME: Max Tingyao Lin