SCF Group recognised as Company of the Year

The annual ceremony for awarding the winners of the prestigious Lloyd’s List Global Awards – created by a leading specialised maritime publishing house – took place in London on 29 September 2010. SCF Group was named a winner in the category “Company of the Year”.

“This award recognises the contribution of more than 8,000 employees within SCF Group, including the captains and crews of our ships, as well as shore-based personnel. It also demonstrates the authority and respect enjoyed by this Russian shipping company among its customers and business partners. We should like to share our success with them” – said Sergey Frank, Sovcomflot President and CEO.
2009 and the first half of 2010 was, without exception, a rather difficult time for all enterprises of the shipping industry. So, being awarded “Company of the Year”, particularly now, is of special value to our company.
In the most recent half year, the Group has significantly broadened the range of activities offered to its customers. In addition to seaborne transportation of hydrocarbons, the company is also engaged in: the transhipment of crude oil via FSO facilities; the development of effective logistics for energy resource transportation in the harsh climate of the Arctic and Far Eastern seas; providing towage services and supply vessels for drilling rigs and offshore platforms support.

Sound financial backing allows Sovcomflot to fully concentrate on enhancing the quality of services offered to its customers, on implementing the programmes for providing safety of navigation, protection of the marine environment and energy saving.

Lloyd’s List Global Awards - are the awards of the largest maritime publishing house, Lloyd’s List, presented annually to the companies which achieve significant success in maritime shipping.

SCF Group is one of Russia’s largest infrastructure companies. Its fleet comprises 148 vessels (more than 10.7 million tonnes dwt in total). Its current shipbuilding programme includes eleven vessels (0.85 million tonnes dwt in total):
• The average age of tanker in the fleet is approximately 6.5 years (with the world average age being 12 years).
• The company has the largest fleet for operating in ice conditions, being the No.1 operator of Arctic shuttle tankers, as well as ice-class LNG carriers.
• SCF Group is the second largest operator (by deadweight) in the product tanker and Aframax tanker segments, holding the fourth place in the Suezmax tanker segment.
• The company has been a Lloyd’s List Global Awards finalist three times: twice, in 2007 and in 2008, reaching the finals in the category “Ship of the Year” and in 2005 became the winner in the nomination ‘Newsmaker of the Year’.
• For five years running, the Group has been a finalist in various nominations of the annual Platts Global Energy Awards, the US energy information agency, and in 2007 won the title “Energy Transporter of the Year”.
• This year, the company became a prize-winner at the annual Seatrade Awards, having been awarded “Global Performer 2010” for its “contribution to regular transportation of cargo by ice-class tankers in the harsh climatic conditions of the Arctic”.

Sovcomflot Press-Centre