• 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 September 22

17:03 Höegh increases its frequency to Australia
16:21 USCG Cutter Seneca offloads more than 12,000 pounds of cocaine in Miami
15:16 Algoma announces agreement to acquire Croatian-built dry-bulk carrier
13:03 Van Oord: Second Sand Motor successfully completed
12:47 Ørsted to pioneer deployment of GE’s next generation offshore wind turbine
11:39 ZPMC orders compressors to pipelay vessel

2019 September 21

16:17 USCG responds to breakaway barges striking I-10 San Jacinto River bridge
15:14 Eastern Shipbuilding launches the C.D WHITE for E.N. Bisso & Son
14:06 Boskalis associate Smit Lamnalco signs first 10-year terminal services contract in Mozambique
12:52 Kongsberg wins first full-scope expedition cruise vessel tender, with gensets and propulsion equipment
11:34 Rauma Shipyard bags Finnish Navy's four corvettes order

2019 September 20

18:41 Vostochny Port joins Coordinating Council on Trans-Siberian Transportation as its permanent member
18:22 IAA PortNews offers photo release from 'Development of Icebreaking and Support Fleet' conference held on NEVA 2019 zero-day
18:05 Global Ship Lease announces new five-year $268 mln credit facility for debt refinancing
17:24 Vostochny Port’s harbour services fleet presented at dedicated conference in Saint-Petersburg
17:05 F. A. Vinnen places entire fleet with Verifavia Shipping & Rina for IHM services
16:50 Helsinki Shipyard (Finland) to build two liners for polar cruises
16:35 COSCO SHIPPING Ports announces disposal of interest in various port assets and possible disposal of Taicang Terminal and Jiangsu Petrochemical Terminal
16:21 ABB presents electric power and propulsion solutions for icebreaking vessels at NEVA 2019
16:05 Port of Los Angeles protects overall clean air gains
15:19 Port of Riga rapidly increases volume of handled wood pellets
14:53 South Korean port to slash passenger vessel emissions with ABB shore power
14:15 Krasnoye Sormovo launches Pola Pelagia, dry cargo carrier of Project RSD59З, for Pola Rise
13:30 Damen Shipyards Group is ready to ensure construction of electric water buses for rivers and canals of Saint-Petersburg and Russia
13:12 MSC Cruises and Fincantieri unveil further details of MSC Seashore at coin ceremony
12:24 Victor Olersky sees promising future of electric river passenger ships in Saint-Petersburg and in Russia
12:09 Algoma Central Corporation announces agreement to acquire Croatian-built vessel
11:28 Specifications for 0.50% sulphur fuels and the PAS from ISO: IBIA explains
11:09 GTT obtains Approval in Principle from Bureau Veritas for the Mark III Flex technology on ice-breaking LNG carriers
10:52 IBIA and S&P Global Platts collaborate to help shipping industry comply with IMO 2020
10:31 Workshop for training on emergency response, preparation and planning held in Manila
10:09 Van Oord and Shell test the use of biofuel on trailing suction hopper dredger HAM 316
09:50 State Duma ratifies Convention on the Legal Status of the Caspian Sea
09:33 Brent Crude futures price is up 0.20% to $63.73, Light Sweet Crude – up 0.98% to $58.7
09:25 Lloyd’s Register, China Merchants, GTT, CNOOC, DSIC form jv to design LNG-fuelled VLCC
09:17 Baltic Dry Index is down to 2,192 points
08:58 MABUX: Bunker Market this morning, Sept 20

2019 September 19

18:04 Bibby Marine Services takes the next step to optimize walk-to-work operations
17:56 Marinet approves Poseidon maritime cyber security project
17:37 American Ethane reveals plans to order 17 VLECs
17:34 Wärtsilä’s Board of Directors decided on the distribution of the second dividend instalment
17:22 Marinet approves T2OT project for high accuracy positioning of seagoing vessels
17:04 VARD secures advanced stern trawler contract with Luntos
16:50 Average wholesale prices for М-100 HFO down to RUB 14,328 in RF spot market
16:34 Zeebrugge port authority invests in new 1,071 meter quay wall
16:04 RINA to classify Swedish Maritime Administration fleet
15:53 Marinet set to establish exports support center in Finland in 2020
15:34 MacGregor secures orders worth more than EUR 20 million for projects in Europe and Asia
15:05 Wärtsilä foresees a lower result for 2019
14:31 North Pole ice-resistant platform presented by Admiralteiskie Verfi at NEVA 2019
14:09 ABS announces LNG Cargo Ready notation for ethane carriers at Gastech 2019
13:46 Hyundai Heavy Industries receives AIP for new LPG carrier design
13:03 Bunker prices go up at the Far East ports of Russia (graph)
12:40 ABS and AEC сollaborate on newbuild VLEC fleet
12:17 Murmansk Sea Fishing Port handled 171,200 tonnes of cargo in 8M’2019, down 28.5% Y-o-Y
11:58 PortNews-TV offers video on naming ceremony for PortNews tanker
11:36 International symposium on Anthropogenic Underwater Noise held in Hamburg on 10 September
11:09 LR awards DSME AiP for 98,000 m3 VLEC design with High MnA steel tank
10:42 Ships of RF Navy’s Caspian flotilla take part in Tsentr 2019 maneuvers
10:09 Singapore and Panama ink MoU to strengthen maritime relations