• 2019 May 30 10:47

    XVIII Annual Sovcomflot Group Business Partners Meeting held in Moscow

    On May 23–24 2019 XVIII Annual Sovcomflot Group Business Partners Meeting was held in Moscow, the company says in a press release. 

    The conference was attended by more than 200 guests representing major Russian and international oil and gas companies, Russian ministries and governmental agencies, investment and financial institutions, insurance and law firms, and expert organizations. 

    The speakers at the conference plenary session were Yevgeny Ditrich, Russia's Minister of Transport, Pavel Sorokin, Russia's Deputy Minister of Energy, Vyacheslav Ruksha, Deputy Director General, Director for the Northern Sea Route Directorate of Rosatom Group, Sergey Frank, President and CEO of Sovcomflot, Eduard Gudkov, Deputy Chairman of NOVATEK Management Board, among others. 

    Reports by the following industry experts were presented during the event: Jarand Rystad, General Director of Rystad Energy, Alexandre Duff, Head of Tanker Research at Howe Robinson Partners, Paul Taylor, Managing Director, Global Head of LNG Shipping and Offshore, Société Générale London, Jan Kvålsvold, Director of Marketing and Business Development of Det Norske Veritas, and others. 

    The plenary session was opened with an address by Igor Levitin, Aide to the President of the Russian Federation, which was read by President and CEO of Sovcomflot Sergey Frank: "At the core of long-term successful activity of the SCF Group on the open competitive market of overseas transportation has always been the ability to find responses to the challenges of the market and clients – major oil and gas companies, as well as the skill to forge mutually beneficial and efficient cooperation with our partners – leading enterprises, whose executives are attending today in this hall." 

    The welcome speech of Maxim Akimov, Deputy Chairman of the RF Government, was read by Russia's Minister of Transport Yevgeny Ditrikh. "Today the pride of place in the list of national priorities within the framework of integrated work on transport infrastructure advancement goes to the objective of increasing freight traffic in the Northern Sea Route water basin up to 80 million tonnes by 2025. Sovcomflot is one of the global leaders in the field of development and implementation of advanced technologies and innovations in the sea transportation industry. The maritime transport and logistic solutions of Sovcomflot have become the blueprint for the transport components of such major industrial projects as Yamal LNG and Novy Port." 

    The speech also emphasized the leadership of Sovcomflot in development of "green" technologies aimed at improving the environmental safety of shipping. "The company has not only realized a project to commission a series of the first world natural gas motor fuel (LNG) driven Aframax tankers, but also actively promotes the transfer of "green" technologies to Russia, and places orders to build a large-capacity fleet of the new generation at the Zvezda Shipbuilding Plant." In his speech, Yevgeny Ditrikh emphasized the great contribution of Sovcomflot in the support of professional maritime education and development of naval science.  

    The speech by Alexander Novak, Russia's Minister of Energy, was read by his deputy, Pavel Sorokin. "Starting from 2006, Sovcomflot has been a participant in all major oil and gas projects with a maritime component that are successfully in progress in the regions of severe climatic and ice conditions – the Russian Arctic, and the Far East, including such projects as Sakhalin-1, Sakhalin-2, Varandey, Prirazlomnoye, Novy Port, and Yamal LNG. During these years, within the frameworks of these projects Sovcomflot vessels have safely transported approximately 250 million tonnes of crude oil, which nearly corresponds to the RF annual export volume, and more than 77 million cubic meters of liquefied gas." The speech underlined that the unique experience of the fleet operation accumulated in severe ice conditions, and also with the use of advanced technologies and engineering solutions, allows PAO Sovcomflot to confidently maintain its position of absolute leader in the field of sea transportation under the icy conditions of Arctic and sub-Arctic waters. In his address, Pavel Sorokin emphasized the leadership of Sovcomflot in the sphere of transferring the fleet to the cleaner-burning LNG fuel, whose role in the global energy system is growing year by year. 

    In his speech, Sergey Frank, President and CEO of Sovcomflot, underlined that the company will continue increasing the fleet's share in provision of services for major oil and gas projects. "By 2025 the number of industrial vessels will constitute more than half the fleet, and the revenue from their operation – more than two thirds of the company's consolidated revenues." – said Sergey Frank. On behalf of the Sovcomflot Group he expressed gratitude to its clients and partners for the effective support of and participation in the implementation of the company's plans. 

    As part of the conference celebrations, an awards ceremony was held to give prizes to the company's employees and partners. Ibrahim Sharaf, President of Sharaf Group (UAE), was awarded the badge of honour "Traditions and Standards" of the Russian Chamber of Shipping for a major contribution to the development of mutually beneficial cooperation with Russian shipping companies. Igor Krasnokutskiy, Adviser to the Chief of Directorate of Insurance and Complaint Management of SCF Management Services (Cyprus), and John Salmon, Deputy Managing Director of Sovcomflot UK, were awarded corporate prizes of the Sovcomflot Group for long-term dedicated work and substantial contributions to the company's development. 

    Sovcomflot (SCF Group) is one of the world's leading energy 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 fleet includes 146 vessels with a total deadweight of over 12.7 million tonnes. Over 80 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 August 23

08:35 MABUX: Bunker Market this morning August, 23
08:07 World’s largest all-electric ferry completes its maiden trip

2019 August 22

18:04 Australian Maritime College and KONGSBERG eye potential for VR training with renewed support program
17:39 Nordic Engineering sponsors roundtable meeting “Import Substitution in Russian Shipbuilding: Ambition and Reality”
17:04 DOF Subsea issues Financial Report for 2nd quarter of 2019
16:47 Karelia proposed construction of deep-water freight and passenger port Kem’
16:25 Bunker prices go down at the Far East ports of Russia (graph)
16:04 Navios Acquisition reports results for H1 2019
15:53 PJSC TransContainer reports its Financial Results under IFRS for 6M'2019
15:12 ReCAAP ISC has released Guidance on Abduction of Crew in the Sulu-Celebes Seas and Waters off Eastern Sabah
15:04 Essar Ports expects to meet 60 MT target for FY20
14:31 Höegh LNG announces interim results for the quarter and half year ended 30 June 2019
14:14 Peel Ports takes important step towards being Brexit ready
13:56 Yamal LNG shipped twenty million tons
13:35 Arctic block of Far East Investment and Export Agency headed by Dmitry Fishkin
13:13 Sea Machines successfully deploys industry’s first autonomous spill-response vessel
12:28 Fire onboard MV Pyotr Tchaikovsky kills one in Saint-Petersburg
12:13 Frontera Offshore and DOF Subsea join forces for the Subsea Construction and IMR Mexican market
11:31 Kalmar to enhance STS crane capabilities at EUROGATE Tanger
11:21 HELCOM publishes report on noise sensitivity of animals in the Baltic Sea
10:59 HELCOM gets a new Executive Secretary
10:35 Caterpillar Eurasia and Admiral Makarov University agreed on establishing a brand new up-to-date training center
10:10 Steps towards new treaty to protect marine biodiversity
09:38 Brent Crude futures price is down 0.41% to $60.04, Light Sweet Crude – down 0.38% to $55.47
09:20 Hapag-Lloyd announces changes of North Europe Mediterranean Express Service
09:13 Baltic Dry Index is up to 2,061 points
08:44 MABUX: Bunker market this morning, Aug 22

2019 August 21

18:06 BBC Chartering appoints Ulrich Ulrichs as CEO
17:57 BPO joined World Ports Sustainability Program
17:36 Napier Port’s shares commence trading on the NZX
17:06 ZIM announces Q2 2019 results
16:41 Waterfront Shipping and Marinvest welcome second-generation low emission methanol-fuelled vessels
16:35 CMA CGM announces FAK rates from ISC to North Europe and the Mediterranean
16:32 Grady-White Boats honors MaineMax Pensacola as the worldwide sales leader
16:05 Hapag-Lloyd launches new South East Asia to Australia Services // SEA and S2A to start in October
15:42 Ferry in Estonia upgraded to battery-hybrid by Norwegian Electric System
15:21 Organisations release Joint Industry Guidance on the supply and use of 0.50%-sulphur marine fuel
14:55 Multipurpose small-draft salvage ship of MPSV12 project left for sea trials
14:30 BC Ferries releases first quarter results
14:04 DOF awarded two AHTS contracts to support drilling operations in New Zealand
13:27 Vladivostok offers second venue of “Import Substitution in Russian Shipbuilding: Ambition and Reality” roundtable
13:03 Workshop in Malaysia to help bring into operation the Regional Oil Spill Contingency Plan in South East Asia
12:46 Rosneft BOD recommended 1H’19 dividends at RUB 15.34 per share
12:25 Registration is underway for “Development of Icebreaking and Support Fleet” conference to be held as part of Neva-2019 exhibition
12:03 Ocean Yield extends option with Aker Energy for long-term charter of the FPSO Dhirubhai-1
11:41 Rosneft reports 9-pct increase of its 1H 2019 net income to RUB 325 bln
11:24 Vasily Boitsov appointed as USC Vice-President for Technological Development
11:02 Jan De Nul completes installation of all twenty foundations on the 120MW Formosa 1 Phase 2 wind farm in Taiwan
10:45 RF Ministry of Industry and Trade to prevent outflow of shipbuilding contracts from Russian shipyards
10:17 Scotline orders newbuild vessel from Royal Bodewes
10:16 Brazil readies its biofouling task force
09:51 Clean Arctic Alliance calls on Nordic Prime Ministers to support a ban on heavy fuel oil
09:47 Bunker market sees mixed price movements at the port of Saint-Petersburg, Russia (graph)
09:28 Brent Crude futures price is up 0.48% to $60.32, Light Sweet Crude – up 0.36% to $56.33
09:13 Baltic Dry Index is down to 2,059 points
09:00 MABUX: Bunker Market this morning August, 21

2019 August 20

18:40 ATON repair and maintenance shop to be built at navigation support post in Taganrog Bay
18:06 CMA CGM announces FAK rates from Asia to North Europe
17:29 Wallem-managed bulk carrier rescues Indonesian fishermen lost at sea for 10 days
17:06 MAN Energy Solutions and Samsung Heavy Industries sign a strategic cooperation agreement for the digitization of marine engines