Shtokman and SCF ink cooperation agreement
Shtokman Development AG and Sovcomflot (SCF Group) signed on September 20, 2011 a cooperation agreement, the group said Tuesday.
The agreement provides for mutual consultation and exchange of information on different issues, including the supply of the Shtokman project with the vessels of auxiliary fleet, the environmentally safe marine transportation and handling of liquid hydrocarbons and the operation of onshore supply bases.
St.Petersburg-headquartered Sovcomflot (SCF Group), the biggest shipping company in Russia, ranks the fifth top tanker company in the world. The Company specializes in global transportation of crude oil, petroleum products and other energy sources. The Group's fleet comprises 156 vessels of total deadweight of nearly 12 million tons, the average age of the tanker fleet is 6.6 years. SCF’s newbuildings program includes 15 vessels of total deadweight of about 1.73 million tons.