SCF’s fleet age to be reduced by 5 years, forecast says
The average age of Sovcomflot (SCF Group) is to be reduced by five years until 2013, the Ministry of Economic Development said.
According to the Ministry’s forecast of economic development of Russia for the period from 2012 to 2014, the giant shipping company will improve before 2013 by 20 percent its performance, cut emissions by 30 percent and reduce the cost of production (services) to 92.5% of the average industry figure.
Sovcomflot Group, the biggest shipping company in Russia, specializing in global energy transportation services for crude oil, petroleum products, hydrocarbons and other energy sources. Incorporated in 1988 as PLC, it is now one of the leading tanker operators in the world with the fleet consisting of 156 ships and the total deadweight of nearly 12 million tonnes (as of March 31, 2011). SCF sees itself as a flagship of the Russian energy shipping and upstream offshore industry, global industry leader as regards quality of service, safety and environmental standards. Company is headquartered in St.Petersburg (Russia) with offices in Moscow, Novorossiysk, Murmansk, Vladivostok, London, Limassol, Madrid, Singapore.