Sovcomflot posts 9M net profit of RUB 570.76 mln (down 1.8 times)
In January-October, 2013, net profit of Sovcomflot OJSC calculated under Russian Accounting Standards decreased 1.8 times, year-on-year, to 570.76 mln t. According to the company materials, the revenue dropped by 17.37% to RUB 1.4 bln.
Sovcomflot Group is Russia’s largest shipping company and one of the world’s leading shipping companies specializing in the maritime hydrocarbons transportation and supporting continental shelf exploration and oil & gas production. The SCF fleet includes 156 vessels with a combined deadweight of around 12 million tonnes. One third of them have a high ice class. The Group specialises in hydrocarbon transportation from regions with challenging ice conditions. Sovcomflot supports large-scale offshore energy projects in Russia and the rest of the world, including: Sakhalin-I, Sakhalin-II, Varandey, Prirazlomnoye, Tangguh, Escobar, and Peregrino.
The company is registered in Saint-Petersburg and has representative offices in Moscow, Novorossiysk, Murmansk, Vladivostok, London, Limassol, Madrid, Singapore and Dubai.