Pursuing the policy of “de-ofshorization”, it is important not to ruin the economy of Russian shipping companies, such as Sovcomflot, a Russian government official said Friday at a meeting of Marine Board under the Russian Government in Moscow.
Deputy Minister of Economic Development of Russia Andrei Klepach told the Board it is not necessary to bring all ships under the Russian flag. What is more important is to increase the number of ships controlled by Russian companies, even if they fly under a foreign flag and to improve legal framework related to the transfer of ships under the Russia flag.