• Home
  • News
  • Sovcomflot may pay RUB 6.186 billion in dividends
  • 2016 April 13 17:30

    Sovcomflot may pay RUB 6.186 billion in dividends

    At a meeting held in Moscow on 13 April 2016, the Board of Directors of PAO Sovcomflot reviewed the results of the company’s operations during 2015, the Company says. 

    The Board gave provisional approval to the company’s 2015 annual report and accounts. In accordance with the company’s established dividend policy, it was suggested that a total of RUB 6.186 billion be paid in dividends. 

    The Board noted that SCF Group’s operating and financial results were particularly strong in 2015, making the year amongst the best in the company’s history. Gross revenue increased by 7.6 per cent to USD 1.483 billion against USD 1.378 billion in 2014. Earnings before interest, tax and depreciation (EBITDA) were USD 742.6 million and increased by 38.0 per cent against USD 538.2 million in 2014. The Company’s net profit grew 4.2 times to USD 354.5 million in 2015 against USD 83.9 million the previous year. A balanced chartering policy helped Sovcomflot take full advantage of the major rebound in the world tanker markets in 2015. 

    Mr. Ilya Klebanov, Chairman of the Board of Directors, noted: “The Board of Directors states with satisfaction that Sovcomflot continues to consistently implement its development strategy. This is aimed at achieving growth by expanding the Group’s participation in the high-yield industrial segments of the market, which are closely related to the development of projects for offshore oil and gas production and maritime transportation of liquefied natural gas, for major oil & gas companies both in Russia and abroad. The target values of all key performance indicators (KPIs) set by the company’s Long-Term Innovative Development Programme for 2015 have been achieved, as confirmed by an independent audit conducted by KPMG. It is also important to note Sovcomflot’s continued work to develop mutually beneficial cooperation with Russian shipbuilding companies and support extensively both maritime education and maritime science in Russia.” 

    Mr David Moorhouse, a member of the Board of Directors, added: “An integral part of Sovcomflot’s strategy is goal-oriented implementation of innovative technologies. This enables it to expand the range and improve the quality of services provided to clients, improve the efficiency of maritime freight transportation and safety. Over the reporting period, the company increased the proportion of modern vessels in its fleet, with the addition of new tonnage designed to the best international standards of energy saving and environmental protection. It is safe to say that vessels that will join the SCF fleet in 2016 are amongst the most technologically advanced on the market, which will further strengthen SCF’s position as the technological leader in maritime transportation.” 

    SCF Group of companies (SCF) is one of the world's leading shipping companies, specialising in the transportation of crude oil, petroleum products, and liquefied gas. The Group’s fleet comprises 140 vessels with a total deadweight of over 12.2 million tonnes. The company is registered in St. Petersburg with offices in Moscow, Novorossiysk, Murmansk, Vladivostok, Yuzhno-Sakhalinsk, London, Limassol, and Dubai. 

    The Group offers a wide range of vessels in the market segments most demanded by major Russian oil and gas companies. With its own technical development and unique approach to advanced technologies, Sovcomflot has the ability to meet the most demanding customer requirements, providing effective transportation for oil & gas companies.




2021 October 15

18:27 Sea Machines uses biofuel to power tug Nellie Bly on long-haul autonomous journey
18:07 Dublin Port Company to open €48m Dublin Inland Port
17:53 Danfoss Editron powering the first fast crew supply vessel able to compete with helicopter transfers
17:33 Tsawwassen First Nation and the Vancouver Fraser Port Authority sign renewed Relationship Agreement
17:09 Sevmash completed manufacturing of sections for offshore ice-resistant fixed platform LSP "A"
16:40 Global Ports Holding positions Kalundborg as an alternative to Copenhagen
16:33 Duisburg Rail Terminal welcomed the one millionth unit since it started the operations in 2013
15:13 Klaveness Combination Carriers signs a Letter of Intent with Shipshave AS to implement its semi-autonomous hull cleaning solution across its fleet
14:31 Wärtsilä next generation navigation simulator to power the Centre of Excellence in Maritime Safety in Singapore
14:09 Coral Consortium working on a water drone to regularly monitor water quality in the basins of the Port of Gdańsk
13:53 Port of San Diego adopts most ambitious maritime clean air strategy of its kind in California
13:22 LNGnews.RU supports 5th LNG Fleet, LNG Bunkering and Alternatives conference as its Media Partner
13:02 A.P. Moller - Maersk enters strategic partnership with Danish Crown on global end-to-end logistics
12:36 GTT is selected by Hyundai Heavy Industries to equip the tanks of two new LNG-fueled container vessels with its membrane containment technology and smart shipping solutions
11:47 Russian-Chinese joint naval exercise is underway in the Sea of Japan
11:23 Transneft Kozmino Port starts construction of maintenance site for servicing mariculture site
10:08 MABUX: Bunker prices may continue slight upward changes on Oct.15
10:02 Port of Long Beach has second-busiest September
09:56 Port of Oakland’s Danny Wan heads statewide port group
09:51 Rosneft sells 5% in Vostok Oil to a consortium of Vitol and MME
09:32 Crude oil prices rise driven by demand growth
09:19 Baltic Dry Index as of October 14

2021 October 14

18:05 MOL, SoftBank and e5 Lab start joint studies for next-generation maritime high-speed satellite communications
17:54 Glavgosexpertiza approves construction of tank for light oil products at IPP terminal in Novorossiysk
17:35 Sembo secures $12m investment from Stena Line
17:15 Jan De Nul signs T&I contract for Gode Wind 3 & Borkum Riffgrund 3
16:52 Singapore Maritime Institute to support next phase of maritime R&D activities with funding and partnerships
16:15 ABS and Kongsberg Digital join forces to power maritime digitalization and decarbonization
15:58 Petersburg Oil Terminal handled 6.9 million tonnes of oil products in 9M’21, down 1% YoY
15:41 Topsoe puts demonstration plant into operation for production of sustainable Methanol from biogas
15:25 MABUX: Bunker Weekly Outlook, Week 41, 2021
15:24 Scandlines prepares sister ferry M/V Berlin for installation of Norsepower Rotor Sail
15:04 AET completes its first ever LNG bunkering in the US
14:53 Gazprom and Russian Government sign agreement of intent on hydrogen energy
14:31 Solstad Offshore, Aker Solutions and DeepOcean create offshore renewables alliance
14:11 Maersk invests in Vertoro to develop green lignin marine fuels
13:59 Joint Sea 2021 Russian-Chinese naval exercise starts in Sea of Japan
13:34 ABB to turbocharge first ME-GA engines as MAN ES opens new route to sustainable sailing for gas carriers
13:10 BC Ferries' sixth Island Class ferry departs Romania bound for B.C.
13:01 Sea Terminal “Tuloma” obtains permit for construction of dry bulk cargo terminal in Murmansk
12:32 New NIC-place Data Lake maximizes value of business logistics data using customized Big Data analytics
12:10 Valaris Drillship achieves ABS Enhanced Electrical System Notation in world first
11:41 Nor-Shipping expects ‘fundamental shift’ in industry focus post COP26
11:05 Maersk Tankers uses vessels’ “digital twin” to slash emissions
10:34 7th Annual East Africa Transport & Infrastructure conference to be held on 15-16 November 2021 in Ethiopia
10:12 BTP Terminal in Brazil goes live remotely with CyberLogitec’s OPUS Terminal
09:53 MABUX: Still no firm trend on Global bunker market on Oct.14
09:30 Crude oil prices rise driven by OPEC output forecast
09:15 Baltic Dry Index as of October 13

2021 October 13

18:17 Portsmouth International Port sets course for shore power
17:58 Makarov Training Centre advances in the international SIMREC project
17:35 LUKOIL BoD recommends interim dividend amount
17:16 TechnipFMC awarded substantial long-term contract by Petrobras
16:59 First Sakhalin-2 carbon neutral/offset LNG cargo delivered to Japan
16:57 Swire Group joins Mærsk Mc-Kinney Møller Center for Zero Carbon Shipping as strategic partner
16:17 Throughput of port Kavkaz in 9M’2021 fell by 14% Y-o-Y
15:46 Throughput of Murmansk Sea Fish Port in 9M’2021 rose by 11.4% YoY
15:23 Port of Troon welcomes the maiden call of the luxury cruise ship MS Island Sky
15:01 Throughput of port Riga (Latvia) in 9M’2021 dropped by 13.5%
14:23 Smart freight tracking system at the Port of Gothenburg goes live