Russian Gov’t names candidates for the Board of Sovcomflot

The Russian Government has named the candidates for the Boards of Directors and Audit Commissions of five joint stock companies including PAO Sovcomflot. The Government Order dated April 22, 2016 (No 755-r) has been published at the official website of the RF Government. 

The list of candidates has been prepared by Rosimushchestvo (Federal Agency for State Property Management), the only shareholder of Sovcomflot. 

The following current members of the Board can retain their positions: President & CEO of Sovcomflot Sergey Frank, Chairman of Sovcomflot Board of Directors Ilya Klebanov, Sovcomflot Board member David Moorhouse, Management Board Member, First Deputy Chairman of State Corporation “Vnesheconombank” Mikhail Poluboyarinov, General director OJSC "SEVERNEFTEGAZ" Ivan Glumov, President of the Russian Chamber of Shipping Alexey Klyavin, Partner of CHAMMAH and PARTNERS, LLC Walid Chammah and Dean of Moscow School of Management SKOLKOVO Andrey Sharonov. 

Anna Belova, Professor of the National Research University Higher School of Economics, may be replaced with Pavel Kladochnikov, Pro-rector for Research of Russian Foreign Trade Academy under RF Ministry of Economic Development. 

The Russian Federation owns 100% of shares in Sovcomflot.

SCF Group (PAO Sovcomflot) is Russia’s largest shipping company and a world leader in the maritime transportation of hydrocarbons as well as the servicing and support of offshore oil & gas production. The company’s fleet numbers 144 vessels with a combined deadweight of 12.48 million tonnes. SCF Group specialises in the shipping of crude oil, liquefied gas and a wide range of oil products. The Group’s vessels perform complex towing operations and geophysical survey work at offshore oil & gas fields. Sovcomflot supports large-scale offshore energy projects in Russia and overseas, including: Sakhalin-I, Sakhalin-II, Varandey, Tangguh, Peregrino, Prirazlomnoye, Noviy Port, Yamal LNG and others. SCF Group employs over 9,300 personnel both on land and at sea. The company is registered in Saint-Petersburg and has representative offices in Moscow, Novorossiysk, Murmansk, Vladivostok, Yuzhno-Sakhalinsk, London, Limassol, Madrid, Singapore and Dubai.