• 2020 October 28 14:56

    SCF time charters three icebreaking LNG carriers to the Arctic LNG 2 project

    On 28 October 2020, SCF Group (SCF) and Arctic LNG 2, the operator of the Arctic LNG 2 project, concluded 30-year time charter agreements for three new icebreaking LNG carriers (cargo capacity of 172,410 cbm, ice class Arc7), SCF says in a press release. These vessels were ordered by SCF at Daewoo Shipbuilding & Marine Engineering (DSME, Republic of Korea) earlier in October 2020, following the tender held by the project’s operator.

    All three new vessels are scheduled for delivery in 2023. They will fly the Russian flag and have Russian crews.

    Igor Tonkovidov, President & CEO of SCF, commented: “Strengthening SCF’s position in LNG shipping segment is amongst the priorities of our current long-term development strategy, which is aimed at growing highly visible long-term, cyclically resistant and higher-margin infrastructure cash flows. The total contract backlog relating to these new time charter agreements, over the 30-year charter period, is estimated at USD 4.2 billion. This will increase SCF’s total contract backlog to approximately USD 24 billion. I want to use this opportunity to thank our partners at NOVATEK, as well as its subsidiaries operating the Yamal LNG and the Arctic LNG 2 projects, for their support in implementing LNG projects in the Russian Arctic, which are of significant importance for the Russian economy, and I am looking forward to the next stage of our close collaboration.”

    New LNG carriers are designed using SCF’s extensive experience of safely operating Christophe de Margerie, the world’s first icebreaking LNG carrier, which has been serving the Yamal LNG project since 2017. They will each feature a propulsion system comprising three Azipod units with a total capacity of 51 MW, which is comparable to that of 50 Let Pobedy, a nuclear-powered icebreaker (55 MW), and is almost 60 per cent higher than that of Lenin, the world’s first nuclear-powered icebreaker (32.4 MW). This propulsion system is expected to provide new vessels with increased speed and manoeuvrability when sailing in ice conditions, compared with icebreaking LNG carriers of the previous generation.

    The delivery of this new generation of icebreaking LNG carriers should contribute towards opening year-round navigation along the eastern sector of the Northern Sea Route.

    At present, SCF has 15 gas carriers in operation and a further 19 under construction.

    PAO Sovcomflot (SCF Group) is one of the world's leading energy shipping companies, specialising in the transportation of crude oil, petroleum products, and liquefied gas, as well as the servicing of offshore oil and gas production. As of 28 October 2020, the Group’s fleet comprises 146 vessels with a total deadweight of over 12.6 million tonnes, including vessels owned through joint ventures. More than 80 vessels have an ice class.

    SCF is involved in servicing large oil and gas projects in Russia and around the world: Sakhalin-1; Sakhalin-2; Varandey; Prirazlomnoye; Novy Port; Yamal LNG, and Tangguh (Indonesia). The Group is headquartered in St. Petersburg, with offices in Moscow, Novorossiysk, Murmansk, Vladivostok, Yuzhno-Sakhalinsk, London, Limassol, and Dubai.

    Earlier in 2019-2020, another 15 icebreaking LNG carriers for the Arctic LNG 2 project were ordered from Zvezda Shipbuilding Complex (Russia). SCF Group will own the lead vessel of this series, with the remaining 14 being owned by SMART LNG, a joint venture between SCF Group and NOVATEK. These 15 vessels are scheduled for delivery in 2023-2025 and are time chartered to the project’s operator.

    Arctic LNG 2 stakeholders are: NOVATEK (Russia); Total (France); CNPC (China); CNOOC (China), and Japan Arctic LNG, a consortium of Mitsui and JOGMEC (Japan).




2021 April 22

13:12 MPA and SMF step up efforts for maritime workforce transformation
12:34 Rosmorport tests e-Navigation system in the seaport of Sabetta
12:30 DNV awards first merchant vessel SILENT-E notation
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10:20 FESCO refinanced its obligations to VTB
09:33 Oil prices decrease as COVID-19 cases grow in India and Japan
09:11 Baltic Dry Index as of April 21
06:57 The first batch of the next generation of electric boats arrives in New York

2021 April 21

18:44 Russian President suggests providing federal infrastructure loans
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18:05 Port of Dampier sets sail with 10-year roadmap
17:35 Port of Amsterdam postpones the implementation date of the Green Award requirement for river cruise ships for a year
17:33 First Candela C-7 hydrofoil delivered to customers on the US East coast
17:15 Maersk launches rail service between Gurugram and APM Terminals Pipavav Port
16:35 Wärtsilä seeks breakthrough in clean propulsion as part of Finnish consortium
16:15 BIMCO asks the IMO to improve the ballast water record book
15:14 Russian container transport giant RUSCON opens its office in the Netherlands
14:41 Shipping bodies call on world leaders to bring forward discussions on global market-based measures
14:18 Volvo Penta is now taking orders on its full Stage V marine engine range
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13:02 S&P affirmed DeloPorts rating at B+ based on the results of 2020 with stable outlook
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11:30 MPA inks collaborations with partners to advance decarbonisation efforts
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10:37 European first for UK firm pioneering technology to transform shipping industry
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09:51 Icebreaker assistance period ends at Passenger Port of St. Petersburg from April 21
09:30 Oil prices decrease amid returning COVID-19 risks
09:12 Baltic Dry Index as of April 20

2021 April 20

18:19 China's Sinopec successfully starts up two Dupont™ STRATCO® alkylation technology units
18:05 MINT Fund grant scheme to provide maritime technology start-ups in Singapore
17:25 MPA launches Singapore’s first Maritime Drone Estate
17:15 SEA-LNG warns against delay in addressing shipping decarbonisation
17:08 Launch of Singapore’s MDE as test bed for drone technologies
16:44 RF President signs law on long-term agreements for providing services involving nuclear-powered icebreakers
16:15 ONE launches Green Strategy Department
15:43 Solstad Offshore signs long-term contract for PSV in UK
15:20 ABS and Rainmaking to support Singapore’s decarbonization entrepreneurs
15:05 Icebreaker assistance period ends at the port of Vysotsk in the Leningrad Region
14:26 Budget allocations for construction of LNG terminal in Kamchatka Territory to exceed RUB 21 billion
14:02 Hiab to supply 37 loader cranes in Spain to maintain railway infrastructure
13:23 Alfa Laval starts testing methanol fuel cell systems for sustainable marine power supply
13:01 Bollinger Shipyards acquires Gulf Island Fabrication’s shipyard facilities
12:57 Icebreaker assistance period ends at Big Port St. Petersburg from April 21
12:30 Port of Helsinki cargo traffic up 3.6% in Q1 2021
12:11 Port of Antwerp expands its fleet with energy-efficient tugs
11:59 Investments at the Port of Gdynia – earlier than planned
11:18 Crowley completes first U.S. design for fully electric tug with autonomous technology
11:06 Admiralteiskie Verfi shipyard commences mooring trials of diesel-electric submarine named Magadan
10:35 Northern Dvina Basin Administration opens navigation season of 2021
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09:48 KN and AFRY sign agreement on long-term capacity allocation and pricing model study of Lithuanian LNG terminal
09:29 Oil prices rise on OPEC+ expectations
09:12 Baltic Dry Index as of April 19

2021 April 19

18:47 550 industry leaders discussed navigating maritime industry transformation through collaboration
18:30 Offshore International joins forces with Mammoet to deliver turnkey logistical solutions
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