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Sovcomflot Reports on Slippery 2013 Financial Slope
SCF Group (Sovcomflot) has released its audited financial results for the year ending 31, December 2013, indicating a slip in profitability during what they describe as another challenging year for the international tanker industry. Further implementation of programme of commercial voyages along the Northern Sea Route, involving ice-class tankers SCF Yenisei and Viktor Bakaev (first transit completed by the Group in an East-West direction) and the bulk carrier NS Yakutia.
Korea Shipyard to Build Icebreaking LNG Carrier
Daewoo Shipbuilding & Marine Engineering (DSME) has won the first battle in the war among the shipbuilders to obtain orders for vessels to participate in the Russian Arctic 'Yamal Project' by getting the world’s first order for an icebreaking LNG carrier, reports BusinessKorea. The South Korean shipbuilder informed BusinessKorea that it received the order worth US$367.4 million from Russia’s state-run shipper Sovcomflot, and will deliver the vessel by the end of June 2016.
Ship Glut Burdens LNG Tanker Market, Slashes Profits
Deliveries of new gas tankers have created a glut that is threatening to tip some operators into losses, just as other shipping markets emerge from their worst downturn in decades. The liquefied natural gas (LNG) tanker market was until recently the only bright spot in an otherwise depressed freight industry. A global surge in the demand for gas, led by Japan in 2011, boosted trade, tied vessels to longer routes and drove rental rates to record highs.
Sovcomflot Takes Delivery of Dual-Fuel Power
Sovcomflot, Russia’s largest shipping company, has taken delivery of its latest LNG carrier, the Velikiy Novgorod, from South Korea’s STX Offshore & Shipbuilding. The ship is equipped with a diesel-electric, dual-fuel propulsion system consisting of 2 × MAN 8L51/60DF and 2 × MAN 9L51/60DF engines, offering a total rated power of 34 MW, which were constructed at MAN Diesel & Turbo’s Augsburg plant in Germany.
Gas Carrier SCF Mitre Launched
The launching ceremony of the final ship in a series of four LNG carriers built at STX Offshore and Shipbuilding Co., Ltd. was held in South Korea on February 11, 2014.
Huge New Northern Sea Route LNG Carrier Named
The new Russian-flag liquefied natural gas (LNG ) carrier was named 'Velikiy Novgorod' at the STX O&S shipyard in the city of Jinhae (South Korea) and becomes the fifth in Gazprom's tanker fleet. Gazprom explain that the Velikiy Novgorod is a gas carrier with membrane cargo tanks and a cargo capacity of 170.2 thousand cubic meters. It has dual-fuel diesel-electric propulsion, which can be powered by LNG, fuel oil or gasoil.
Multi-National Consortium to Construct Russian Far East Shipyard
Russia's Rosneft, Gazprombank, Sovcomflot with Korean shipbuilding company Daewoo Shipbuilding & Marine Engineering Co. (DSME) have signed a Memorandum of Understanding…
Navis Joins Aker Arctic for Ice Class DP Design
Navis Engineering Oy and Aker Arctic Technology Inc. have signed a scientific and technical cooperation agreement covering the joint development of technology for…
Brazilian Shipbuilder Urges Russia to Strengthen Maritime Ties
AMEC Kromav, the Rio de Janeiro-headquartered specialist company for shipbuilding and offshore activities, has urged Russian industry to take full advantage of Brazil’s…
Russia Will Need 512 New Offshore Vessels Says President Putin
Development of offshore fields in the Arctic with the active use of the Northern Sea Route in Russia would require 512 new vessels by 2030, with a total cost of 6.5 trillion rubles, report Arctic-Info, citing an announcement by Russian President Vladimir Putin. The largest Russian companies Rosneft, Gazprom and Sovcomflot are forming a solid long-term portfolio and the President opined that the Russian…
Maritime Industry Gears up for St. Petersburg
The impact of the massive and continuing transformation of Russia’s maritime industries will be on show to the world when the all-encompassing NEVA 2013 exhibition…
Finnish Shipbuilding and Arctic Operations
The STX Turku Shipyard in Finland recently lost the order for a third Oasis class cruise ship and an option for a fourth to ”sister” shipyard STX France, when neither the owner, the financially troubled STX Group, nor the Finnish government wanted to inject a missing $64.3m to the capital of the shipyard. The yard is currently building two 97,000gt cruise ships for TUI Cruises. In January the shipyard delivered the world’s first LNG-fuelled big size passenger-car ferry…
Agreement Promotes LNG Carrier Construction
On June 21, 2013 under the auspices of the St. Petersburg International Economic Forum a number of agreements were signed between Gazprom Marketing & Trading (GM&T), Russian Maritime Register of Shipping (RS), JSC United Shipbuilding Corporation and ОАО Sovcomflot (SCF) to promote Russian content in LNG carriers construction projects. To ensure LNG shipping by sea from the Gazprom Group projects Vladivostok LNG and Sakhalin-2…
Arctic OSV Named at Arctech Yard
Arctic offshore vessel NB 507 has been named after Russian Navigator Aleksey Chirikov at Arctech Helsinki Shipyard. The vessel will be delivered to the largest Russian shipping company Sovcomflot shortly and will continue its path straight to Sakhalin area in Far East Russia, where it will supply the Arkutun-Dagi oil and gas field. Arctech has built two arctic offshore supply vessels for Russian company Sovcomflot…
Russia's Largest Shipping Company MLC-2006 Compliant
Novoship tankship 'NS Columbus' the first Sovcomflot Group vessel to receive an IMO 2006 Maritime Labour Convention certificate. The Aframax crude oil tanker NS Columbus underwent an inspection by the Maritime Authority and was declared to be in full compliance with the regulations of the convention. The document granted will be valid until 20 February, 2018. This certificate confirms that the company-operator follows best practices in the observance of sailors’ rights…
Hyde Guardian BWT for Russian Icebreaker
Calgon Carbon Corporation's wholly owned subsidiary, Hyde Marine, Inc., has announced that its Hyde Guardian Ballast Water Treatment System (BWTS) HG600 unit will…
Russian LNG Carrier Launched
Sovcomflot’s new state-of-the-art LNG carrier 'Velikiy Novgorod' launched from STX Offshore & Shipbuilding shipyard. The Velikiy Novgorod was ordered by OAO Sovcomflot for operations under a long-term agreement with Gazprom Global LNG (part of Gazprom) as the first of two vessels ordered by SCF from STX Offshore & Shipbuilding Co. Ltd and her construction is scheduled to be completed in December, 2013.
Navis Engineering Delivers DP System for Viking Grace
Finland-headquartered DP manufacturer Navis Engineering has delivered its dynamic positioning system for the innovative cruise ferry Viking Grace. The 214-m long Viking Grace, delivered to her owner Viking Lines by the Turku-located STX Europe shipyard on January 10, 2013, is said to be one of the most environmentally-friendly ships built. It is the first large scale passenger ferry to be powered by liquefied natural gas, which reduces emissions significantly.
Arctic Navigation Training Center Opened in Russia
OAO Sovcomflot opens its Saint-Petersburg captain & senior officer training & engineering centre (TEC) for Arctic offshore operations. The opening of the modern training centre in Russia’s maritime capital marks an important milestone in the implementation of the SCF development strategy which provides for an expansion of company participation in oil & gas projects in the Arctic and sub-Arctic. Sovcomflot vessels provide year-round support for large offshore energy projects…
Arctech Helsinki Shipyard Delivered Icebreaking Offshore Vessel
Arctic offshore vessel NB-506 Vitus Bering was delivered at Helsinki Shipyard on Friday 21.12.2012 to the client Sovcomflot, the largest shipping corporation in Russia. The vessel will supply the Arkutun-Dagi oil and gas field in Sakhalin area, in Far East Russia. Vitus Bering is the first vessel of the series, the sister vessel NB-507 will be delivered in April 2013. ”Delivering this vessel today is an important achievement for Arctech.
