MarineLink News Search
Search term • Sovcomflot
Create an email alert for Sovcomflot
All at Sea: Russian-linked Oil Tanker Seeks a Port
A Russian-operated oil tanker that Britain turned away over a week ago has yet to find a port to discharge its cargo, and many other vessels are likely to be in…
Sovcomflot's Tankers Find Refuge in the Bahamas Amid Growing Sanctions
At least three tankers controlled by Russian maritime powerhouse Sovcomflot that have been unable to deliver their cargoes due to Western sanctions have re-routed to the Bahamas…
Sovcomflot Tanker Carrying US LNG Arrives in France
A Russian-owned tanker carrying U.S. liquefied natural gas (LNG) arrived on Monday at anchorage outside the French port of Nantes Saint-Nazaire, according to vessel…
Russian Owned Oil Tanker Diverting from Canada to Caribbean
An oil tanker owned and managed by Russia's largest maritime and freight shipping company, Sovcomflot, which was blacklisted by the United States last week as part of sanctions against Russia…
EU Nations Considering Banning Russian Ships from Ports
![(File photo: Sovcomflot)](https://images.marinelink.com/images/maritime/w200h200c/file-photo-sovcomflot-130112.jpg)
European Union countries are considering a ban on Russian ships entering the bloc's ports, aiming to tighten sea restrictions after a halt on air traffic, European officials say, a step that would further hamper Russia's commercial shipments.Britain already decided on Monday to deny entry to British ports to all ships that are Russian owned, operated, controlled, chartered, registered or flagged. Canada followed on Tuesday…
UK Orders Its Ports to Block All Russian-linked Ships
![© Jon Le-Bon / Adobe Stock](https://images.marinelink.com/images/maritime/w200h200c/jon-lebon-adobe-stock-130077.jpeg)
Britain on Monday ordered its ports to block any vessels that are Russian-flagged or believed to be registered, owned or controlled by any person connected with Russia as it ratcheted up the pressure on Moscow.Transport Secretary Grant Shapps said in a letter to all UK ports that further detailed sanctions against Russian shipping were being drawn up following Russia's invasion of Ukraine."The maritime…
Light Structures tapped for ice load monitoring on 10 new Arctic-bound LNG Carriers
![Samsung Heavy Industries chooses ATEX approved, fiber optic-based SENSFIB monitoring technology to help keep new Sovcomflot ice-class vessels safe. Image courtesy Light Structures](https://images.marinelink.com/images/maritime/w200h200c/samsung-heavy-industries-chooses-atex-127492.jpg)
Samsung Heavy Industries SHI selected Light Structures AS, a supplier of fiber optic condition monitoring systems for maritime applications, to deliver comprehensive ice load monitoring systems for 10 Arctic Liquid Natural Gas Carriers (ALNGC) operated by Russia´s largest shipping company, Sovcomflot.Click here for feature on Light Structures' as published in the November 2021 edition of Maritime Reporter…
SCF gets $110m Credit Facility to Finance Ice-Class Shuttle Tankers
PAO Sovcomflot (SCF Group) signed a $110 million credit facility, for 10 years, with ING BANK N.V., SMBC BANK EU AG and UNICREDIT BANK AG, to finance two new ice-class shuttle tankers.The ships…
Sovcomflot, Gazprom Neft Partner Up to Decarbonize Shipping
![Credit; Sovcomflot](https://images.marinelink.com/images/maritime/w200h200c/credit-sovcomflot-125658.jpg)
Russian shipping firm Sovcomflot and oil firm Gazprom Neft have signed an agreement to develop innovative technologies and use low-carbon fuels in maritime transport.The document was signed by Igor Tonkovidov, President and CEO of Sovcomflot, and Alexander Dyukov, Chairman of the Management Board, CEO, Gazprom Neft.The agreement defines that the two Russian companies will seek cooperation opportunities…
New Ship Repair Cluster Coming to Russia’s Far East
![Sergey Tseluyko, Managing Director of Zvezda (left), and Igor Tonkovidov, President and CEO of Sovcomflot (right), signing keel laying statement during the ceremony. (Photo: Zvezda)](https://images.marinelink.com/images/maritime/w200h200c/sergey-tseluyko-managing-director-of-125593.jpg)
A group of Russian maritime stakeholders have agreed to develop ship repair cluster in the country’s Far East.The trilateral agreement between PAO Sovcomflot, SMART LNG (a joint venture between PAO Sovcomflot and PAO NOVATEK) and Far Eastern Shipbuilding and Ship Repair Center (FESRC, a subsidiary of Rosneft) was signed by: Andrey Shishkin, CEO of FESRC and Vice-President for Energy, Localization and Innovation of Rosneft…
Sovcomflot Charters Two More LNG Carriers to TotalEnergies
![Igor Tonkovidov, CEO - Chairman of the Management Board, PJSC Sovcomflot (Photo: Sovcomflot)](https://images.marinelink.com/images/maritime/w200h200c/igor-tonkovidov-ceo-chairman-of-124275.jpg)
PAO Sovcomflot (SCF Group) has received confirmation from TotalEnergies of the exercise of its option for two further next-generation 174,000-cubic-meter-capacity liquefied natural gas (LNG) carriers.
Keel Laid for First Russian-built Arc7 LNG Carrier
![Pictured are, left, Vladimir Bastin, Deputy Director, SCF Engineering Centre, and right, Roman Tseyger, Deputy CEO – Chief Production Officer, Zvezda. (Photo: Zvezda)](https://images.marinelink.com/images/maritime/w200h200c/pictured-are-left-vladimir-bastin-123684.jpg)
Russian shipbuilder Zvezda Shipbuilding Complex on Tuesday held a keel laying ceremony for a new Arctic liquefied natural gas (LNG) carrier ordered by compatriot shipowner PAO Sovcomflot (SCF Group).The newbuild is the lead vessel in a series of 15 carriers ordered from Zvezda for servicing the Arctic LNG 2 project. She is the first-ever vessel of such dimensions, cargo capacity and icebreaking capabilities to be constructed at a Russian shipyard.The series' lead ship will be owned by SCF…
Two Sovcomflot Tankers Chartered to the Sakhalin-2 Project
![The agreements were signed at the 24th St. Petersburg International Economic Forum by Igor Tonkovidov, President and CEO of Sovcomflot, and Roman Dashkov, CEO of Sakhalin Energy, in the presence of Alexander Novak, Deputy Prime Minister of Russia, Pavel Sorokin, Russia’s Deputy Minister of Energy, and Alexey Miller, Chairman of the Management Committee of Gazprom. (Photo: PAO Sovcomflot)](https://images.marinelink.com/images/maritime/w200h200c/the-agreements-were-signed-at-123368.jpg)
On 4 June 2021, Sovcomflot (SCF Group) and Sakhalin Energy, the operator of the Sakhalin-2 project, signed long-term time-charter contracts for two existing liquefied natural gas (LNG)-fueled Aframax tankers. The vessels Korolev Prospect and Vernadsky Prospect, part of SCF’s ‘Green Funnel’ series, will be delivered to the charterer in 2024 and employed to shuttle crude oil for the Sakhalin-2 project for 10 years, with an extension option for up to three years.
Sovcomflot, Shell ‘Green Funnel’ Project Hits LNG Fueling Milestone
![The 150th operation was performed by Korolev Prospect, on time charter to Chevron, receiving 600 tonnes of marine LNG from Shell and delivered by Q-LNG 4000 outside Port Canaveral, Florida. Image courtesy Sovcomflot (SCF Group)](https://images.marinelink.com/images/maritime/w200h200c/the-150th-operation-was-performed-122943.jpg)
Sovcomflot (SCF Group) and Shell performed a landmark 150th marine LNG fuelling operation for SCF’s ‘Green Funnel’ Aframax tankers.Since operations began in 2018, SCF’s ‘Green Funnel’ Aframaxes have taken more than 62,000 tonnes of marine LNG fuel from Shell and all 150 operations were reportedly performed safely without incident, injury or loss of fuel.The 150th operation was performed by Korolev Prospect…
Sovcomflot Ready to Buy Back up to $400 Mln of Eurobond-2023
![(Photo: Sovcomflot)](https://images.marinelink.com/images/maritime/w200h200c/photo-sovcomflot-121853.jpg)
Russia's biggest shipping company Sovcomflot says, according to Interfax news agency:The company is ready to buy back up to $400 million of Eurobond-2023, to finance it via new issue;The offer price is $1,072.25 per paper of a nominal price of $1,000;Sovcomflot plans to issue 7-year Eurobond, will hold calls with investors starting from April 14, Interfax cites a source.(Reporting by Moscow Newsroom)
First-Ever: Sovcomflot’s Gagarin Prospect Tanker in LNG Bunkering Milestone in U.S.
![](https://images.marinelink.com/images/maritime/w200h200c/-121199.jpg)
Russian oil and gas shipping giant Sovcomflot said Friday it had on March 15, together with Shell, "broke new ground," with the completion of the "first-ever Aframax tanker fuelling using LNG in the USA."Sovcomflot’s Gagarin Prospect tanker, on long-term charter to Shell, was en-route from Corpus Christi to Europe. It received 1,075 cubic metres of marine LNG from the Shell NA LNG LLC chartered Q-LNG 4000 outside the Port of Canaveral, Florida.
Lenders to Sell Polarcus' Vessels. All Employees to Be Laid Off
![A Polarcus vessel - Credit: Alf van Beem - Wikimedia/CC0 1.0](https://images.marinelink.com/images/maritime/w200h200c/a-polarcus-vessel-credit-alf-119960.jpg)
Lenders of the troubled marine seismic contractor Polarcus, which last week took control of the company's vessels after a debt payment default, will sell Polarcus' vessels and all the employees will be let go.Banks last week tool control of Polarcus' subsidiaries that own seismic vessels, with the subsidiaries in question being Polarcus Asima AS, Polarcus Alima AS, Polarcus Amani AS, Polarcus Adira AS…
Wärtsilä to Supply 36 Engines for New Arctic Gas Carriers
![Six new 172,500 cbm LNG carrier vessels will be fitted with Wärtsilä 46DF dual-fuel engines, plus gas valve units and auxiliaries. (Image: Wärtsilä)](https://images.marinelink.com/images/maritime/w200h200c/six-new-172500-cbm-lng-119873.jpg)
Finnish technology group Wärtsilä announced Thursday it has secured a deal to supply dual-fuel engines for six new 172,500-cubic-meter capacity liquefied natural gas (LNG) carriers being built by South Korea's Daewoo Shipbuilding and Marine Engineering (DSME) to serve the Arctic LNG 2 project in Russia’s Arctic waters.The icebreaking gas carriers were ordered by Russia's Sovcomflot and Japan's Mitsui O.S.K.
Lenders Take Control of Polarcus' Ships After Default on Debt
![A Polarcus vessel - Credit: Alf van Beem - Wikimedia/CC0 1.0](https://images.marinelink.com/images/maritime/w200h200c/a-polarcus-vessel-credit-alf-119818.jpg)
Lenders took control of Polarcus' ships on Tuesday after the seismic surveyor defaulted on its bank loans and bonds, hit by a drop in spending by energy companies struggling with the COVID-19 pandemic and volatile oil prices.The company's Oslo-listed shares plunged as much as 47% after they resumed trading following an earlier suspension.Polarcus said lenders had taken over shares in subsidiaries that own seismic vessels and replaced directors in each subsidiary…
Seismic Surveyor Polarcus Sees Shares Nosedive as it Defaults on Debt Payment
![A Polarcus seismic vessel - Credit: Eburlid/Wikimedia - CC BY-SA 3.0](https://images.marinelink.com/images/maritime/w200h200c/a-polarcus-seismic-vessel-credit-119790.jpg)
Oslo-listed seismic surveyor Polarcus has defaulted on its bank loans and bonds, it said on Tuesday, sending the company's shares plunging more than 30%.Polarcus and other seismic surveyors have been hit by weak demand as oil companies slash spending on geological data amid the coronavirus pandemic and last year's crash in the price of crude."The company intends to pursue all available options with…