SCF Group Expands Fleet with SCF Progress Delivery (Russia)

January 26, 2012

SCF Group (Sovcomflot) saw its fleet expand further, on 18 January 2012, with the delivery and acceptance into operation of a new product tanker SCF Progress – the fifth and final ship delivered for a joint SCF / Glencore International AG project.

The project envisages the acquisition and commercial operation of five product tankers (Panamaxes LR1) for a joint venture between SCF Group and Glencore. The technical management of the vessels is being undertaken by Unicom Singapore, a Sovcomflot subsidiary. Following her delivery the tanker begins transporting energy in the South-East Asia region.

All tankers of this series are Panamax modern product carriers with double hulls (74,120 dwt; LOA 228 metres; Breadth moulded 32.2 metres). The ships are capable of transporting up to 12 different types of oil cargoes simultaneously. The improved technical specification of the tankers meets the international standards for safety of navigation and comply with the technical requirements of modern oil products terminals.

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 fleet includes 156 vessels with a total deadweight of 12 million tonnes. The company is registered in St. Petersburg, Russia with offices in Moscow, Novorossiysk, Murmansk, Vladivostok, London, Limassol, Madrid and Singapore.

The Group offers a wide range of vessels concentrated 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, thereby providing effective transportation for oil and gas companies.

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Shipbuilding Tribune Staff, January 26, 2012