Search results for: Sovcomflot

684 results

A list of search results

  • 16 November 2020
    Infrastructure, Vessels

    Joint venture companies belonging to Sovcomflot, NYK Line and Samudera, have secured a $155 million loan to finance an LNG carrier pair.

  • 29 September 2020
    Vessels

    Marine seismic player Polarcus has taken delivery of geophysical exploration vessel Ivan Gubkin. Ivan Gubkin (previously Polarcus Amani) has been on charter to Russian shipping company Sovcomflot since 2017. In light of the extension to the Vyacheslav Tikhonov charter, the companies agreed that Sovcomflot may redeliver the vessel Ivan Grubkin after 21 September 2020. Sovcomflot […]

  • 11 September 2020
    Business developments & projects, Exploration & Production, Vessels

    Seismic player Polarcus and Russian shipping company Sovcomflot have once again agreed new terms for the vessel Vyacheslav Tikhonov. Specifically, Sovcomflot has exercised options to extend the firm period of the charter for 3 years. The new charter begins immediately after the project the vessel is currently on. Hire will be fixed at half the […]

  • 28 August 2020
    Business & Finance, Business developments & projects

    Russia’s largest shipping company Sovcomflot logged a 149 percent rise in first-half net profit on the back of a strong term contracts portfolio. Sovcomflot reported a net profit of $226.4 million in the January-June period, compared to $91 million a year ago. Revenue increased by 19.8 per cent year-on-year to $951.3 million. Sovcomflot’s chief executive […]

  • 24 June 2020
    Vessels

    Russian company, Sovcomflot, has withdrawn redelivery notice for Vyacheslav Tikhonov seismic vessel with Polarcus. In December of last year the companies agreed to postpone the redelivery of the vessel until the completion of work which Sovcomflot secured in Asia. The redelivery was expected in Q2 2020, but Sovcomflot decided to withdraw notice of redelivery in […]

  • 15 May 2020
    Business & Finance, Business developments & projects

    Russia’s largest shipping company Sovcomflot logged an almost 66 per cent rise in quarterly net profit on the back of a strong performance of its conventional fleet. Sovcomflot reported a net profit of $116.1 million in the first quarter this year compared to $70.1 million a year ago. Revenue increased by 20.1 per cent year-on-year […]

  • 13 March 2020
    Business & Finance

    Russian shipping major Sovcomflot (SCF Group) managed to return to profit in 2019 – the first year of implementation of the company’s new strategy. The company reported a net profit of USD 225.4 million in 2019, compared to a net loss of USD 45.6 million seen a year earlier. Revenues rose by 9.6 percent to […]

  • 13 March 2020

    Russia’s largest shipping company Sovcomflot swung to a profit in 2019, close to its historic highs. 

  • 12 February 2020

    Russian shipping company Sovcomflot named its newbuild liquefied natural gas carrier SCF La Perouse at the Hyundai Samho Heavy Industries’ shipyard in South Korea.

  • 14 January 2020

    Russian shipping giant Sovcomflot has decided to defer the redelivery of the Vyacheslav Tikhonov seismic vessel to Polarcus for the second time, which might not be the last time.

  • 17 December 2019

    Russian shipping giant Sovcomflot will not be returning the Vyacheslav Tikhonov seismic vessel to Polarcus as previously agreed.

  • 17 December 2019
    Project & Tenders

    Polarcus and Sovcomflot have agreed to postpone the scheduled redelivery of the Vyacheslav Tikhonov vessel. The redelivery of the vessel was postponed until January 15, 2020, while potential projects are pursued by SCF. The vessel will remain under the ‘charter back’ to a Polarcus subsidiary during this period on amended terms. Prior to the latest […]

  • 18 November 2019
    Business & Finance

    Sovcomflot closed Q3 2019 with a significant increase in net profit year over year.

  • 4 November 2019
    Project & Tenders, Vessels

    Russian shipping company Sovcomflot has signed a financing and time-charter agreements for the first icebreaking LNG carrier for Novatek’s Arctic LNG 2 project.

  • 22 October 2019
    Vessels

    Two LNG-powered large-capacity Sovcomflot tankers have successfully completed voyages eastbound along the Northern Sea Route (NSR).

  • 22 October 2019
    Business & Finance

    Lomonosov Prospect and Mendeleev Prospect crossed the full length of the NSR using only cleaner-burning fuel.

  • 8 October 2019

    Mikhail Lazarev is the seventh unit in the series.

  • 1 October 2019

    Russia’s Sovcomflot will redeliver the Vyacheslav Tikhonov vessel to seismic player Polarcus in November 2019.

  • 12 September 2019
    Vessels

    Russian shipping giant Sovcomflot and its Japanese partner NYK Line, through their respective units, have secured a $176 million loan to refinance two ice-class LNG carriers servicing the Sakhalin-2 project.

  • 12 September 2019
    Business & Finance

    The loan would refinance the LNG carriers Grand Aniva and Grand Elena, servicing the Sakhalin-2 project.

  • 4 September 2019

    Novatek, Russia’s natural gas producer and LNG major, has signed a heads of agreement on creating a joint venture with its compatriot shipper Sovcomflot.

  • 4 September 2019
    Business & Finance

    The joint venture will focus on Arctic ice-class LNG carriers. 

  • 3 September 2019
    Vessels

    Korolev Prospect, Sovcomflot’s LNG-fuelled Aframax crude oil tanker, completed a commercial voyage along the Northern Sea Route (NSR) on Monday. 

  • 2 September 2019

    Russia’s largest shipping company Sovcomflot swung to a profit during the first half of the year 2019 on the back of improved market conditions. 

  • 30 August 2019
    Business & Finance

    The company is cautiously optimistic about the results for the second half of the year and prospects for 2020.