Press releases

• 24 September 2019

  Sergey Frank elected Chairman and Igor Tonkovidov appointed new CEO of Sovcomflot

  The Board of Directors of PAO Sovcomflot elected Sergey Frank as its new Chairman. Igor Tonkovidov was appointed as the Company’s new Chief Executive Officer. Both appointments are with immediate effect.

• 12 September 2019

  Sovcomflot pioneers financing incorporating Poseidon Principles for LNG vessels

  JV companies belonging to Sovcomflot and NYK Line have signed a credit facility with three leading international banks: Sumitomo Mitsui Banking Corporation; Société Générale, and Shinsei Bank. With this facility, SCF Group is pioneering the adoption of the Poseidon Principles – an environmental initiative that promotes a low carbon future for the global shipping industry.

• 05 September 2019

  Sovcomflot participates in the first working meeting of the Northern Sea Route Public Council

  In total, ten countries were represented at the meeting, including Japan, China, South Korea, UAE, Sweden, Denmark, Germany, France, and Norway

• 04 September 2019

  Sovcomflot and NOVATEK sign ‘SMART’ joint venture agreement

  The joint venture will ensure safe year-round maritime logistics of LNG from the Arctic LNG-2 and other current and prospective projects of Novatek

• 03 September 2019

  Sovcomflot’s crude oil tanker becomes the first to cross Northern Sea Route using LNG fuel

  The voyage from Cape Zhelaniya to Cape Dezhnev took 7 days and 6 hours to complete, during which the tanker Korolev Prospect covered a distance of 2,118 nautical miles
  

• 29 August 2019

  H1 2019 Results (six months to 30 June 2019)

  Significant turnaround in first half performance reflects success in the industrial projects and the improved market conditions

• 27 August 2019

  Large-capacity crude oil tanker to cross Northern Sea Route on LNG fuel for first time

  Korolev Prospect, Sovcomflot’s LNG-fuelled Aframax crude oil tanker, is transiting the Northern Sea Route while delivering a cargo of crude oil from Murmansk to China

• 09 August 2019

  Sovcomflot participates in Shanghai LNG Forum

  At the conference, Igor Tonkovidov presented the results from the first year of operating a pioneering series of LNG-fuelled Aframax crude oil tankers

• 24 July 2019

  PAO Sovcomflot Holds Board of Directors Meeting

  The first meeting of PAO Sovcomflot’s Board of Directors this year, incorporating new members, was held on 23 July 2019

• 09 July 2019

  Sergey Frank Awarded with first-class Stolypin Medal

  President & CEO of Sovcomflot was awarded “for merits in development of maritime transportation and long-term dedicated work.”