PAO Sovcomflot: Q1 2019 Results

Capt. John

Sergey Frank President & CEO of Sovcomflot

PAO Sovcomflot: Q1 2019 Results

(three months to 31 March 2019)

Strong start to 2019 as conventional tanker markets improve

PAO Sovcomflot (SCF Group), a world leader in energy shipping and offshore services to the oil and gas industry, today reported its results for the first quarter (Q1) ended 31 March 2019.

Financial highlights for Q1 2019

USD millions

Q1 2019

         Q1 2018

%

Gross revenue

410.7

345.4

18.9

Time charter...

http://www.allaboutshipping.co.uk/2019/05/15/pao-sovcomflot-q1-2019-results/

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