By Timothy Gardner and Daphne Psaledakis WASHINGTON, Feb 23 (Reuters) – The U.S. has imposed sanctions on Russia’s leading tanker group Sovcomflot Washington seeks to reduce Russia’s revenues from oil sales it can use to…
https://gcaptain.com/us-imposes-sanctions-on-russias-leading-tanker-company-sovcomflot/
The largest shipping firm in Russia, Sovcomflot, has sold off at least 20 tankers to avoid defaults and pay off creditors. About it on May 23, reports the Financial Times.
It has been observed that the firm has sold one-sixth of its fleet. Debt defaults coupled with negative loans on their balance sheets may severely impact Sovcomflot’s reputation among creditors and oil majors, including Total and Shell, which lease its vessels.
Simultaneously, the person who bought four LNG tankers that were...
May 6 (Reuters) – Russia’s leading shipping company Sovcomflot plans to sell part of its fleet, it said on Friday, as it grapples with Western sanctions and seeks to repay outstanding loans. Sovcomflot has faced…
https://gcaptain.com/russias-sovcomflot-plans-to-sell-part-of-its-fleet-as-sanctions-bite/
By Jonathan Saul LONDON, March 24 (Reuters) – Russia’s top shipping company Sovcomflot (SCF), already struggling to find berths to discharge cargoes, is facing fresh pressure after the UK on Thursday joined countries that…
Last week (here) we looked at the impact of the horrific Russian invasion of Ukraine. Brent crude closed on Friday at US$118 per barrel. Russian artillery and missiles po ..
By Marianna Parraga and Laura Sanicola HOUSTON, March 3 (Reuters) – Two oil tankers owned and managed by Russia’s largest maritime and freight shipping company, Sovcomflot, which was blacklisted by the United States last week…
https://gcaptain.com/russian-oil-tankers-rerouting-from-canadian-destinations/
Russia’s largest shipping company Sovcomflot (SCF) has presented the technology of its LNG-powered tankers of the ‘Green Funnel’ series to the International Maritime Organization (IMO). The post…
https://www.offshore-energy.biz/sovcomflot-presents-green-funnel-lng-vessels-to-imo/
Nippon Yusen Kabushiki Kaisha (NYK) has entered into long-term time-charter contracts for four newly built LNG carriers with Novatek Gas and Power Asia, a wholly owned su ..
Russia’s Zvezda Shipbuilding Complex has laid the keel of a new icebreaking LNG carrier ordered by local shipowner SCF Group. The vessel will be the first in a plan ..
Russian tanker owner SCF Group has received confirmation from TotalEnergies for an option for […] The post SCF Group, TotalEnergies fix charter for two more LNG carrier newbuilds appeared…