In an unprecedented move targeting Russia’s energy sector the U.S. Department of the Treasury announced sanctions against more than 180 vessels, dozens of oil traders, oilfield service providers and insurance companies.
Sovcomflot
Western Sanctions Hit Earnings of Russia’s Tanker Giant Sovcomflot
Nov 15 (Reuters) – Russia’s leading tanker group Sovcomflot said on Friday that Western sanctions on Russian oil tankers were limiting its financial performance, as it reported falling revenues and core earnings. The United…
https://gcaptain.com/western-sanctions-hit-earnings-of-russias-tanker-giant-sovcomflot/
Russia’s Sovcomflot Says G7 Sanctions Make Oil Trade Less Safe
By Bloomberg News (Bloomberg) — Russia’s state-run oil tanker company Sovcomflot PJSC said that western sanctions on ships moving the nation’s petroleum oil are only serving to heighten environmental risks by…
https://gcaptain.com/russias-sovcomflot-says-g7-sanctions-make-oil-trade-less-safe/
Russia Loads Fourth Sanctioned Sovcomflot Tanker in Snub to West
(Bloomberg) — Russia loaded a fourth sanctioned tanker owned by state-run Sovcomflot PJSC, testing the resolve of Group of Seven nations who’re attempting to clamp down on the fleet of…
https://gcaptain.com/russia-loads-fourth-sanctioned-sovcomflot-tanker-in-snub-to-west/
Sovcomflot tanker NS Africa rescues 19 seafarers in the Gulf of Aden
Russia’s largest shipping company Sovcomflot reports that on June 23 at 13:12 local time, its tanker NS Africa, sailing in the Gulf of Aden 96 nautical miles southeast of the port of Nishtun (eastern coast of Yemen), received a signal from a tanker in distress.
UKMTO WARNING
INCIDENT 090-INCIDENT UPDATE 001https://t.co/auxAKdReZU#MaritimeSecurity #MarSec pic.twitter.com/FkbtqOUWnr
— United Kingdom Maritime Trade Operations (UKMTO) (@UK_MTO) June 23, 2024
Sovcomflot identifies that ship as...
Russia’s Sovcomflot Says Western Sanctions Are Undermining Safety at Sea
LONDON, June 25 (Reuters) – Sanctions on shipping companies are undermining safety at sea and pose dangers for trade as ship standards are impacted, the chief executive of sanctioned Russian shipping group Sovcomflot said. The European Union imposed…
https://gcaptain.com/russias-sovcomflot-says-western-sanctions-are-undermining-safety-at-sea/
Russian Tanker Group Sovcomflot Expects Sanctions to Cut 2024 Revenues
ST PETERSBURG, June 7 (Reuters) – Russia’s leading tanker group Sovcomflot FLOT.MM said western sanctions and changing market conditions may cut its revenues this year, a rare admission from a major Russian business of the…
https://gcaptain.com/russian-tanker-group-sovcomflot-expects-sanctions-to-cut-2024-revenues/
India Receives Oil Cargo in Russian SCF Tanker After Brief Halt
NEW DELHI/MOSCOW/ LONDON, April 26 (Reuters) – A ship controlled by U.S.-sanctioned Russian shipping giant Sovcomflot (SCF) discharged fuel oil at a western Indian port on Friday, two sources familiar…
https://gcaptain.com/india-receives-oil-cargo-in-russian-scf-tanker-after-brief-halt/
US Sanctions Cover 8% of Tankers Shipping Russian Oil
MOSCOW, April 16 (Reuters) – U.S. sanctions are limiting tanker activity for Russia’s top shipping group, Sovcomflot, the company’s head said on Tuesday, as Washington tightens the screws on Moscow. The U.S. imposed sanctions on Sovcomflot…
https://gcaptain.com/us-sanctions-cover-8-of-tankers-shipping-russian-oil/
COLUMN | Perenco’s shame and Gabon’s lax standards: a fatal combination [Offshore Accounts]
In an industry is awash with cash and record profits, it is tragic to see five people confirmed dead in an accident on a Perenco platform offshore Gabon, and one other worker still missing, presumed also killed, as per the most recent update. Last Wednesday, there was a fire on the Becuna platform...