Sovcomflot’s LNG-fuelled Aframax crude oil tanker Korolev Prospect has started a transit through the Northern Sea Route (NSR).Korolev Prospect will become the first such large-capacity crude oil tanker to travel the entire length of the Northern Sea Route using only cleaner-burning LNG fuel.The tanker is delivering a cargo of crude oil from the port of Murmansk to China.
PAO Sovcomflot (SCF Group), which serves the energy shipping and offshore services to the oil and gas industries, reported in the first half of 2019 revenues rose 16.6% ($828m vs. $710.1m), TCE revenue rose 19.1% ($609m vs. $511.3m) and EBITDA rose 42.4% ($381.2m vs. $267.7m) as compared to the first half of 2018.
Russian state-controlled shipowner Sovcomflot (SCF) has named the 174,000m³ SCF La Perouse - the first of three LNG tankers on order with South Korean shipbuilder Hyundai Heavy Industries (HHI).The LNG carrier named after Jean-François de la Pérouse, a French explorer of the Pacific.The vessel will operate under a long-term time charter agreement with Total.
An tanker picked up seven crew embers from a sinking fishing vessel in the Gulf of Finland.While en-route from the Port of Ust-Luga to Copenhagen on February 6, the tanker SСF Angara received a distress signal from the Russian fishing trawler Pongoma, which was sinking on the traverse of Tallinn, 26 nautical miles offshore, SCF Group said on Monday.
Australia-listed Global Energy Ventures (GEV) has extended a letter of intent (LOI) with Yantai CIMC Raffles Offshore to build the CNG Optimum 200 ships.The extension is for six months through to 30 June 2020. The LOI is based on a firm order for four 200 MM scf Compressed Natural Gas (CNG) ships with the option for GEV to order up to an additional four ships.
It is 70 years since the launch of the first radar under the Decca brand and today’s Sperry Marine is marking the anniversary by looking to a future that would have been hard to imagine in 1949 – or even as little as 10 years ago.Yet the changes of the last decade will be eclipsed by the transformation in the decades to come
Red Funnel's Redjet 7 will serve as a bench test for an innovative vessel docking project between a maritime data company and university student game developers.Efficient vessel docking which melds traditional maritime know-how and cutting edge gaming tech is the focus of a project between Azurtane, a Southampton maritime energy efficiency firm
Norwegian shipowner Ocean Yield ASA has agreed to acquire Navigator Aurora, a 37,300 cbm ethylene gas carrier owned by Navigator Gas.According to agreement, the ship will be purchased for a total consideration of USD 69.75 million net of a seller’s credit, with a 13-year bareboat charter to a company 100% owned and guaranteed by Navigator Holdings - Navigator Gas.
New work to overhaul engines on an offshore support vessel (OSV) operated by United Offshore Support (UOS), has been completed by Royston.Engineers undertook the 30,000 running hour service on the main propulsion engines onboard the GH Challenger, as part of an extensive refurbishment and maintenance program of critical power plants.
Russian maritime shipping company specializing in petroleum and LNG shipping Sovcomflot (SCF Group) and NYK Line have announced that they have signed a new $176 million non-recourse credit facility for eight years with three leading international banks.The banks are: Sumitomo Mitsui Banking Corp.
Korolev Prospect, Sovcomflot's LNG-fueled Aframax crude oil tanker, completed a commercial voyage along the Northern Sea Route (NSR).The Russian maritime shipping company specializing in petroleum and LNG shipping said in a press release that for the first time in the history of shipping, a large-capacity oil tanker has crossed the full length of the NSR using only cleaner-burning LNG fuel.
Russian maritime shipping company PAO Sovcomflot approved transactions with Zvezda Shipbuilding Complex (Primorsky Region) and a subsidiary of JSC VEB Leasing to place orders for the construction of three new-generation MR product carriers using LNG as their main fuel.The vessels will be chartered to a subsidiary of PJSC NOVATEK under twenty year time-charter agreements