LNG

Sept 13 (LNG) - Sovcomflot (SCF), the Russian shipping company and growing LNG fleet operator, posted a 20 percent drop in first-half net profit to $51 million amid "continued depression in the global tanker markets." In its LNG operations, SCF said a second-quarter highlight was the long-term time charter agreements concluded with Shell Trading and Shipping Co. for two 170,000 cubic metres capacity ice-class LNG carriers.