SCF charters deal
July 9 (LNGJ) - Sovcomflot, the Russian shipping line with 31 gas carriers in operation or on order and an overall fleet of 145 vessels, has received confirmation from France’s TotalEnergies of the exercise of its option for two further next-generation 174,000 cubic metres capacity LNG carriers. “The vessels will be chartered for a period of up to seven years, operating within the TotalEnergies global LNG portfolio under the technical management of Sovcomflot,” said SCF.
“The option was exercised under a contract between TotalEnergies and Sovcomflot signed earlier in 2021 for one sister vessel for delivery in the third quarter of 2023,” added SCF. The two chartered carriers have twin slow-speed X-DF engines, a hull-air lubrication system. They also have two shaft generators with electronic frequency converters and will provide significant fuel savings with the re-liquefaction system minimising Gas Combustion Unit usage.
Russian fleet owner Sovcomflot expands LNG time-charter base as well as net profits and revenues
Sovcomflot, the Russian shipping line with 31 gas carriers in operation or on order and an overall fleet of 145 vessels, posted a more than 18 percent jump in annual net profits as revenues also increased.
Russian shipping line boosts revenues as LNG activities to expand with second Arctic project
Sovcomflot, the Russian shipping line with 16 LNG carriers and an overall fleet of 147 vessels, said its revenues rose by 5.7 percent in the third quarter amid expectations more newbuilds will be ordered to deliver cargoes from the second Arctic LNG export plant proposed by Novatek and its international partners.
Sovcomflot posts rise in revenues as LNG base expands after 10 years of Japan shipments
Sovcomflot, the Russian shipping line with 14 LNG carriers and two others on order, has reported a rise in first-quarter time-charter revenues and turned a profit as it also introduced LNG-powered vessels to its tanker fleet.
Sovcomflot gets finance to take total LNG fleet to 16 with two newbuilds chartered to Shell
Sovcomflot, the Russian shipping line, has organized financing for two new liquefied natural gas carriers to increase its LNG fleet to 16 vessels as Russia expands its presence in the sector with more projects.
Russian shipping line Sovcomflot posts solid earnings as LNG and other sectors improve
Sovcomflot Group, the Russian shipping line with 12 liquefied natural gas carriers in its fleet, narrowed its annual net losses as charter rates improved for LNG and energy trading sectors amid continuing difficult conditions during mid-2018.
