LNG

Sovcomflot, the Russian shipping line with 17 liquefied natural gas carriers with others on order and with an overall fleet of 146 vessels, posted increased first-quarter revenues and profits on higher freight rates.

Sovcomflot, the Russian shipping line with 16 liquefied natural gas carriers and an overall fleet of 147 vessels, returned to annual profit amid plans to expand its LNG carrier fleet and its number of LNG-powered tankers.