Sovcomflot posts profit drop as it marks French LNG industry ties to Russia and Yamal project

Tuesday, 28 March 2017

Sovcomflot, Russia’s largest shipping company with a growing LNG fleet and a new vessel marking French LNG industry ties to Russia, posted a more than 40 percent drop in annual net profit dropped to $206.8 million from $345.5M the previous year in the depressed spot and time charter markets. 

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