Sovcomflot Reports Strong First Half 2014 Results
Sovcomflot (“SCF Group”), Russia’s largest shipping company and a global leader in seaborne energy transportation and offshore services, today announces its financial and operating results for the six months ended 30 June 2014. Highlights:• Gross revenue (Freight and Hire) up to USD 675.2 million in H1 2014 (H1 2013: USD 628.4 …
Sovcomflot concludes USD 160 million, 12 year export credit facility
Sovcomflot today announces that on 12 December 2012 it signed a USD 160 million, 12 year export credit facility with Finnvera plc, Finnish Export Credit Ltd. and ING BANK N.V. The funds will be used towards financing two new ice-breaking supply vessels, Vitus Bering and Aleksey Chirikov, currently under construction …
Sovcomflot executes USD 700 million 7-year loan
Sovcomflot (SCF Group) is pleased to announce that it has signed a new USD 700 million seven year credit facility with a consortium of eight leading international banks, including Bank of America Merrill Lynch, BNP Paribas S.A., Citibank, N.A., DVB Bank SE, ING Bank N.V., Nordea Bank Norge ASA and …
Sovcomflot Strengthens its Technical Management Operation and Announces New Appointments
Sovcomflot announces changes to the structure of its technical management operation and new appointments, as part of the company’s ongoing strategic development plans. Igor Tonkovidov, Executive Board member of OAO Sovcomflot and since 2009 the President of Novoship, is appointed Executive Vice President of OAO Sovcomflot and Technical Director of …
Naming ceremony for new tanker Nikolay Zuev takes place in South Korea
The naming ceremony for the new SCF tanker Nikolay Zuev took place in Busan (South Korea). The ship was built at Daewoo Shipbuilding and Marine Engineering under an agreement to build a series of tankers for the transportation of crude oil and petroleum products, signed in October 2010 between Sovcomflot …