Shearwater Geo Acquires Six Polarcus Vessels
Six of the seven seismic acquisition ships previously operated by Polarcus have been acquired by Bergen, Norway, headquartered Shearwater GeoServices Holding. Polarcus went into liquidation after its lenders took possession of the vessels. Its other ship, the Vyacheslav Tikhonov, which is on bareboat charter to a unit of Sovcomflot, was …
Arctic LNG 2 Ice-Class Tanker Fleet Formation Completed
Arctic LNG 2 entered into long-term charter agreements on six Arc7 ice-class LNG tankers with PAO Sovcomflot and Mitsui O.S.K. Lines, Ltd., with the construction of the Arc7 ice-class LNG tankers to be built at Daewoo Shipbuilding & Marine Engineering (“DSME”). The Project has successfully completed chartering of the required …
NOVATEK Creates Shipping Joint Venture with Sovcomflot
Today, during the Eastern Economic Forum in Vladivostok, PAO NOVATEK and PAO Sovcomflot, signed the Heads of Agreement on creating a joint venture. According to the Agreement, the Parties intend to create a shipping company, with the potential involvement of other joint venture participants. The joint venture will focus on …
Arctech: Lays Keel for Sovcomflot’s New Icebreaking Offshore Vessel
Building the hull of the icebreaking multipurpose supply vessel for Sovcomflot, Russia’s largest shipping company, started today at the Arctech Helsinki shipyard with a festive keel laying. The vessel is the first of four icebreaking sister ships Sovcomflot has ordered. The vessel’s first block, which was placed in the building …
Arctech: Starts Production of the New Icebreaking Multipurpose Supply Vessel
The production of the icebreaking multipurpose supply vessel for Sovcomflot was started with steel cutting on 26 November 2014. The ceremony took place at Vyborg Shipyard, where the blocks of the vessel are produced. The production start was attended by representatives from Sovcomflot, United Shipbuilding Corporation, Russian Maritime Register of …
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 …
Gazprom Neft Commences First Sea Transportation from the Novy Port Field
Gazprom Neft has made a summer shipment of oil from the Novy Port oil field, with crude oil being delivered to European consumers by sea for the first time. This new type of crude, known as Novy Port, has all the characteristics of light crude, while its low sulphur content …
Arctech Receives an Order of Three Icebreaking Stand-by Vessels from Sovcomflot
Arctech Helsinki Shipyard signed a contract for building of three icebreaking stand-by vessels for Russia´s largest shipping company Sovcomflot. Vessels will be built for the North East Sakhalin Offshore region oil and gas field where they will serve the operator of Sakhalin-2, Sakhalin Energy Investment Company Ltd. (SEIC). The contract …
Sakhalin Energy Extends Cooperation With Sovcomflot
Companies signed contracts for long-term operation of three vessels for the Sakhalin-2 project. Sakhalin Energy and Sovcomflot have signed contracts for the construction and long-term operation of three multifunctional icebreaking standby vessels to serve the Sakhalin-2 offshore energy platforms. Operations under the contract will continue for 20 years. The vessels …
CGG and Sovcomflot Announce Arctic 3D Seismic Joint Venture – Arctic Geophysical Exploration
CGG, world leader in Geoscience, and Sovcomflot, Russia’s largest energy shipping company,announced today that they have signed an agreement to form a joint venture company dedicated to conducting high-end 3D marine seismic acquisition services with a focus on Arctic and sub-Arctic waters. The joint venture,to be called Arctic Geophysical Exploration (AGE),will …