By Olga Popova and Gleb Stolyarov MOSCOW, Oct 7 (Reuters) – Sovcomflot’s shares fell below their offer price in their market debut in Moscow on Wednesday after the initial public...

MOSCOW, Sept 28 (Reuters) – Russia’s top shipping company Sovcomflot plans to sell a 15.5%-17% stake in new shares and raise around 42.25 billion roubles ($534 million) in an initial...

By Olga Popova, Gleb Stolyarov and Abhinav Ramnarayan MOSCOW, Sept 15 (Reuters) – Sovcomflot plans to raise at least $500 million in an initial public offering (IPO) on the Moscow...

A joint venture involving Russian firms SCF Group and NOVATEK has placed an order for 10 icebreaking LNG carriers to support the Arctic LNG 2 project along the Northern Sea...

Russian shipping company Sovcomflot has sent two more large-capacity, LNG-powered tankers through the Northern Sea Route. According to the company, the Aframax tankers Mendeleev Prospect and Lomonosov Prospect successfully completed...

By Gleb Stolyarov and Darya Korsunskaya MOSCOW, Sept 17 (Reuters) – Sergei Frank will step down as president and chief executive of Russian state-controlled shipping giant Sovcomflot after 15 years...

By Oksana Kobzeva MOSCOW, Jan 15 (Reuters) – Russian state-owned shipping company Sovcomflot said on Tuesday that uncertain conditions in the freight market are delaying its long-planned initial public offering...

By Leigh Thomas PARIS, Aug 29 (Reuters) – Russia still aims to go ahead this year with the sale of a stake in shipping company Sovcomflot, its economy minister said...

The ice-class LNG carrier Christophe de Margerie has entered the Arctic’s Kara Sea marking the official start of its maiden voyage through the Northern Sea Route as part of its...

MOSCOW, Aug 1 (Reuters) – Russia is in talks with Asian investors on the privatisation of state shipping company Sovcomflot, the RIA news agency cited Russian First Deputy Prime Minister...

By Gleb Stolyarov and Jack Stubbs MOSCOW, May 18 (Reuters) – Russia plans to sell part of state shipping firm Sovcomflot next month, hoping to draw in a wide range...

Russia’s largest shipping company SCF Group has selected Swiss-headquartered Winterthur Gas & Diesel (WinGD) to provide the duel-fuel engines for the first ever gas-powered Aframax tankers. Under a contract signed...

Russian shipping company Sovcomflot has teamed up with a unit of Royal Dutch Shell for the supply of liquefied natural gas (LNG) bunker fuel for the first Aframax crude oil...

Russian shipping company Sovcomflot (SCF) says its new arctic shuttle tankers have now transported one million tonnes of crude oil from the Yamal Peninsula to the port of Murmansk via...

By Katya Golubkova and Kira Zavyalova MOSCOW, Sept 30 (Reuters) – The privatisation of a 25 percent stake in Russian state shipping firm Sovcomflot may be equally split between existing...

Unlike the United States, Russia is making an focused effort to ensure their natural resources are being shipped aboard Russian-flagged and Russian-crewed ships. In 2014, 10 Sovcomflot Group ships were registered by...

OAO Sovcomflot (SCF Group) announced today the signing of a new USD $319 million, 10 year credit facility which the company says will be used to finance two new ice-class...

By Rob Almeida and Shubin Aleksey Andreyevich On 29 September, the Liberian-flagged Sovcomflot-owned tanker Krasnodar rescued six yachtsmen from a liferaft adrift 30 miles off the coast of Brazil. The...

Gazprom Neft announced today has made a summer shipment of oil from Novoportovskoye, its new crude oil terminal on the southeast coast of the Yamal Peninsula at the mouth of the...

Arctech Helsinki Shipyard announced today receipt of a USD $380 million newbuild contract from Sovcomflot for three icebreaking stand-by vessels. Sovcomflot’s intentions for this order were announced in July and...