- Sovcomflot is focusing on introducing “green technologies” for energy shipping as part of its strategy up to 2025.
- SCF Group has six LNG-fuelled crude oil tankers of Gagarin Prospect type in operation.
- Sovcomflot provides technical supervision for the construction of five LNG-fuelled tankers for Rosneft at Zvezda, and it is envisaged that Sovcomflot will provide technical management of these tankers following their delivery.
Russian shipping company Sovcomflot said its board of directors approved the order for three LNG-fueled MR product carriers at the Zvezda Shipbuilding Complex, reports LNG World News.
Transactions with Zvezda Shipbuilding Complex
The Board of Directors of crude oil, petroleum products, and liquefied gas maritime transportation firm Sovcomflot (SCF Group) approved transactions with Zvezda Shipbuilding Complex (Primorsky Region) and a subsidiary of JSC VEB Leasing to place orders for the construction of three new-generation MR product carriers using liquefied natural gas (LNG) as their main fuel.
Subsidiary of PJSC NOVATEK
The vessels will be chartered to a subsidiary of PJSC NOVATEK under 20 year time-charter agreements.
Sergey Frank, President and CEO of Sovcomflot, said that Sovcomflot’s PAO is grateful to the shareholder and partners PJSC NOVATEK and VEB.RF for supporting SCF’s environmental initiative.
The initiative provides for the gradual transfer of large-capacity tanker fleet to using more environmentally safe LNG fuel.
Green Technologies
He added that the introduction of “green technologies” for energy shipping is one of the priorities provided for by the development strategy of company for the period up to 2025.
Aframax-class tankers
The company already successfully operates a series of the world’s first Aframax-class tankers to use LNG fuel.
Five more of SCF’s “green series” vessels will be built at Zvezda Shipbuilding Complex and put into operation from 2022 to 2023.
World’s first carriers with LNG fuel
Igor Tonkovidov, Executive Vice President and CTO/COO of Sovcomflot, said that in 2022, the company will accept the world’s first product carriers operating on with LNG fuel.
LNG-fuelled large-capacity vessels
The localisation of new civil shipbuilding technologies envisage the manufacturing of advanced marine equipment in Russia, the operation of which will help reduce the environmental footprint of humanity.
The serial construction of new-generation LNG-fuelled large-capacity vessels at the facilities of Zvezda Shipbuilding Complex will contribute to strengthening the leadership and increasing the competitiveness of Russian shipping companies in the world market, said Igor.
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Source: Manifold Times
