BUNKER INDEX :: Price Index, News and Directory Information for the Marine Fuel Industry



« News Home
:: Monthly Archive

News Topics
:: Air Pollution
:: Agreements & M&A's
:: Alternative Fuels
:: BunkerBlog
:: Cargoes & Storage
:: Company News
:: Efficiency, Costs & Charges
:: Environment
:: Events
:: Financial
:: Fuel Quality & Testing
:: Lubes & Additives
:: Oil Spills
:: People
:: Port News
:: Projects
:: Regulation, Legal
:: Services, Products,Technology
:: Statistics & Research
:: Vessels

Regional Archive
:: Americas
:: Asia/Oceania
:: Europe
:: M.East/Africa


BUNKER INDEX :: Price Index, News and Directory Information for the Marine Fuel Industry
Home » News





Sovcomflot CEO keen to see Russia improve port infrastructure for LNG bunkering

28 Sep 2017 10:37 GMT

Sergey Frank also eager for authorities to offer incentives to shipping firms adopting eco-friendly solutions.



The president and CEO of PAO Sovcomflot (SCF Group), Sergey Frank, says he is hopeful that Russia will be able to improve its port infrastructure for the supply of LNG bunkers and is keen to see the country's authorities offer incentives to shipping companies that adopt the use of eco-friendly solutions.

Speaking during the signing of a set of agreements for the construction of five LNG-fuelled Aframax tankers for the transportation of crude and oil products, Frank said: "We hope that the beginning of serial production of cutting-edge, large-capacity, LNG-fuelled tankers in Russia will facilitate the further development of Russia's port infrastructure that will allow ships to be bunkered with LNG fuel at Russian ports.

"We are also looking forward to seeing Russian regulators and maritime authorities continue with providing incentives for charterers, ship owners, and fleet operators who are taking real steps towards investing in green technologies."

The five-tanker construction agreement was signed by SCF on Tuesday together with Rosneft, the State Transport Leasing Company (STLC), and Zvezda Shipbuilding Complex.

The 114,000-deadweight-tonne (dwt) vessels are to be built by Zvezda in conjunction with Hyundai Heavy Industries (HHI). They are due to enter into service beginning from 2021, when they will be operated by SCF.

The ships have been purpose-designed to use LNG as their primary fuel. The technical specification of the new tankers was designed by SCF's specialists, with the collaboration of the Far Eastern Shipbuilding and Ship Repair Centre (FESRC).

Igor Tonkovidov, Executive Vice-President and Technical Director of Sovcomflot, remarked: "SCF Group strives to reduce systematically the environmental impact of vessels. To this end, we are prioritising the switch to the use of LNG as a primary vessel fuel, a complex solution which we consider to be efficient both environmentally and economically. When compared to engines running on standard marine fuels, it allows us to reduce the volume of all major emission types at once, such as sulphur oxide (SOx), nitrogen oxide (NOx), and carbon dioxide (CO2)."

As Bunker Index previously reported in April, SCF has signed an agreement with Shell Western LNG B.V. for the supply of bunkers to the world's first LNG-powered Aframax crude oil tankers. The new vessels are scheduled to start operating during the third quarter of 2018.

Image: Sergey Frank, president and CEO of PAO Sovcomflot (SCF Group). Credit: Kremlin.ru.




Related Links:

Shift to LNG bunkers will meet needs of eco-conscious clients: Sovcomflot exec
Sovcomflot chooses WinGD engines for world's first gas-powered Aframax tankers
Shell to supply world's first LNG-fuelled Aframax crude tankers
Russia

Latest News:

Second large LNG-powered bulker launched for ESL Shipping
MHI targets development of gas-fuelled ships
Wartsila in maintenance deal for eight LNGCs running on dual-fuel engines
Kandla invites bids to provide shore power to ships: source
Brent dropped as traders apparently went for profit-taking
Oil and fuel oil hedging market update
Peninsula Petroleum to launch bunker supply operation in LA/Long Beach
Europe's first LNG bunkering pontoon enters construction phase
Clean Marine secures EGCS contract for seven chemical tankers
EIA inventory stats showing same tendency as API, but with less magnitude
Oil and fuel oil hedging market update
NCL completes scrubber retrofits for two cruise ships




Page Links:

Prices
Africa
Asia
Latin America
Middle East
North America
North Europe
South Europe
Index Summary
Price Highlights
Commentaries
Futures
Prices
Antwerp
Busan
Cape Town
Fujairah
Houston
Istanbul
Kaohsiung
Las Palmas
Maracaibo
New Orleans
Piraeus
Rio de Janeiro
Rotterdam
Santos
Singapore
Directory
Africa
Asia
Central America
Middle East
North America
North Europe
Oceania
South America
South Europe
Directory
Germany
Gibraltar
Greece
Hong Kong
Italy
Japan
Netherlands
Panama
Russia
Singapore
South Africa
South Korea
Spain
Turkey
United Arab Emirates
United Kingdom
United States
News
Latest News
Blogs
Archive
Americas
Asia
Europe
Middle East
News
Air Pollution
Agreements & M&A's
Alternative Fuels
Cargoes & Storage
Efficiency, Costs & Charges
Environment
Events
Financial
Fuel Quality
Lubes & Additives
Oil Spills
People
Port News
Projects
Regulation/Legal
Services, Products, Technology
Statistics & Research
Vessels
Events
Upcoming Events