This is a legacy page. Please click here to view the latest version.
Thu 28 Sep 2017, 10:37 GMT

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


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.

LNG   Russia 

Lyla Pathfinder naming ceremony. NYK names eighth dual-fuel LPG carrier at Kawasaki Heavy Industries yard  

Lyla Pathfinder is capable of operating on both heavy fuel oil and LPG.

Verde Marine Energy and Eleven Energy logo. Verde Marine Energy and Eleven Energy formalise strategic collaboration  

Alliance combines physical supply capabilities with an expanding international trading business.

Laura DiBella, FMC. US Federal Maritime Commission chair to keynote IBIA Convention 2026 in New York  

Laura DiBella to address marine fuel industry leaders on regulation and market direction.

VPS logo. Longer drains, lower cost: The role of oil analysis of synthetic engine oils | Joe Star, VPS  

VPS recommends robust oil analysis programme for the safe extension of drain intervals.

We are hiring graphic message with a handshake gesture. Sing Fuels seeks supply trader for Asia role  

Bunker firm looking to hire trader in role focused on marine fuel procurement and supplier relations.

Dan-Bunkering logo. Dan-Bunkering posts $36.4m pre-tax earnings as alternative fuel orders surge 50%  

Danish firm reports 5% bunker volume rise amid supply disruptions, price volatility and geopolitical uncertainty.

ECSA logo. Shipping contributes up to €9bn annually to EU ETS budgets, ECSA study finds  

New analysis calls for ETS revenues to be reinvested in shipping’s energy transition.

Finnlines ro-ro passenger vessel render. Wärtsilä propulsion solutions selected for nine Grimaldi Group newbuilds  

Fuel-flexible engines, scrubbers and hybrid systems ordered for ferries across three Grimaldi fleets.

Paola Prieto, Burando Energies. Burando Energies appoints senior bunker trader to lead Latin America expansion  

Paola Prieto joins Burando Energies’ trading team with a focus on Latin American growth.

Port of Quebec aerial view. Port of Québec secures C$5.1m from provincial government for shore power electrification  

Funding will support shore power infrastructure at two wharves, targeting availability by autumn 2028.


↑  Back to Top