Sovcomflot Group

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About

Our mission is to strengthen the position of Sovcomflot Group as the prime maritime transporter of Russian energy and as one of the global leaders in the international shipping industry. As the largest Russian shipping company our fleet consists of: * 48 vessels totaling about 3.63 million DWT * 20 newbuildings (14 tankers, 4 LNG and 2 LPG carriers) totaling about 1.2 million DWT As one of the most modern tanker fleets in the world: * vessels in our fleet average less than 5 years of age * all of our tankers are double-hulled Our firm has a fully integrated corporate structure: shipowning, commercial and technical management. We employ 2300 Russian seafarers and 315 onshore personnel.

Sovcomflot group's business strategy is to: * focus on energy shipping * accelerate growth to meet a rising demand for Russian energy transportation, especially in new segments of LNG and trading in difficult ice conditions * have the LNG sector become one of the Company's core activities * implement a Freight Policy based on the concept of "industrial shipping": * develop logistical solutions for our clients; * establish long-term contracts with oil majors prevailing over spot market trading * emphasize operational safety, quality and high environmental standards, i.e.: Sovcomflot = SCF = "Safety Comes First"