The first ice-breaking LNG carrier jointly owned by Mitsui OSK Lines (MOL) and China Cosco Shipping has been named at Daewoo Shipbuilding & Marine Engineering (DSME).
PAO Sovcomflot (SCF Group) has held a naming ceremony for its new built-to-order icebreaking standby vessel, Fedor Ushakov, named after the legendary Russian naval commander Admiral Fedor Ushakov (1745-1817).
Clean technology engineering firm Genoil has teamed up with two Russian institutions to design a low-cost desulphurisation project aimed at meeting the IMO 0.5% global sulphur cap regulation in 2020.
Russian shipping group Sovcomflot remained in the black for the first half of 2017, albeit with a much reduced profits, saying the result showed the resilience of its expanding industrial shipping business despite the “turbulent conditions” seen in conventional tanker markets.
Russia’s shipping group Sovcomflot has called on the Russian government to continue its drive to improve navigational safety measures on the Northern Sea Route (NSR) and for a ban on substandard ships with untrained crew sailing in the environmentally sensitive region.
Allseas is to use three pipelaying vessels, including the world’s largest the Pioneering Spirit, for a contract with Nordstream 2 to lay a natural gas pipeline in the Baltic Sea.
Russian President Vladimir Putin says the country is set to become the world’s largest producer of LNG as the world’s first ice-breaking LNG carrier calls at Sabetta port in Yamal.
A trading unit of top Russian oil producer Rosneft has signed a deal to supply 10 LNG shipments to the Egyptian Natural Gas Holding Company this year, according to reports.
Russia’s largest shipping company PAO Sovcomflot saw profits fall in 2016, and admitted the year had "severely tested the industry".
Shipping group CMA CGM has is launching a new service that will allow the direct delivery of fruit and vegetables from Morocco to Russia in eight days without any stopover.