Seatrade Maritime is part of the Informa Markets Division of Informa PLC

This site is operated by a business or businesses owned by Informa PLC and all copyright resides with them. Informa PLC's registered office is 5 Howick Place, London SW1P 1WG. Registered in England and Wales. Number 8860726.

Sovcomflot and Novoship under one flag

Sovcomflot and Novoship under one flag

Moscow: Russia's two largest commercial fleets, Sovcomflot and Novoship, will operate as a single commercial entity from 1 July.
The single chartering location will be operated out of Sovcomflot's London office.
Sovcomflot is Russia's biggest shipping company with a fleet of 66 vessels totalling 4.97m dwt which will expand to 130 vessels of 9.3m following the merger with Novoship.
An initial public offering for the 15% of the combined entity could happen as soon as the end of this year.  [30/6/08]

Hide comments
account-default-image

Comments

  • Allowed HTML tags: <em> <strong> <blockquote> <br> <p>

Plain text

  • No HTML tags allowed.
  • Web page addresses and e-mail addresses turn into links automatically.
  • Lines and paragraphs break automatically.
Publish