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China Shipping Firms, Dynagas Mull Arctic LNG Vessel Deal
China Merchants Energy Shipping, Sinotrans Shipping and Greek shipping firm Dynagas are in talks to form a joint venture to build five vessels to ship liquefied natural gas (LNG) from the Arctic…
Sinotrans to Build Five Arctic LNG Carriers
Sinotrans Shipping, one of China’s largest shipping companies, is in negotiations to take part in a joint venture to commission the building of five Arctic LNG carriers…
Russia’s Novatek Sells 10% Of Yamal LNG To Chinese Fund
Russia’s second-biggest gas producer Novatek is selling a 9.9 percent stake worth an estimated US$1.4 billion in its Yamal liquefied natural gas (LNG) project to…
‘Landmark Year’ for RS in 2014
For Russian Maritime Register of Shipping (RS), 2014 marked the 101st year of its activities. The classification society said 2014 also marked a landmark year, as…
OAO Sovcomflot’s 9M/Q3 2014 Results
OAO Sovcomflot (SCF Group) today reported results for the nine months and third quarter (Q3) ended 30 September 2014. n.a. Commenting on the results, Sergey Frank…
Steel Cut for Yamal LNG Project’s Lead Tanker
A steel-cutting ceremony was held on September 29 for the lead gas tanker ordered by SCF Group for transportation of liquefied natural gas (LNG) under the Yamal LNG project. The prototype vessel will be operated under a long-term time charter between OAO Sovcomflot and JSC Yamal LNG. The steel-cutting ceremony, marking the formal start of a ship’s construction process, took place at the Daewoo Shipbuilding and Marine Engineering Co., Ltd.
Russian Class & Arctic Operations
When it comes to Arctic operations, the Russians arguably have more hands-on experience and investment than any other nation. With that in mind, Maritime Reporter spoke recently with Georgiy Bedrik, Head of the RS Business Development Division, for his input on RS and matters of the Arctic, maritime and offshore. Please give a brief description of the market you serve. In maritime, RS renders a full scope of classification services for ships including plan approval…
Sovcomflot Reports “Strong Start” for Q1 2014
Russian shipping company Sovcomflot, a global top-five tanker company, reported its financial results for the first quarter of 2014. The company, which offers crude oil, refined petroleum products and liquefied gas transportation services, recorded a “strong start” with highlights as listed below. •Successful completion by SCF Group’s company, Novoship, of modernization at the Port of Sochi for 2014 Winter Olympic Games.
Russian Arctic LNG May Ship to Europe
The partners in Russia 's Yamal LNG project are in talks to ship cargoes to Britain & northwest Europe in winter, when heavy sea ice clogs routes to Asia. Under the plan…
Arctic LNG Plant Project Gets Green Light
Yamal LNG, a J/V between Russia’s Novatek and France’s Total, granted permission to build a liquefied natural gas plant in the Russian Arctic. The joint venture, majority-owned by Novatek with an 80 percent stake, received a positive assessment from the State Expert Commission for the project and permission to build the LNG plant at the port of Sabetta on the Yamal Peninsula, reports Ria Novosti. The…
30 Arctic LNG Tankers By Year 2020
According to a report from the Barents Observer, Vyacheslav Popov, leader of the Commission on National Maritime Policy in the Russian Federation Council, says Russia…
Total to Buy $4B Stake in Novatek, Join Arctic LNG Project
According to a March 3 report from Bloomberg, Total SA (FP), Europe’s third-biggest oil company, agreed to buy 12% of OAO Novatek and join the Yamal LNG project…
ABS and RS Jointly Develop Rules for Arctic Gas Carriers
ABS and the Russian Maritime Register of Shipping (RS) are to jointly develop of classification Rules for Arctic Liquefied Natural Gas Carriers under a wide ranging…
RS to Present LNG Rules Initiative at Forum
Research by the Russian Maritime Register of Shipping (RS) on the design and operation of Arctic LNG carriers will feature at next week’s Arctic Shipping 2008 conference in .