• 2020 October 28 14:56

    SCF time charters three icebreaking LNG carriers to the Arctic LNG 2 project

    On 28 October 2020, SCF Group (SCF) and Arctic LNG 2, the operator of the Arctic LNG 2 project, concluded 30-year time charter agreements for three new icebreaking LNG carriers (cargo capacity of 172,410 cbm, ice class Arc7), SCF says in a press release. These vessels were ordered by SCF at Daewoo Shipbuilding & Marine Engineering (DSME, Republic of Korea) earlier in October 2020, following the tender held by the project’s operator.

    All three new vessels are scheduled for delivery in 2023. They will fly the Russian flag and have Russian crews.

    Igor Tonkovidov, President & CEO of SCF, commented: “Strengthening SCF’s position in LNG shipping segment is amongst the priorities of our current long-term development strategy, which is aimed at growing highly visible long-term, cyclically resistant and higher-margin infrastructure cash flows. The total contract backlog relating to these new time charter agreements, over the 30-year charter period, is estimated at USD 4.2 billion. This will increase SCF’s total contract backlog to approximately USD 24 billion. I want to use this opportunity to thank our partners at NOVATEK, as well as its subsidiaries operating the Yamal LNG and the Arctic LNG 2 projects, for their support in implementing LNG projects in the Russian Arctic, which are of significant importance for the Russian economy, and I am looking forward to the next stage of our close collaboration.”

    New LNG carriers are designed using SCF’s extensive experience of safely operating Christophe de Margerie, the world’s first icebreaking LNG carrier, which has been serving the Yamal LNG project since 2017. They will each feature a propulsion system comprising three Azipod units with a total capacity of 51 MW, which is comparable to that of 50 Let Pobedy, a nuclear-powered icebreaker (55 MW), and is almost 60 per cent higher than that of Lenin, the world’s first nuclear-powered icebreaker (32.4 MW). This propulsion system is expected to provide new vessels with increased speed and manoeuvrability when sailing in ice conditions, compared with icebreaking LNG carriers of the previous generation.

    The delivery of this new generation of icebreaking LNG carriers should contribute towards opening year-round navigation along the eastern sector of the Northern Sea Route.

    At present, SCF has 15 gas carriers in operation and a further 19 under construction.

    PAO Sovcomflot (SCF Group) is one of the world's leading energy shipping companies, specialising in the transportation of crude oil, petroleum products, and liquefied gas, as well as the servicing of offshore oil and gas production. As of 28 October 2020, the Group’s fleet comprises 146 vessels with a total deadweight of over 12.6 million tonnes, including vessels owned through joint ventures. More than 80 vessels have an ice class.

    SCF is involved in servicing large oil and gas projects in Russia and around the world: Sakhalin-1; Sakhalin-2; Varandey; Prirazlomnoye; Novy Port; Yamal LNG, and Tangguh (Indonesia). The Group is headquartered in St. Petersburg, with offices in Moscow, Novorossiysk, Murmansk, Vladivostok, Yuzhno-Sakhalinsk, London, Limassol, and Dubai.

    Earlier in 2019-2020, another 15 icebreaking LNG carriers for the Arctic LNG 2 project were ordered from Zvezda Shipbuilding Complex (Russia). SCF Group will own the lead vessel of this series, with the remaining 14 being owned by SMART LNG, a joint venture between SCF Group and NOVATEK. These 15 vessels are scheduled for delivery in 2023-2025 and are time chartered to the project’s operator.

    Arctic LNG 2 stakeholders are: NOVATEK (Russia); Total (France); CNPC (China); CNOOC (China), and Japan Arctic LNG, a consortium of Mitsui and JOGMEC (Japan).




2021 September 26

17:45 USCG, Japanese navy conduct exercise near Dutch Harbor
14:51 Hidden Gem’ arrives in Rotterdam to be transformed into nodule collection vessel for The Metals Company
13:21 LR projects win funding to accelerate research into maritime decarbonisation
12:28 ESVAGT takes delivery of third newbuilt SOV vessel
11:07 ABS Awards AIP to Ned Project’s wind turbine installation vessel design

2021 September 25

15:03 Rolls-Royce and Sanlorenzo add new dimension to partnership with mtu engines and integrated bridge solutions
13:27 JAX LNG and TOTE complete first renewable LNG bunkering in the United States
12:41 Babcock cuts steel for Royal Navy’s Type 31 frigate HMS VENTURER at Rosyth
11:37 Höegh LNG Partners LP announces a new long-term FSRU contract for the Höegh Gallant
10:52 MYCRANE set to launch in four more countries as franchisees are appointed

2021 September 24

18:16 ABS and HHI design optimized LNG carriers
17:59 Admiralteyskie Verfi shipyard launches the Kapitan Martynov freezer trawler
17:55 Italian terminal operator orders two Konecranes Gottwald Mobile Harbor Cranes
16:12 Three Finnish icebreakers return to service after being repaired at Turku Repair Yard
15:03 Maersk invests in electrofuels startup company
14:40 International conference “Inland waterways: strategic potential for growth” focused on INFUTURE project was held on September 20
14:13 Dredge spoil disposal system planned for fairway deepening project
13:57 LAS Vice Admiral Kulakov went to the Atlantic
13:33 Wärtsilä ensures optimal performance and minimal carbon footprint for world’s most environmentally friendly ferry
13:09 Wan Hai Lines holds online ship naming ceremony for new vessels
12:38 Sredne-Nevsky Shipyard launched unmanned research ship Pioner-M
12:10 Record mid-year cargo volumes through the Port of Vancouver in 2021
11:46 SCF Group wins sci-tech award for development in Arctic exploration
11:02 Rolls-Royce and Overmarine continue cooperation with future-oriented mtu technologies
10:07 Tallink Grupp secures another short-term charter deal for vessel Silja Europa
09:59 MPA, SSA and GCNS sign MoU to raise carbon accounting capabilities amongst maritime companies in Singapore
09:41 MABUX: Global Bunker Market may continue firm upward trend on Sept 24
09:24 Crude oil prices continue increasing
09:09 Baltic Dry Index as of September 23

2021 September 23

18:05 Maersk calls Jafza home for its first Warehousing & Distribution facility in the UAE
17:25 GTT and Deltamarin receive AiP from American Bureau of Shipping for their new design applied for LNG fueled tanker
17:05 LR grows fleet optimisation offering with GreenSteam acquisition
16:25 The Port of Rotterdam Authority helps German DeltaPort to be a regional hydrogen hub
16:15 Panama Canal joins to the Call to Action for Shipping Decarbonization
15:39 Dry cargo vessel of RSD59 design, Alexander Ivanov, leaves for sea trials
15:21 ABS grants AIP for next generation liquified CO2 carrier JDP designs
15:05 Synergy Group to take over Maersk Tankers’ technical management business
14:37 DNV and LISCR award AiP to HHI for 40,000 CBM liquefied CO2 carrier design
14:17 Kaliningrad region and FESCO to cooperate in the field of logistics
13:48 Damen can build icebreaking ships for Russia’s Arctic projects within short timeframes
13:25 Sweden’s largest port solar cell system inaugurated at Stockholm Norvik Port
13:15 MABUX: Bunker Weekly Outlook, Week 38, 2021
12:56 Keel-laying of Damen tug series for Atomflot held in Saint-Petersburg
12:51 MSC invests in new efficiency solution to reduce emissions from fleet
11:00 13th Annual Capital Link Shipping & Marine Services Forum took place with great success on September 13, 2021
11:00 Rolls-Royce and Sea Machines sign partnership to cooperate on smart ship and autonomous ship control solutions
10:34 APM Terminals partners with Siemens for energy optimisation and emission reduction at terminals
09:58 Torqeedo and Fassmer Shipyard announce the CIT-E Ferry - a passenger ferry for public transport
09:46 MABUX: Global Bunker Market may demonstrate firm upward evolution on Sept 23
09:29 Crude oil prices continue increasing
09:14 Baltic Dry Index as of September 22

2021 September 22

18:05 ClassNK joins as signatory to Call to Action for Shipping Decarbonization
17:47 Localization level of LK-60 icebreakers estimated at 92% in finance terms
17:20 Torvald Klaveness joins over 150 industry leaders and organizations in call for decisive government action to enable full decarbonization of international shipping by 2050
16:55 SC Zvezda counts on signing contracts for 10 tankers under Vostok Oil project in October 2021
16:31 Transition to unmanned navigation and navigation with reduced crews will be possible in Russia in three years
16:30 LR, HHI and KSOE sign MoU to develop digital twin technology for an LNG carrier
16:10 APM Terminals Pipavav marks 1,000 days of safe operations
15:39 Wärtsilä and SHI agree to collaborate on ammonia fuelled engines for future newbuilds
15:14 NAVTEK proves first zero-emissions tugboat performance