|26 July 2007|
|10:32||seaSovcomflot Signed a Co-operation Agreement|
On July, 25 Bank VTB and Sovcomflot signed an agreement stipulating further development of mutually beneficial co-operation between the parties, reports the press-center of the bank.
On behalf of VTB the Agreement was signed by Andrey Kostin, VTB Chairman & CEO, Sovcomflot was represented by Sergey Frank, President & CEO of the shipping company.
The agreement provides for promoting co-operation between VTB and Sovcomflot in solving the current and strategic tasks faced by the company.
|20 June 2007|
|18:47||seaPutin signs decree to merge Novoship and Sovcomflot|
On June 20, at the meeting with the head of "Sovcomflot" Sergey Frank Russian president Vladimir Putin said that he had signed a decree on the merging "Sovcomflot" and "Novoship".
According to this decree the government will transfer its share in "Novoship" to "Sovcomflot" to create the largest shipping company in Russia, repots RIA Novosti.
As the result of the merger the company is expected to become the fifth largest tanker company in the world.
|27 February 2007|
|17:06||projectsSovcomflot and Novoship to Look for Common Approaches and Principles|
Taking into account the project of the state shares consolidation in Sovcomflot, JSC and Novoship, JSC the Sovcomflot Board of directors proposed to develop common methodological approaches and principles for predicting industrial and financial figures for both companies, said Igor Shuvalov, Chairman of the Sovcomflot Board, at its meeting on February, 26 of 2007.
Earlier, after his meeting with Sergey Frank, CEO of Sovcomflot, in Moscow on February, 13 Sergey Terekhin, President of Novoship told the press that the two companies would develop "new common project in future".
|13:18||seaSovñomflot Invests in Newbuildings|
The Sovcomflot Board of directors examined the prossess and prospects of the group's shipbuilding program realization at their meeting on February, 26 of the year 2007.
|10:53||seaSovcomflot Board Meeting|
The Sovcomflot Board of directors examined some financial-industrial issues and the issues of organization at their meeting on February, 26 of the year 2007.
|26 January 2007|
|12:19||seaRosneft Inks Deal with Sovcomflot |
Russian shipping giant Sovcomflot has established a management joint venture with compatriot oil company Rosneft, reports TradeWinds.
|20 November 2006|
|18:50||seaSovcomflot Signs Loan Agreement |
On November November 20, 2006 Sovcomflot Group and German bank HSH Nordbank AG have signed a Loan Agreement of $434 mn today.
|16 November 2006|
|14:17||seaSovcomflot Posts 9 months Results|
16 November at the board of directors session of JSC Sovcomflot the financial results for 9 months of 2006 were declared as well as the forecasts.
The fleet operation income made $380,4 mln.
|12:03||seaSovcomflot Starts LNG Operations|
On 7 and 13 November 2006 respectively Sovcomflot took delivery of mv SCF Polar and mv SCF Arctic, two 70,218 cbm membrane-type ice class LNG carriers acquired from BG Group.
|30 October 2006|
|14:49||seaTanker Tavrichesky Bridge Delivered to Sovcomflot (photos)|
30 October 2006 at Admiralty Shipyard the sixth tanker was delivered for JSC Sovcomflot.
|26 October 2006|
|09:25||NovoshipNo Way For "Sovcomship" Mix|
Mergin of two biggest Russian shipping companies Sovcomflot and Novoship might take a long time.
|2 August 2006|
|23:11||Sergey FrankSovcomflot profit leaps 40% |
Russian state owned shipowner Sovcomflot has logged a net profit of $86m for the first six months of 2006, compared to a $60m profit during the same period last year.
|24 July 2006|
|10:50||seaSovcomflot Signs MoU with Korean KEXIM Bank|
On July 22, Sovcomflot SCEO Sergey Frank signed in St.
|11 July 2006|
|16:25||seaSovcomflot and Shevron Signed MoU (Photo report)|
Talks between the top management of Sovcomflot and the top management of Chevron Shipping Company LLC took place at Sovcomflot Moscow office on 11 July 2006.
|17 May 2006|
|17:49||seaFive New Tankers for Sovcomflot|
Sovcomflot JSC plans to order 3 more tankers in addition to the series iof 47 th.tons dwt vessels at the Admiralty Shipyard JSC.
|27 February 2006|
|16:55||seaFrank Scoops Newsmaker Award|
Sergey Frank, chief executive and president of Sovcomflot, was named the first Lloyd's List Newsmaker of the Year at a gala award ceremony in London Thursday evening, according to Lloyd's List.
|26 December 2005|
|16:18||Sergey FrankPlans and Forecasts of Sovcomflot |
Sergey Frank, head of Sovcomflot JSC announced the plans of the company for the years 2006-2009.
|11 November 2005|
|08:53||conferenceSovcomflot Plans to Attract 2 Syndicated Credits |
In 2005 Sovcomflot JSC plans to attract 2 syndicated credits.
|26 October 2005|
|11:13||seaBoard of Directors of Sovcomflot Holds Meeting|
On October 25 2005 Board of Directors of Sovcomflot JSC held a meeting concerning the results of the company in H1 2005 including exploitation profit and discussed the forecast and plans for the year 2006.
|12 October 2005|
|09:41||seaToo Many Ice-Class Tankers|
Russia's most powerful shipowner, Sergey Frank, believes the only way to beat the looming glut of ice class tankers is to seek out industrial deals that call for more than standard specification vessels.