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Sovcomflot Orders Three LNG-Fueled Tankers from Zvezda Shipyard

The LNG-fuelled Aframax tanker Lomonosov Prospect.
The LNG-fuelled Aframax tanker Lomonosov Prospect.

By MarEx 2019-01-02 16:28:56

On December 28, 2018, Sovcomflot (SCF Group) placed an order at Zvezda shipbuilding complex for construction of three new generation product carriers that use cleaner-burning LNG fuel as their primary fuel.

Three MR-class vessels will have a deadweight (DWT) of 51,000 tonnes each. They will transport petroleum products and gas condensate and will be chartered to Novatek under long-term time charter agreements. Each tanker will have an ice class of 1B, enabling safe operations in areas with challenging ice conditions, including the Baltic.

Using LNG fuel enables to significantly reduce emissions. Compared to engines burning standard marine fuels, LNG-powered engines release 27 percent less carbon dioxide (CO2), 85 percent less nitrogen oxide (NOx), 100 per cent less sulfur oxides (SOx), and 100 per cent less particulate matter.

The technical specification of the tankers reflects the international regulatory limits on sulfur, nitrogen and greenhouse gas emissions, which will come into effect in 2020.

In September 2018, Sovcomflot Group also ordered two 114,000 DWT LNG-fueled Aframax crude oil tankers from Zvezda.

Sovcomflot pioneers the adoption of LNG as the primary fuel for large-capacity oil tankers. In 2018, Sovcomflot has already saw three LNG-fueled Aframax crude oil tankers delivered to its fleet. 

The products and services herein described in this press release are not endorsed by The Maritime Executive.