PAO Sovcomflot

PAO Sovcomflot is the largest shipping company in Russia and a global leader in the maritime transportation of hydrocarbons. With a fleet of over 144 vessels and a combined deadweight of over 12.45 million tonnes, the company provides high-quality shipping services for offshore oil & gas projects. Employing over 9000 professionals, PAO Sovcomflot is committed to delivering safe and first-class hydrocarbon transportation in line with the highest international industry standards. The company's dedication to innovation is reflected in its average vessel age of just 8 years, showcasing one of the youngest fleets globally.

Notably, approximately a third of PAO Sovcomflot's vessels boast a high ice class, highlighting the company's expertise in navigating the challenging icy conditions of the Arctic and Far Eastern seas. Engaged in the transportation of crude oil, petroleum products, and liquefied natural gas, the company's services also extend to complex towage operations and offshore geophysical exploration.

Founded in 1988, PAO Sovcomflot is headquartered in Saint-Petersburg and has representative offices in several locations globally, including Moscow, Novorossiysk, Murmansk, Vladivostok, Yuzhno-Sakhalinsk, London, Limassol, Madrid, Singapore, and Dubai. The company's commitment to long-term, mutually beneficial cooperation with partners underscores its focus on sustainable growth and stability in the maritime transportation sector.

PAO Sovcomflot's strong position in the energy, logistics, transportation, and oil and gas industries reflects its vital role in delivering energy resources across the globe. While specific details regarding the company's most recent investment and investors are not available, PAO Sovcomflot's impressive track record and strategic priorities position it as an intriguing potential investment opportunity for venture capital firms seeking exposure to the maritime and energy sectors.

For more information, visit www.scf-group.ru and follow Sovcomflot on Twitter.