Igor Tonkovidov’s first year at the head of Russia’s largest state-owned shipowner, Sovcomflot (SCF Group), has not been what he was expecting — but then 2020 has been a little odd for every chief executive.

Tonkovidov is no stranger to the top job. This is his third role heading a domestic shipping company.

“This first year is definitely interesting,” he says, acknowledging the challenges of the historic Opec cuts in production in April and Covid-19.