Rosneft and Sovcomflot have teamed up on a series of five LNG-powered aframax newbuildings at Zvezda shipyard.
Rosneft will own the 114,000-dwt tankers with Sovcomflot taking newbuilding supervision and operation responsibility for the ships.
Sergey Frank, president of Sovcomflot, says the company is already the world’s largest owner of aframax tonnage with the latest deal extending a cooperation with Russia’s leading oil exporter.
