Sovcomflot's first quarter performance 'exceeded the targets'

Sovcomflot's positive 2019 momentum has carried into the new year, according to the Russian tanker and gas shipping giant.

The company said chief executive Igor Tonkovidov informed the board during a meeting on 7 April that preliminary results for the first quarter were looking good.

"Indicative performance data shows that the group has exceeded the targets planned for first quarter of this year," Sovcomflot said in a press release.