Sovcomflot, VEB.RF sign financing contracts for LNG-fuelled MR tanker newbuildings

Sovcomflot, VEB.RF sign financing contracts for LNG-fuelled MR tanker newbuildings Image: Sovcomflot

Sovcomflot and VEB.RF Group have entered into agreements whereby VEB Leasing will finance the construction of three new LNG-fuelled MR tankers.

The vessels will be built at Zvezda Shipbuilding Complex and are scheduled to be delivered during the 2022-2023 timeframe.

The Ice Class 1B tankers will each have a deadweight of 51,000 tonnes and will be used to transport petroleum products and gas condensate under 20-year time charter agreements with Novatek.

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