PAO Sovcomflot (SCF Group)’s large-capacity  LNG-fueled Aframax tanker Lomonosov Prospect has successfully completed its first commercial voyage along the Northern Sea Route (NSR) delivering a cargo of petroleum products from South of Korea to Northern Europe.

Iona, the first of two 184,700 gross ton LNG powered cruise ships that P&O Cruises in the UK has on order at the Meyer shipyard in Germany, will cruise to Norway throughout the summer of 2020.

Maersk Line will this week launch the first container ship on an Arctic route over the top of Russia as the world’s biggest carrier of seaborne freight experiments with an alternative to the Suez Canal. The Venta Maersk, a 3,600 container new ice-class ship belonging to the Danish group, will leave Vladivostok in the next few days bound for St Petersburg, which it will reach by the end of September.

Russian natural gas producer Novatek delivered on Thursday the first ever liquefied natural gas (LNG) cargo to China via the Northern Sea Route (NSR) alongside the Arctic coast, which drastically cuts delivery time to Asian consumers.
The shipments of LNG from Yamal LNG project via the NSR to China cuts transportation time and costs in comparison to other routes such as Suez Canal.

CEO Mr. Emanuele Grimaldi has been awarded today with a decoration of Commander of the Order of the Lion of Finland.