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World’s first LNG icebreaker finalizes trials in Arctic

Daewoo Shipbuilding & Marine Engineering announced that the world’s first ice class LNG carrier, Christophe de Margerie, finished its ice trials in the Arctic Ocean. During the commissioning phase, the ship was tested for its ice breaking ability of proceeding through ice of 2.1 m thick.

SCF Group to finance construction of Arctic LNG tanker

As part of the 20th International Economic Forum in Saint Petersburg, PAO Sovcomflot (“SCF Group”) and VTB Bank signed a USD 260 million 13-year loan agreement. The signatories were Sergey Frank, President and CEO of PAO Sovcomflot, and Andrey Kostin, President and Chairman of the Management Board of VTB Bank.

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