Current liabilities are debts that must be repaid more or less immediately.
Sovcomflot has been under U.S. sanctions since January.
Sovcomflot has been under U.S. sanctions since January.
October 26, 2025 at 5:54 AM
Current liabilities are debts that must be repaid more or less immediately.
Sovcomflot has been under U.S. sanctions since January.
Sovcomflot has been under U.S. sanctions since January.
Sovcomflot suffered a loss of 673 million rubles in the first 9 months of 2025. A year earlier it posted a profit of 4 billion rubles.
Revenue fell by a factor of 43 to 87 million rubles (this seems really, really low).
Current liabilities grew from 1.5 bn rubles to 33 bn rubles!!
Revenue fell by a factor of 43 to 87 million rubles (this seems really, really low).
Current liabilities grew from 1.5 bn rubles to 33 bn rubles!!
October 26, 2025 at 5:53 AM
Sovcomflot suffered a loss of 673 million rubles in the first 9 months of 2025. A year earlier it posted a profit of 4 billion rubles.
Revenue fell by a factor of 43 to 87 million rubles (this seems really, really low).
Current liabilities grew from 1.5 bn rubles to 33 bn rubles!!
Revenue fell by a factor of 43 to 87 million rubles (this seems really, really low).
Current liabilities grew from 1.5 bn rubles to 33 bn rubles!!
2. Clean Vision and sister LNG carriers Clean Ocean and Clean Planet are Greece-owned — unlike four others on the same list linked to Russia’s state shipowner Sovcomflot.
October 21, 2025 at 9:09 AM
2. Clean Vision and sister LNG carriers Clean Ocean and Clean Planet are Greece-owned — unlike four others on the same list linked to Russia’s state shipowner Sovcomflot.
@business: Indian Oil Corp. resumed buying Russian crude oil delivered on a tanker owned by Sovcomflot PJSC this week, paving the way for a restoration of oil flows between Russia and India https://t.co/Q4eQX6pBEm
May 2, 2024 at 4:15 AM
@business: Indian Oil Corp. resumed buying Russian crude oil delivered on a tanker owned by Sovcomflot PJSC this week, paving the way for a restoration of oil flows between Russia and India https://t.co/Q4eQX6pBEm
The [ US's extensive sanctions] measures affect major entities, including Gazprom Neft, Surgutneftegaz, Sovcomflot vessels, and Rosnefteflot, a subsidiary of Rosneft. Additionally, Russian insurance companies Ingosstrakh and Alfastrakhova are now under restrictions.
January 11, 2025 at 9:52 AM
The [ US's extensive sanctions] measures affect major entities, including Gazprom Neft, Surgutneftegaz, Sovcomflot vessels, and Rosnefteflot, a subsidiary of Rosneft. Additionally, Russian insurance companies Ingosstrakh and Alfastrakhova are now under restrictions.
EU to demand insurance information in its waters
telegra.ph/EU-to-demand...
#Insurance #Trade #Regulation #Security #Blocs #EU #Europe #InternationalMaritimeOrganization #Ingosstrakh #Soglasie #Sovcomflot #NationalIranianTankerCo
telegra.ph/EU-to-demand...
#Insurance #Trade #Regulation #Security #Blocs #EU #Europe #InternationalMaritimeOrganization #Ingosstrakh #Soglasie #Sovcomflot #NationalIranianTankerCo
EU to demand insurance information in its waters
EUROPEAN Union coastal states will require vessels passing through their waters to provide insurance information under new amendments to the EU’s Vessel Monitoring Directive.
Director general for mobi...
telegra.ph
April 28, 2025 at 3:13 PM
EU to demand insurance information in its waters
telegra.ph/EU-to-demand...
#Insurance #Trade #Regulation #Security #Blocs #EU #Europe #InternationalMaritimeOrganization #Ingosstrakh #Soglasie #Sovcomflot #NationalIranianTankerCo
telegra.ph/EU-to-demand...
#Insurance #Trade #Regulation #Security #Blocs #EU #Europe #InternationalMaritimeOrganization #Ingosstrakh #Soglasie #Sovcomflot #NationalIranianTankerCo
Sovcomflot is one of the largest shipping companies in Russia, one of the leaders in oil and LNG transportation.
The bad news in the latest “Kremlin approved” financial report
Revenue 9M2024: $ 1.47 billion (-16.2 y/y)
Net profit 9M2024: $ 0.5 billion (-28% y/y)
Net debt 2023: -3.65₽ billion
2/2
The bad news in the latest “Kremlin approved” financial report
Revenue 9M2024: $ 1.47 billion (-16.2 y/y)
Net profit 9M2024: $ 0.5 billion (-28% y/y)
Net debt 2023: -3.65₽ billion
2/2
June 29, 2025 at 7:16 PM
Sovcomflot is one of the largest shipping companies in Russia, one of the leaders in oil and LNG transportation.
The bad news in the latest “Kremlin approved” financial report
Revenue 9M2024: $ 1.47 billion (-16.2 y/y)
Net profit 9M2024: $ 0.5 billion (-28% y/y)
Net debt 2023: -3.65₽ billion
2/2
The bad news in the latest “Kremlin approved” financial report
Revenue 9M2024: $ 1.47 billion (-16.2 y/y)
Net profit 9M2024: $ 0.5 billion (-28% y/y)
Net debt 2023: -3.65₽ billion
2/2
@WhiteHouse Leaves Fleet-Sized Hole in Sovcomflot Sanctions - @Mar_Ex
https://maritime-executive.com/article/white-house-leaves-fleet-sized-hole-in-sovcomflot-sanctions
https://maritime-executive.com/article/white-house-leaves-fleet-sized-hole-in-sovcomflot-sanctions
White House Leaves Fleet-Sized Hole in Sovcomflot Sanctions
The Biden administration announced Friday that it had san...
maritime-executive.com
January 13, 2025 at 4:17 AM
@WhiteHouse Leaves Fleet-Sized Hole in Sovcomflot Sanctions - @Mar_Ex
https://maritime-executive.com/article/white-house-leaves-fleet-sized-hole-in-sovcomflot-sanctions
https://maritime-executive.com/article/white-house-leaves-fleet-sized-hole-in-sovcomflot-sanctions
US Sanctions Three Sovcomflot Tankers in Effort to Enforce G7 Oil Price Cap - @Mar_Ex
https://maritime-executive.com/article/us-sanctions-three-sovcomflot-tankers-in-effort-to-enforce-g7-oil-price-cap
https://maritime-executive.com/article/us-sanctions-three-sovcomflot-tankers-in-effort-to-enforce-g7-oil-price-cap
US Sanctions Three Sovcomflot Tankers in Effort to Enforc...
The United States for the second time in a month is goin...
maritime-executive.com
January 14, 2025 at 2:41 AM
US Sanctions Three Sovcomflot Tankers in Effort to Enforce G7 Oil Price Cap - @Mar_Ex
https://maritime-executive.com/article/us-sanctions-three-sovcomflot-tankers-in-effort-to-enforce-g7-oil-price-cap
https://maritime-executive.com/article/us-sanctions-three-sovcomflot-tankers-in-effort-to-enforce-g7-oil-price-cap
Vintage tankers ship first Russian oil as producers reshuffle tonnage
telegra.ph/Vintage-tank...
#Sanctions #Tankers #Energy #MarketInsight #VLCC #Europe #Russia #AsiaPacific #India #YuriSenkevich #ViktorTitov #Braemar #Sovcomflot #NationalIranianTankerCo
telegra.ph/Vintage-tank...
#Sanctions #Tankers #Energy #MarketInsight #VLCC #Europe #Russia #AsiaPacific #India #YuriSenkevich #ViktorTitov #Braemar #Sovcomflot #NationalIranianTankerCo
Vintage tankers ship first Russian oil as producers reshuffle tonnage
TEN vintage tankers with no history of transporting Russian oil have loaded cargoes since January 10 shipbroker Braemar reported, two weeks after the federation implemented workarounds to circumvent f...
telegra.ph
January 28, 2025 at 3:41 PM
Vintage tankers ship first Russian oil as producers reshuffle tonnage
telegra.ph/Vintage-tank...
#Sanctions #Tankers #Energy #MarketInsight #VLCC #Europe #Russia #AsiaPacific #India #YuriSenkevich #ViktorTitov #Braemar #Sovcomflot #NationalIranianTankerCo
telegra.ph/Vintage-tank...
#Sanctions #Tankers #Energy #MarketInsight #VLCC #Europe #Russia #AsiaPacific #India #YuriSenkevich #ViktorTitov #Braemar #Sovcomflot #NationalIranianTankerCo
US imposes sanctions on Russia's leading tanker group Sovcomflot - Treasury Dept website
US imposes sanctions on Russia's leading tanker group Sovcomflot - Treasury Dept website
The U.S. Treasury has imposed sanctions on Russia's leading tanker group, Sovcomflot, the department's website said on Friday, as Washington seeks to reduce Russia's revenues from oil sales that it can use to support its invasion of Ukraine.
www.reuters.com
February 23, 2024 at 9:18 PM
US imposes sanctions on Russia's leading tanker group Sovcomflot - Treasury Dept website
faisait partie des 180 pétroliers de la flotte fantôme sanctionnés par l'administration Biden le 10 janvier. L'UE a suivi en février. Le propriétaire du navire, Sovcomflot, sanctionné, a confié sa gestion à 2 sociétés immatriculées aux Émirats arabes unis.🧵3 fin
June 9, 2025 at 3:21 PM
faisait partie des 180 pétroliers de la flotte fantôme sanctionnés par l'administration Biden le 10 janvier. L'UE a suivi en février. Le propriétaire du navire, Sovcomflot, sanctionné, a confié sa gestion à 2 sociétés immatriculées aux Émirats arabes unis.🧵3 fin
Um tanque. Foto: Getty Images A maior operadora de tanque da Rússia, Sovcomflot, culpou as sanções ocidentais por uma queda dramática nos lucros em 2024 e alertou que novas restrições impostas este ano pressionarão a empresa. Fonte: Reuters Detalhes: Em 2024, os EUA https://wp.me/peeEZc-3UA
March 7, 2025 at 9:16 PM
Um tanque. Foto: Getty Images A maior operadora de tanque da Rússia, Sovcomflot, culpou as sanções ocidentais por uma queda dramática nos lucros em 2024 e alertou que novas restrições impostas este ano pressionarão a empresa. Fonte: Reuters Detalhes: Em 2024, os EUA https://wp.me/peeEZc-3UA
Sovcomflot, Russia’s largest shipping company, led the losses with a drop of more than 5%.
Russian Stocks Tumble After Trump Calls Putin ‘Crazy,’ Threatens News Sanctions - The Moscow Times
Russia’s stock market fell more than 2% on Monday after U.S.
www.themoscowtimes.com
May 26, 2025 at 3:24 PM
Sovcomflot, Russia’s largest shipping company, led the losses with a drop of more than 5%.
OPEX ⬆️ 13%
NETP ⬇️ 55%
Sovcomflot
NETP ⬇️ 55%
Sovcomflot
Sovcomflot Cites U.S. Sanctions as Profits Again Plummet in 2024
Russia’s energy shipping company Sovcomflot reported financial results on Friday, March 7, citing the continuing impact of Western sanctions on its op...
maritime-executive.com
March 7, 2025 at 11:37 PM
OPEX ⬆️ 13%
NETP ⬇️ 55%
Sovcomflot
NETP ⬇️ 55%
Sovcomflot
2/3
🇷🇺📉 Russia's leading tanker group Sovcomflot plunged to a net loss of $393 million in the first quarter, blaming the slump on new Western sanctions that have led to operational problems, lower revenues and some sanctioned vessels sitting idle.
www.reuters.com/markets/euro...
🇷🇺📉 Russia's leading tanker group Sovcomflot plunged to a net loss of $393 million in the first quarter, blaming the slump on new Western sanctions that have led to operational problems, lower revenues and some sanctioned vessels sitting idle.
www.reuters.com/markets/euro...
Russia's sanctioned tanker group Sovcomflot plunges to $393 million loss
Russia's leading tanker group Sovcomflot plunged to a net loss of $393 million in the first quarter, blaming the slump on new Western sanctions that have led to operational problems, lower revenues and some sanctioned vessels sitting idle.
www.reuters.com
May 23, 2025 at 8:45 AM
2/3
🇷🇺📉 Russia's leading tanker group Sovcomflot plunged to a net loss of $393 million in the first quarter, blaming the slump on new Western sanctions that have led to operational problems, lower revenues and some sanctioned vessels sitting idle.
www.reuters.com/markets/euro...
🇷🇺📉 Russia's leading tanker group Sovcomflot plunged to a net loss of $393 million in the first quarter, blaming the slump on new Western sanctions that have led to operational problems, lower revenues and some sanctioned vessels sitting idle.
www.reuters.com/markets/euro...
⚠️ RUSSIA'S SOVCOMFLOT SAYS ITS SHIP RESCUED CREW FROM TANKER OFF YEMEN
Full Story → https://PiQSuite.com/reuters/russias-sovcomflot-says-its-ship-rescued-crew-from-tanker-off-yemen
Full Story → https://PiQSuite.com/reuters/russias-sovcomflot-says-its-ship-rescued-crew-from-tanker-off-yemen
June 26, 2024 at 11:27 AM
⚠️ RUSSIA'S SOVCOMFLOT SAYS ITS SHIP RESCUED CREW FROM TANKER OFF YEMEN
Full Story → https://PiQSuite.com/reuters/russias-sovcomflot-says-its-ship-rescued-crew-from-tanker-off-yemen
Full Story → https://PiQSuite.com/reuters/russias-sovcomflot-says-its-ship-rescued-crew-from-tanker-off-yemen
The sanctions are doing work. "Russia’s largest shipping company Sovcomflot posted a loss of $393 million in Q1 of 2025, a dramatic reversal from the $216 million profit it reported during the same period last year." www.themoscowtimes.com/2025/05/23/r...
Russia's Largest Shipping Firm Reports $393M Loss in Q1 as West Targets 'Shadow Fleet' - The Moscow Times
Russia’s largest shipping company Sovcomflot posted a loss of $393 million in Q1 of 2025, a dramatic reversal from the $216 million profit it reported during the same period last year.
www.themoscowtimes.com
May 26, 2025 at 10:45 AM
The sanctions are doing work. "Russia’s largest shipping company Sovcomflot posted a loss of $393 million in Q1 of 2025, a dramatic reversal from the $216 million profit it reported during the same period last year." www.themoscowtimes.com/2025/05/23/r...
RUSSIAN CRISIS
🔥🔥🔥 For the month, all sectors of Russia’s stock market are in the red:
Gazprom -16.7%
Retailer Ozon -23.7%
Search engine Yandex -12.3%
Largest construction company Samolet -37.91%
Shipping company Sovcomflot -19.7%
🔥 Russia’s economy is melting down.
🔥🔥🔥 For the month, all sectors of Russia’s stock market are in the red:
Gazprom -16.7%
Retailer Ozon -23.7%
Search engine Yandex -12.3%
Largest construction company Samolet -37.91%
Shipping company Sovcomflot -19.7%
🔥 Russia’s economy is melting down.
December 17, 2024 at 6:24 PM
RUSSIAN CRISIS
🔥🔥🔥 For the month, all sectors of Russia’s stock market are in the red:
Gazprom -16.7%
Retailer Ozon -23.7%
Search engine Yandex -12.3%
Largest construction company Samolet -37.91%
Shipping company Sovcomflot -19.7%
🔥 Russia’s economy is melting down.
🔥🔥🔥 For the month, all sectors of Russia’s stock market are in the red:
Gazprom -16.7%
Retailer Ozon -23.7%
Search engine Yandex -12.3%
Largest construction company Samolet -37.91%
Shipping company Sovcomflot -19.7%
🔥 Russia’s economy is melting down.
@business: The US imposed sanctions on Russian oil-shipping giant Sovcomflot, joining the UK and other allies in a fresh bid to clamp down on Putin’s efforts to evade a price cap on crude exports https://t.co/JTRRWMK6vf
February 23, 2024 at 10:17 PM
@business: The US imposed sanctions on Russian oil-shipping giant Sovcomflot, joining the UK and other allies in a fresh bid to clamp down on Putin’s efforts to evade a price cap on crude exports https://t.co/JTRRWMK6vf
Sovcomflot reported a 22.2% year-on-year drop in nine-month revenue to $1.22 billion and said its earnings before interest, tax, depreciation and amortization slumped 31.5% to $861 million.
gcaptain.com/western-sanc...
gcaptain.com/western-sanc...
Western Sanctions Hit Earnings of Russia's Tanker Giant Sovcomflot
Nov 15 (Reuters) – Russia’s leading tanker group Sovcomflot said on Friday that Western sanctions on Russian oil tankers were limiting its financial performance, as it reported falling revenues and co...
gcaptain.com
November 17, 2024 at 3:10 PM
Sovcomflot reported a 22.2% year-on-year drop in nine-month revenue to $1.22 billion and said its earnings before interest, tax, depreciation and amortization slumped 31.5% to $861 million.
gcaptain.com/western-sanc...
gcaptain.com/western-sanc...
Reuters: Indian company Reliance refuses to supply Russian oil by Sovcomflot tankers
Reuters: Индийская компания Reliance отказывается от поставок российской нефти танкерами «Совкомфлота»
Индийская компания Reliance Industries — крупнейшая энергокомпания страны и оператор крупнейшего в мире нефтеперерабатывающего комплекса Jamnagar — не будет покупать российскую нефть, поставляемую танкерами «Совкомфлота»
theins.info
March 20, 2024 at 9:00 PM
Reuters: Indian company Reliance refuses to supply Russian oil by Sovcomflot tankers