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Ship operations Russian Federation Sovcomflot

Mega-merger will open up Arctic region

  • News

THE $5bn mega-merger of state-owned companies Sovcomflot and Novoship, finally signed off by President Putin on June 20, will offer the Russian state the means to tap the strategic potential offered in the Arctic region, according to Moscow officials.

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This copy is for your personal, non-commercial use. For high-quality copies or electronic reprints for distribution to colleagues or customers, please call UK support at +44 (0)20 3377 3996 / APAC support at +65 6508 2430

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