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Tankers and Gas Russian Federation International

Sovcomflot swings to profit as conventional tankers gain

Russian state-owned shipping company swings to a profit in the first quarter from a loss a year earlier as earnings from conventional tankers rose. But, it is cautious about the sector in the second quarter

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The company expects a sustained recovery in the conventional tankers market towards the end of the year and through 2020

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Tankers and Gas Russian Federation International
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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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