PAO Sovcomflot 2018 AR2
The report outlines the operational, financial, and sustainable development performance of Sovcomflot Group for the fiscal year 2018. Despite challenging conditions in the global tanker market, the company achieved an operating profit of USD 187.3 million and expanded its industrial business portfolio, particularly in liquefied gas transportation and offshore services. A key highlight was the deployment of the world's first LNG-fuelled Aframax crude oil tankers, setting a new environmental standard in maritime shipping. The group also maintained high safety standards, reporting a Lost Time Injury Frequency of 0.53, and continued its extensive support for professional maritime education and regional environmental initiatives.
Company: PAO Sovcomflot
Sector: Transport & logistics
Country: Russia
Year: 2018
Type: AR2
Pages: 117
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PAO Sovcomflot
Annual Report
The report outlines the operational, financial, and sustainable development performance of Sovcomflot Group for the fiscal year 2018. Despite challenging conditions in the global tanker market, the company achieved an operating profit of USD 187.3 million and expanded its industrial business portfolio, particularly in liquefied gas transportation and offshore services. A key highlight was the deployment of the world's first LNG-fuelled Aframax crude oil tankers, setting a new environmental standard in maritime shipping. The group also maintained high safety standards, reporting a Lost Time Injury Frequency of 0.53, and continued its extensive support for professional maritime education and regional environmental initiatives.
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Document Details
Report Year
2018
Reporting Period
Jan 1, 2018 - Dec 31, 2018
Fiscal Year
2018
Published
Apr 15, 2019
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Employees