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Home World News

Russia’s first ice-class LNG carrier begins sea trials

December 30, 2024
in World News
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Russia’s first ice-class LNG carrier begins sea trials
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Russia’s first ice-class LNG carrier has begun sea trials, advancing its efforts to expand in the global LNG market despite US sanctions, reported Reuters.

The Alexey Kosygin tanker, named after a Soviet statesman, was built at the Zvezda shipyard and will join Russia’s Arctic LNG 2 fleet, which has been delayed due to US sanctions over the Ukraine conflict.

The US Treasury has imposed sanctions on the new vessel, which was ordered by Russia’s premier tanker group Sovcomflot to be built at Zvezda.

According to LSEG ship-tracking data, the tanker is currently anchored near Vladivostok, a Pacific port. Sovcomflot has not responded to any inquiries on the matter.

Novatek, holding a 60% stake in Arctic LNG 2, has disclosed plans for the construction of 15 Arc7 ice-class tankers at Zvezda shipyard.

These tankers will be capable of navigating through ice up to 2m thick and will be essential for transporting LNG from Arctic ventures.

A source with knowledge of the situation reported that Novatek ceased commercial operations at the sole operational train of its Arctic LNG 2 project in October and does not intend to resume operations during the winter season.

Ice-class tankers are typically equipped with double hulls and fortified propellers to endure the rigours of ice pressure.

To date, only three tankers suitable for Arctic LNG 2 have been publicly reported: the Alexey Kosygin, along with the Pyotr Stolypin and Sergei Witte vessels.

Hanwha Ocean, previously known as Daewoo Shipbuilding & Marine Engineering, was contracted to construct six additional Arc7 tankers, including three for Sovcomflot and three for Japan’s Mitsui O.S.K. Lines.

However, the orders placed by Sovcomflot for the three tankers were annulled last year due to the sanctions, as confirmed by Hanwha in regulatory filings.

“Russia’s first ice-class LNG carrier begins sea trials” was originally created and published by Offshore Technology, a GlobalData owned brand.

 


The information on this site has been included in good faith for general informational purposes only. It is not intended to amount to advice on which you should rely, and we give no representation, warranty or guarantee, whether express or implied as to its accuracy or completeness. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content on our site.

Tags: Alexey KosyginICELNG carrierLNG marketRussiasea trialsSovcomflotUS sanctionsZvezda shipyard
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