FLOT fundamentals

Sovcomflot OJSC engages in maritime transportation of hydrocarbons, as well as servicing the offshore exploration and production of oil and gas. It operates through the following segments: Crude Oil Transportation, Oil Product Transportation, Gas Transportation, Offshore Development Services, and Others. The Crude Oil Transportation segment transports mainly crude oil for the group's customers worldwide. The Oil Product Transportation segment transports mainly refined petroleum and other oil products and chemicals for the group's customers worldwide. The Gas Transportation segment transports LNG and LPG. The Offshore Development Services segment contains the group's shuttle tankers and specialized supply vessels. The Others segment comprises bulk cargo carriers and seismic vessels. The company was founded in 1988 and is headquartered in Moscow, Russia.