Sovkomflot and Novoship have acquired Spanish shipping company Marpetrol
Sovkomflot OJSC and Novoship OJSC following the results of competition selection have acquired on parity basis Spanish shipping company W.W. Marpetrol, S.A. According to Yuga. Ru, this information was provided by on of Russian companies. The agreement was signed on August 2 in Madrid. Company’s representative noted the deal means that Sovkomflot OJSC and Novoship OJSC enter the market of sea transportation of chemical cargo, “that would expand the range of services to be rendered by Russia’s sea carriers to domestic and foreign customers among oil-and-gas companies”. Marpetrol owns and operates the fleet consisting of 12 modern chemical tankers of deadweight from 5 thou tons to 20 thou tons. Total deadweight of the company’s fleet is 130 thou tons. Average age of the tankers is 4.4 years old, all of them are double-hulled vessels. According to the results of annual meeting of the Marpetrol’s shareholders, held on Wednesday, the new board of directors of the Spanish company includes: Sergei Terekhin, president of Novoship, Nils Iversen, former top-manager of Majersk and и Novoship UK companies, Vladimir Lebedev, managing director of Novoship UK, Sergei Popravko, managing director of Yunikom company, Nickolas Fejrfax, deputy to managing director of Sovkomflot UK, Nickolai Kolesnikov, deputy general director of Sovkomflot.
Acquisition of Marpetrol is completely in compliance with Sovkomflot’s strategy as regards industrialization of its business through establishment and development of long-term relations with first-class customers among energy companies. It also reinforces the position of large Russian shipping company at the European market of chemical cargo transportation as well as domestic shipping market as a large importer of liquefied natural gas. The fleet of Sovkomflot includes 52 vessels with total deadweight over 4.1 million tons. The company specializes on sea transportation of energy products. Of this total number of vessels 41 tankers have summed deadweight of over 3.9 mln tons. Novoship’s fleet includes 58 modern vessels with total deadweight of 3 million 550 thou tons and average age of 10.4 y.o. The company specializes on transportation of energy products.
