Russian Firm Set to Start Construction on Five LNG-Powered Tankers for Rosneft

by Ship & Bunker News Team
Monday September 5, 2016

Rosneft says it has signed contracts with Russia's Zvezda Shipyard for the construction of the company's five "green" liquefied natural gas (LNG)-fueled 114,000 DWT Aframax tankers.

"Aframax tankers are vessels of new type fueled by natural gas fuel and meeting high environment safety standards as well as new rules for limitation of sulfur oxide and greenhouse gas emission that will be applied in the basins of Baltic and North seas starting 2020," said Rosneft.

The first of the newbuild deliveries are said to be slated for 2019.

Rosneft is said to be planning to use the tankers to export crude and oil products from Baltic ports.

"Signing of contracts as part of new order of Rosneft for Zvezda Shipyard confirms Company's commitment to development of modern shipbuilding complex in the Far East and use of Russian-made vessels in its fleet," said Rosneft CEO Igor Sechin.

"The Company will obtain new vessels meeting strict international environmental safety standards in hydrocarbon transportation."