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Sovcomflot and Novatek JV seal financing and charters for LNG carrier quartet

Smart LNG, the new Russian venture between Sovcomflot and Novatek, has signed financing and time charter agreements for four icebreaking LNG carriers for the Arctic LNG 2 project.

The company has signed an agreement with VEB.RF Group for the lease financing of the four vessels, and also sealed long-term time charters for the vessels with Arctic LNG 2 LLC.

The vessels will be constructed at Zvezda Shipbuilding Complex, and the design based on the 2017-built Christophe de Margerie.

Sovcomflot and Novatek established Smart LNG in September 2019 to own and operate a fleet of LNG carriers serving Novatek projects.

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Grant Rowles

Grant spent nine years at Informa Group based in London, Sydney, Hong Kong and Singapore. He gained strong management experience in publishing, conferences and awards schemes in the shipping and legal areas, working on a number of titles including Lloyd's List. In 2009 Grant joined Seatrade responsible for the commercial development of Seatrade’s Asia products. In 2012, with Sam Chambers, he co-founded Asia Shipping Media.
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