Sovcomflot and Singapore’s Swire Pacific Offshore have ended a three vessel joint venture established in 2006, resulting in the Russian company acquiring two multi-purpose icebreaking platform supply vessels from Swire.
Sovcomflot has acquired the Pacific Endeavour and Pacific Enterprise, Swire’s contribution to the JV, and now exclusively owns, operates and manages all three vessels previously part of the joint venture.
The vessels are under long-term time charter contracts with Sakhalin Energy operating at the Sakhalin-2 project. They will continue to be used for the delivery of supplies and consumables to three production platforms in the Sea of Okhotsk.
Sovcomflot also operates three Aframax shuttle tankers independently and two LNG tankers, in partnership NYK Line, under long-term time charter contracts with Sakhalin Energy.