Sovcomflot is Russia’s largest shipping company offering a full range of oil, oil product and liquefied gas transportation services. The company is one of the world’s leading tanker owners. It plays an active role in key Russian oil and gas development projects, including operations in harsh ice environments, and successfully competes on international maritime shipping markets. Sovcomflot is 100% owned by the Russian government, which has recently announced plans to partially privatize the company.