Competitive position

According to Clarksons, at the end of the reporting period Sovcomflot Group held the following positions in global shipowner rankings:

1
rank
Arctic shuttle tanker fleet
1
rank
Ice-class tanker fleet
1
rank
Aframax tanker fleet
1
rank
Multifunctional icebreaking vessel fleet
3
rank
Shuttle tanker fleet
5
rank
Size of tanker fleet
5
rank
Ice-class LNG tanker fleet
8
rank
Product tanker fleet

Main competitors of Sovcomflot Group in core business areas are

  • Fredriksen Group, Cyprus;
  • Teekay Corporation, Canada;
  • Euronav N.V., Belgium;
  • Knutsen OAS Shipping, Norway;
  • China COSCO Shipping, China;
  • Mitsui O.S.K. Lines, Japan;
  • Nordic American Tankers (NATS), Norway;
  • Marmaras Navigation, Greece;
  • Dynacom Tankers, Greece;
  • Ocean Tankers (Pte) Ltd, Singapore;
  • Scorpio Group, Monaco;
  • Torm A/S, Denmark;
  • Minerva Marine, Greece;
  • BW Group, Bermuda;
  • Tsakos Group, Greece;
  • MISC, Malaysia.

The global tanker shipping market is considerably fragmented and is characterised by high com-petition and the absence of serious barriers for entry. The SCF Group’s share of the freight market does not exceed 1 %. Any change in this indicator over the past three years is considered immaterial (less than 0.01 %) due the continued presence of a significant number of fleet owners and operators, estimated in total at about 3,200 (including approximately 200 companies with a fleet of 10 or more tankers).

Конкурентное положение