Composition of the fleet
Taking into account reclassification of Zaliv Baikal and Zaliv Vostok from the product tanker category to the shuttle tanker category.
|Vessels by type||Number of vessels||Total deadweight, ‘000 tonnes|
|Crude oil tankers||53||56||53||6,999||7,424||7,006|
|Product tankers||45||45Governor Farkhutdinov is included in the shuttle tanker category according to the information disclosed in the consolidated financial statements of PAO Sovcomflot for 2020 prepared in accordance with IFRS.||48||2,814||2,814||3,071|
|Shuttle tankers||19Governor Farkhutdinov is included in the shuttle tanker category according to the information disclosed in the consolidated financial statements of PAO Sovcomflot for 2020 prepared in accordance with IFRS.||19||16||1,552||1,552||1,301|
|LNG and LPG carriers||15||13||13||1,073||887||870|
|Dry bulk carriers||2||2||2||149||149||150|
|Multifunctional icebreaking vessels||10||10||10||41||42||38|
|Seismic exploration vessels, chartered vessels||1||2||2||2||6||7|
In 2020 the Company continued to add new vessels to its fleet in accordance with the adopted strategy and long-term development programme aimed at promoting growth and renewal of the fleet as well as its technological enhancement and improvements in energy efficiency. During the year the SCF Group fleet was augmented by two vessels delivered by shipyards under previously concluded shipbuilding contracts (for more details see the Implementation of the shipbuilding programme section of this Annual Report).
The Long-Term Development Programme of PAO Sovcomflot provides for timely disposal of older vessels, as dictated by market conditions and prescribed by conventions, registries, and other national and international requirements (those of the International Maritime Organisation, classification societies, and charterers). In 2020 Sovcomflot Group sold two Suezmax crude oil tankers and one Aframax tanker aged above 15 years each in the second-hand vessel market. One chartered vessel was redelivered to the owner due to the termination of the bareboat charter.
Therefore, in 2020 the number of vessels in the Group’s fleet decreased by 1.4%. The total deadweight of the fleet increased by 244,000 tonnes or by 1.9%.
The average age of the Group’s fleet at the end of 2020 was 11.6 years, which is 10.8% less than the average for leading tanker companies (according to Clarksons).
|Vessels by type||Average age in years|
|Crude oil tankers||12.3|
|LNG and LPG carriers||8.2|
|Dry bulk carriers||8.0|
|Multifunctional ice-breaking vessels||8.8|
|Research vessels and chartered vessels||9.4|
|SCF Group fleet||11.6|