Sovcomflot continues corporate reshuffle as it creates another sanctioned tanker entity
Having shifted 65% of its fleet away from its sanctioned Dubai shipmanagement arm to a new entity last year, Sovcomflot has created another new St Petersburg entity, this time to take on a US sanctioned tanker
Sovcomflot has been moving its fleet around new corporate entities and finding new flagging arrangements for its tankers, in the wake of successive sanctions targeting both specific ships and subsidiary companies
