SCF Group and VEB.RF Group, a Russian financial institution, signed an agreement for lease financing of the lead ship in a series of icebreaking LNG carriers expected to be built to serve the Arctic LNG 2 project.

Alfa Laval is not an engine maker, but is nonetheless playing a key role in the move towards LNG propulsion.

Two large-capacity Sovcomflot tankers using cleaner-burning LNG as a primary fuel, Mendeleev Prospect and Lomonosov Prospect, have successfully completed their respective voyages eastbound along the Northern Sea Route (NSR). 

GTT - the LNG containment system designer has received approval in principle (AiP) for its Mark III Flex system at Gastech 2019 in Houston.

Lloyd's Register (LR) has signed an agreement for a joint development project (JDP) with China Merchants Energy Shipping Co., Ltd. (CMES), CNOOC Gas and Power Group, Dalian Shipbuilding Industry Co., Ltd. (DSIC), and GazTransport and Technigaz SA (GTT) to design an LNG-fuelled Very Large Crude Carrier (VLCC).

Joint venture companies belonging to Sovcomflot (SCF Group) and NYK Line have signed a new USD 176 million non-recourse credit facility for eight years with three leading international banks: Sumitomo Mitsui Banking Corporation of Japan (through its German subsidiary, SMBC Bank EU AG); Société Générale of France, and Shinsei Bank of Japan.