Search
00
GBAF Logo
trophy
Top StoriesInterviewsBusinessFinanceBankingTechnologyInvestingTradingVideosAwardsMagazinesHeadlinesTrends

Subscribe to our newsletter

Get the latest news and updates from our team.

Global Banking and Finance Review

Global Banking & Finance Review

Company

    GBAF Logo
    • About Us
    • Profile
    • Privacy & Cookie Policy
    • Terms of Use
    • Contact Us
    • Advertising
    • Submit Post
    • Latest News
    • Research Reports
    • Press Release
    • Awards▾
      • About the Awards
      • Awards TimeTable
      • Submit Nominations
      • Testimonials
      • Media Room
      • Award Winners
      • FAQ
    • Magazines▾
      • Global Banking & Finance Review Magazine Issue 79
      • Global Banking & Finance Review Magazine Issue 78
      • Global Banking & Finance Review Magazine Issue 77
      • Global Banking & Finance Review Magazine Issue 76
      • Global Banking & Finance Review Magazine Issue 75
      • Global Banking & Finance Review Magazine Issue 73
      • Global Banking & Finance Review Magazine Issue 71
      • Global Banking & Finance Review Magazine Issue 70
      • Global Banking & Finance Review Magazine Issue 69
      • Global Banking & Finance Review Magazine Issue 66
    Top StoriesInterviewsBusinessFinanceBankingTechnologyInvestingTradingVideosAwardsMagazinesHeadlinesTrends

    Global Banking & Finance Review® is a leading financial portal and online magazine offering News, Analysis, Opinion, Reviews, Interviews & Videos from the world of Banking, Finance, Business, Trading, Technology, Investing, Brokerage, Foreign Exchange, Tax & Legal, Islamic Finance, Asset & Wealth Management.
    Copyright © 2010-2025 GBAF Publications Ltd - All Rights Reserved.

    Editorial & Advertiser disclosure

    Global Banking and Finance Review is an online platform offering news, analysis, and opinion on the latest trends, developments, and innovations in the banking and finance industry worldwide. The platform covers a diverse range of topics, including banking, insurance, investment, wealth management, fintech, and regulatory issues. The website publishes news, press releases, opinion and advertorials on various financial organizations, products and services which are commissioned from various Companies, Organizations, PR agencies, Bloggers etc. These commissioned articles are commercial in nature. This is not to be considered as financial advice and should be considered only for information purposes. It does not reflect the views or opinion of our website and is not to be considered an endorsement or a recommendation. We cannot guarantee the accuracy or applicability of any information provided with respect to your individual or personal circumstances. Please seek Professional advice from a qualified professional before making any financial decisions. We link to various third-party websites, affiliate sales networks, and to our advertising partners websites. When you view or click on certain links available on our articles, our partners may compensate us for displaying the content to you or make a purchase or fill a form. This will not incur any additional charges to you. To make things simpler for you to identity or distinguish advertised or sponsored articles or links, you may consider all articles or links hosted on our site as a commercial article placement. We will not be responsible for any loss you may suffer as a result of any omission or inaccuracy on the website.

    Home > Headlines > First Russian-built ice-class LNG tanker to launch this year, Ifx reports
    Headlines

    First Russian-built ice-class LNG tanker to launch this year, Ifx reports

    First Russian-built ice-class LNG tanker to launch this year, Ifx reports

    Published by Global Banking and Finance Review

    Posted on June 25, 2025

    Featured image for article about Headlines

    MOSCOW (Reuters) -The first Russian-built ice-class tanker for liquefied natural gas is expected to go into operation in the second half of this year at the Arctic LNG 2 plant, Interfax news agency quoted tanker group Sovcomflot as saying on Wednesday.

    International sanctions over Ukraine have led to a shortage of tankers in Russia that can cut through thick ice, preventing Arctic LNG 2 from exporting cargo since the first stage of the plant started operation at the end of 2023.

    The tanker, named Alexey Kosygin after a Soviet statesman, was built at the Zvezda shipyard and is due to join the fleet of vessels for the Arctic LNG 2 plant.

    The tanker, already under U.S. sanctions, started sea trials at the end of last year and the final trial stage is due to begin at the end of this month.

    "If all test parameters are achieved, there is a good chance that the vessel will be put into operation in the second half of this year," Sovcomflot's CEO Igor Tonkovidov told Interfax.

    Russian energy company Novatek, which owns 60% of Arctic LNG 2, has said 15 Arc7 ice-class tankers that are able to cut through two-metre (6.5 ft) thick ice to transport LNG from Arctic projects, will be built at the Zvezda shipyard.

    In total, Novatek has contracted 21 such tankers.

    (Reporting by Oksana Kobzeva and Vladimir Soldatkin. Editing by Mark Potter)

    Related Posts
    Campari's top shareholder regains seized shares after tax deal
    Campari's top shareholder regains seized shares after tax deal
    Two CMA CGM vessels navigate the Suez Canal in sign of easing tension
    Two CMA CGM vessels navigate the Suez Canal in sign of easing tension
    Jared Kushner's withdrawal from Serbia will hurt investment, official says
    Jared Kushner's withdrawal from Serbia will hurt investment, official says
    EU broadens industry compensation for emissions regulation costs
    EU broadens industry compensation for emissions regulation costs
    Zelenskiy says several draft documents prepared after 'productive' U.S. talks
    Zelenskiy says several draft documents prepared after 'productive' U.S. talks
    Italy's government wins upper house confidence vote on 2026 budget
    Italy's government wins upper house confidence vote on 2026 budget
    Greta Thunberg arrested at pro-Palestinian protest in London, campaign group says
    Greta Thunberg arrested at pro-Palestinian protest in London, campaign group says
    UK softens stance on farm tax after months of protests
    UK softens stance on farm tax after months of protests
    WhatsApp complains about restrictions in Russia after reported slowdown
    WhatsApp complains about restrictions in Russia after reported slowdown
    Novo Nordisk's weight-loss challenge in five charts
    Novo Nordisk's weight-loss challenge in five charts
    Spain set to re-enter Germany's top 10 export markets as shipments jump
    Spain set to re-enter Germany's top 10 export markets as shipments jump
    Major central banks deliver biggest easing push in over a decade in 2025
    Major central banks deliver biggest easing push in over a decade in 2025

    Why waste money on news and opinions when you can access them for free?

    Take advantage of our newsletter subscription and stay informed on the go!

    Subscribe

    More from Headlines

    Explore more articles in the Headlines category

    French lawmakers race to pass emergency rollover budget law

    French lawmakers race to pass emergency rollover budget law

    Russia and US discussed 'irritants' in relationship, key issues unresolved, Interfax reports

    Russia and US discussed 'irritants' in relationship, key issues unresolved, Interfax reports

    Why the boss of a Russian defence factory set fire to himself on Red Square

    Why the boss of a Russian defence factory set fire to himself on Red Square

    Cricket-England to probe reports of excessive drinking during Ashes break

    Cricket-England to probe reports of excessive drinking during Ashes break

    Novo Nordisk shares jump almost 8% after US approves Wegovy pill

    Novo Nordisk shares jump almost 8% after US approves Wegovy pill

    Two killed in underground explosion at Polish coal mine

    Two killed in underground explosion at Polish coal mine

    Poland scrambles aircraft after Russia strikes Ukraine, Polish armed forces say

    Poland scrambles aircraft after Russia strikes Ukraine, Polish armed forces say

    Novo's Wegovy pill to test demand from consumers with cash

    Novo's Wegovy pill to test demand from consumers with cash

    EU plans checks against cheap plastic imports, FT says

    EU plans checks against cheap plastic imports, FT says

    New car sales in Europe rise for fifth month helped by EVs

    New car sales in Europe rise for fifth month helped by EVs

    Russian air attack on Ukraine kills three and sparks sweeping outages

    Russian air attack on Ukraine kills three and sparks sweeping outages

    Ukrainian drone attack sparks fire at industrial site in Russia's Stavropol region, governor says

    Ukrainian drone attack sparks fire at industrial site in Russia's Stavropol region, governor says

    View All Headlines Posts
    Previous Headlines PostBody found in search of Swiss village buried by glacier debris
    Next Headlines PostEU General Court dismisses Ryanair's action on EU aid to Germany's Condor