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Revenue of Sovcomflot from 2017 to 2024 (in million U.S. dollars)

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Source

Release date

March 2025

Region

Russia

Survey time period

2017 to 2024

Supplementary notes

The statistic has been assembled using several reports by the source.
Figures have been rounded.

Citation formats

Sovcomflot revenue 2017-2024

Published by ÌÇÐÄÆƽâ°æ Research Department, Aug 27, 2025

In 2024, the annual revenue of the Russian largest shipping company, Sovcomflot, reached around **** billion U.S. dollars, marking a decrease from the previous year.

Somcomflot is a state-owned company specializing in the transportation of crude oil, liquefied gas, and petroleum products, as well as the servicing of offshore oil and gas exploration projects in Russia and around the world. Following the Russia-Ukraine war that started on February 24, 2022, the company relocated the management of its vessels to the United Arab Emirates. Both the United States and the European Union (EU) imposed sanctions on the vessels operated by the company.

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