PUBLIC JOINT-STOCK COMPANY "SOVKOMFLOT" lowered debt and reduced fleet to 111 vessels

@Vedomosti
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PUBLIC JOINT-STOCK COMPANY "SOVKOMFLOT", one of the largest tanker operators in the world, EU and United Kingdom, reduced fleet to 111 vessels and lowered debt to $1,7 billion. The share of the put vessels, thus, was reduced to 10% of fleet, follows from the press release. PUBLIC JOINT-STOCK COMPANY "SOVKOMFLOT" reported that finished a number of actions, "the credit obligations of group directed on restructuring that promoted release of considerable part of fleet from under encumbrances". "As a result of the undertaken actions the number of courts as a part of fleet of society made 111 units, a share of the put vessels...