Russian shipowner Sovcomflot (SCF Group) will take the lead in new venture Maritime Arctic Transport, which was set up in June with domestic energy company Novatek.

Asked by Russia’s daily business broadsheet Kommersant how the new company will work, Novatek chief executive Leonid Mikhelson said: “Sovcomflot should take on the leading role in this, especially in terms of management.”

Mikhelson hinted that a foreign partner will also be invited to join this company.