Russian shipowner Sovcomflot (SCF Group) and Novatek have deepened their ties in LNG shipping with a new joint venture.

The company, called Smart and registered in Vladivostok, will "ensure safe year-round maritime LNG logistics from the Arctic LNG 2 and other current and prospective projects of Novatek," the companies said.

Smart will provide technical designs for future vessels, place shipbuilding orders and supervise the technical aspects of their construction.