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Moody’s downgrades Russian Sovcomflot to B1, changes outlook to negative

Sovcomflot is the largest Russian shipping company offering a full range of crude oil, refined petroleum products and liquefied gas transportation services

NEW YORK, December 24. /TASS/. Moody’s has downgraded Russian Sovcomflot’s issuer rating to B1 from Ba3 with a negative outlook, said its statement posted on the official website on Tuesday.

Sovcomflot is the largest Russian shipping company offering a full range of crude oil, refined petroleum products and liquefied gas transportation services.