Main competitors of Sovcomflot Group in core business areas are:

• Fredriksen Group, Cyprus;
• Teekay Corporation, Canada;
• Euronav N.V., Belgium;
• Knutsen OAS Shipping, Norway;
• China COSCO Shipping, China;
• Mitsui O.S.K. Lines, Japan;
• Dynacom Tankers, Greece;
• Scorpio Group, Monaco
• Torm A/S, Denmark
• Minerva Marine, Greece;
• BW Group, Bermuda
• Tsakos Group, Greece;
• MISC, Malaysia.

The Group’s share of the freight market does not exceed 1%. Any change in this indicator over the past three years is considered immaterial (less than 0.01%) due to the high degree of fragmentation on the tanker transportation market and the continued presence of a significant number of operators, estimated in total at about 3,200 (including approximately 200 companies with a fleet of 10 or more tankers).

According to Clarksons, at the end of the reporting period Sovcomflot Group held the following positions in global shipowner rankings: