Archive through April 2009


Dec 2, 2000
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From Novosti:

Russia will consolidate its shipbuilding industry
quote:

MOSCOW. (Viktor Litovkin for RIA Novosti) - Russia's shipbuilding industry, as well as its aviation industry, has launched a sweeping modernization program.

President Vladimir Putin has signed decrees setting up a United Shipbuilding Corporation (known by its Russian initials, OSK) to consolidate large federal companies engaged in shipbuilding. Within the next few months, three regional subholdings will be formed. One of them - the Western Center - will unite shipbuilding companies in St. Petersburg and Kaliningrad. The Northern Center will take care of all Severodvinsk plants in the Arkhangelsk Region, and the Far Eastern Center will bring together companies located in Komsomolsk-on-Amur, Vladivostok and Nakhodka. 100% of shares in the holdings will be federally owned, and by January 1, 2009, they will be contributed to the authorized capital of the OSK, which will be headed by Colonel General Alexander Burutin, a presidential adviser on military industrial affairs.
Story at http://en.rian.ru/analysis/20070403/63019078.html
 
Dec 2, 2000
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From Defence News.com:

Russia to Launch New Nuclear Submarine
quote:

Russia on April 15 will launch its first new strategic nuclear submarine since the downfall of the Soviet Union, Deputy Prime Minister Sergei Ivanov told the Interfax news agency April 9.
"This is the first time in 17 years that we are building such a submarine. Another year will be needed to technically equip it in water and to arm it," Ivanov said at a government meeting, attended by President Vladimir Putin
Story at http://www.defensenews.com/story.php?F=2672687&C=europe

Comment: Ambitions are one thing, realizing them is quite another. Since quite a few of Russia's fleet ballistic missile submarines are getting long in the tooth, they really need to get a replacement program going if they mean to maintain this part of their nuclear forces as a credible deterrant. The catch of course, is funding. They need it, haven't had it, and money is still tight. Expect a long fitting out before even the first boat finally goes to sea.
 
Dec 2, 2000
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From Business Week:

Russian shipyard loses contract
quote:

A Russian shipyard lost a contract with a Norwegian company worth more than $500 million because of production delays and price increases -- a situation Russian media described Tuesday as a reflection of inefficiencies in the nation's heavy industries.

Odfjell SE announced last week that it was canceling the contract with the Sevmash plant for up to 12 bulk chemical product carriers, saying its terms were violated. Odfjell also said it would claim full compensation for its costs and losses caused by what it called "willful misconduct and massive contract breaches."
For the rest, see http://www.businessweek.com/ap/financialnews/D8V24UOO0.htm
 
Dec 2, 2000
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From The Maritime Global Net:

AKER SELLS THREE YARDS TO RUSSIAN FIRM
quote:

Norwegian shipbuilder Aker Yards has sold a 70% share of its merchant vessels division to Russian state-run investment company FLC West for Eur292m. The deal will give FLC complete control of the company’s yards in Nikolaev (Ukraine), Wismar and Warnemunde (Germany).
More at http://www.mgn.com/news/dailystorydetails.cfm?storyid=8654&type=2
 
Dec 2, 2000
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From The Hellenic Shipping News:

Norilsk Plans to Build Nuclear Icebreaker for Arctic Navigation
quote:

OAO GMK Norilsk Nickel, the world's biggest producer of the metal, may spend as much as 200 million euros ($314 million) to build a nuclear-powered icebreaker to ship raw materials in the Russian Arctic. The Moscow-based company plans to lease two nuclear-powered icebreakers from state-owned Rosatom Corp. between now and 2014, when those ships will be decommissioned and the new vessel will be ready...
More at http://www.hellenicshippingnews.com/index.php?option=com_content&task=view&id=3916&Itemid=79
 
Dec 2, 2000
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From Russia Today:

Putin the PM appeals to shipbuilders
quote:

During his first working visit to St. Petersburg as Prime Minister Vladimir Putin has visited the city’s federal shipyard. While there, he called on the country to improve its competitiveness in ahipbuilding , as well as providing maritime services.

In his first week on the job Prime Minister Putin is taking up where President Putin left off.
More at http://www.russiatoday.ru/business/news/24696
 
Dec 2, 2000
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From The Hellenic Shipping News:

Russia Is Intent on Restoring Its Status as a Great Sea Power
quote:

Over the past decade, Russia’s commercial armada, once one of the strongest in the world, has been reduced from 1,800 ships to 172. When Peter the Great laid the foundation for the Russian merchant fleet more than 300 years ago, he could not have imagined that his plans would meet such a fate. While official statistics say that Russia controls more than 1,500 merchant vessels, most of the ships they are counting are vessels that work for Russian shipping companies, but that are registered in other countries. Hundreds of Russian ships are presently registered at ports in Liberia, Panama, Malta and other countries that offer ship owners extremely favorable conditions. These conditions include minimal taxes, simplified documentation procedures and no requirement to observe the norms of international seafaring–including the protection of the rights of crew members.
Full story at http://www.hellenicshippingnews.com/index.php?option=com_content&task=view&id=8489&Itemid=79
 
Dec 2, 2000
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From Offshore247:

Vyborg sets first Shtokman keel
quote:

Russia’s Vyborg Shipyard has seen a ceremony to mark the start of construction on the first of two semi-submersible platforms which will be built to serve the Barents Sea Shtokman project.

The keel laying ceremony for the semi-submersible floating drilling rig - dubbed SSFDR - took place watched by a delegation from Gazflot,...
Full story at http://www.oilport.net/news/article.asp?Id=10831
 
Dec 2, 2000
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From The Hellenic Shipping News:

Over 32% of all Russian shipbuilding contracts to transfer to leasing basis by 2011
quote:

By 2011, at least 32% of total shipbuilding orders within the backlog of Russian companies are likely to be transferred to a leasing basis according to the Strategy for Development of Shipbuilding Industry till 2020 and Later, PortNews IAA learnt from Arseni Brykin,
More at http://www.hellenicshippingnews.com/index.php?option=com_content&task=view&id=20734&Itemid=79
 
Dec 2, 2000
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Dec 2, 2000
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Easley South Carolina
From InsuranceNewsNet:

Lloyd's Register: Russia's Primorsk Shipping Corporation Names First Ship Built To Lloyd's Register Winterisation Rules At STX Shipyard In Korea
quote:

The first vessel built to comprehensive new global standards for ice-class vessels was unveiled today when the Primorsk Shipping Corporation (PRISCO) named the MV Prisco Alexandra, a 51,000 deadweight-tonne product tanker built in Korea to rules developed by Lloyd's Register.
More at http://www.insurancenewsnet.com/article.asp?n=1&neID=200811103600.3_094a00179ad73312
 
Dec 2, 2000
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Dec 2, 2000
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Easley South Carolina
From The Hellenic Shipping News:

New icebreakers, platforms and tankers for Russia
quote:

The Russian government plans a massive development of new civil vessels and offshore oil installations. To achieve that, several new federal shipyards need to be built. Minister of Industry and Trade Viktor Khristenko believes the powerful Russian shipbuilding industry should concentrate on the construction of civil vessels.
More at http://www.hellenicshippingnews.com/index.php?option=com_content&task=view&id=35582&Itemid=79
 
Dec 2, 2000
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From The Motor Ship:

Samsung signs MoU with USC
quote:

Samsung Heavy Industries has signed a memorandum of understanding with United Shipbuilding Corporation (USC), a Russian state shipbuilding holding,

USC is seeking to modernize Russian shipyards and unite them in three regional groups (west, north and Far East).
More at http://www.motorship.com/currentnews/article.asp?ARTICLEID=7205
 

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