St. Petersburg Govt., USC agree to base Admiralty Shipyards on Kotlin Island
In the framework of the St. Petersburg Economic Forum the Government of St. Petersburg and United Shipbuilding Corporation (USC OJSC) signed an agreement. The signing ceremony was attended by Admiralty Shipyards OJSC, Almaz-Antey Concern OJSC and Russian Federation Sberbank, the USC press service said.
The agreement between St. Petersburg and USC will allow relocation of Admiralty Shipyards facilities from Novo-Admiralty Island in Kronstadt to Kotlin Island on a single construction site.
The project will help USC boost creation of a modern universal shipbuilding complex with dry dock in the west of the country and increase production efficiency and logistics solutions. For the city the vacant area of about 17 hectares will be used for the construction of residential, commercial and social facilities. St. Petersburg could build up to 200 thousand square meters of estate, the USC said.
The shipyard relocation project is a priority for USC running upgrade program of state-owned shipbuilding facilities. Admiralty Shipyards will be equipped with the state-of-the-art equipment and new technologies. USC is pursuing a special status for future Kotlin Shipyard, namely, to get rid of certain taxes, and remove taxes and duties from imported components. Relevant provisions are contained in the bill "On Measures to support shipping and shipbuilding in the Russian Federation", which is scheduled to be adopted in July 2010.
Relocation of the Admiralty Shipyards’ shipbuilding facilities will be carried out in several steps. First, the new bridge will be constructed to link Vasilevsky Island with Novo-Admiralty Island with access to the urban road network of the Admiralty district. The bridge construction will begin in 2011.
The next step will be the relocation of the remaining capacity of Novo-Admiralty Island. At the final stage, all of the Shipyards’ facilities will be moved to the Kotlin Island to be concentrated in one place.
"The agreement between the Government of St. Petersburg, Admiralty Shipyards, and the United Shipbuilding Corporation - is not only a big step forward in the development of shipbuilding industry of St. Petersburg and Russia. This document opens up unprecedented prospects for urban development of St. Petersburg,” Valentina Matvienko, the Gov. of St. Petersburg said at the ceremony, “St. Petersburg is the naval capital of Russia, the largest center for domestic shipbuilding industry. We appreciate that the United Shipbuilding Corporation opened its head office in our town 1.5 years ago. Merging of Russian shipyards capabilities brings together the shipbuilders to modernize the industry, enhancing its competitiveness in world markets," Valentina Matvienko was quoted as saying.
USC said the shipyards relocation project would not affect the timetable of building of vessels in the portfolio of Admiralty Shipyards.
"The new place for Admiralty Shipyards has obvious convenience” the USC’s President Roman Trotsenko said, “Kotlin Island is located near the sea canal, which will allow large-capacity vessels to enter directly to the shipyard and to unload equipment there. The project gives the city additional opportunities for construction on the vacant territory”.
United Shipbuilding Corporation is the largest holder of shipbuilding, ship repair and design assets in the Russian shipbuilding industry. Russian Government holds a 100% stake the corporation.
Admiralty (Admiralteysky) Shipyards (part of the Western Center of Shipbuilding of United Shipbuilding Corporation), was founded back in 1704. Admiralty Shipyards is specialized in building of submarines. To date, the Shipyard has built over 300 submarines (including 41 nuclear-powered ships), 68 deep and underwater vessels.