• 2019 January 29

    Deputy Prime Minister Yury Borisov

    On increasing the share of Russian shipping companies in total volume of transportation

    - It is necessary to define measures focused on expansion of the commercial fleet, improvement of its competitiveness and general increase of its share in foreign trade cargo transportation. 

    The Government pays special attention to the issue of fleet renewal. The conditions to secure certain cargoes for national ship owners have been created by the legislative level. 

    Among state support measures encouraging ship owners to renew their fleets are subsidies covering part of interest rates on loans and leasing payments; subsidies for companies placing orders for commercial ships at domestic shipyards to replace the scrapped ships (so called “utilization grant”); subsidies for arranging high-speed passenger transportation in the Azov-Black Sea Basin  and for implementation of leasing programmes. 

    Form the keynote speech at the meeting of RF Government’s Marine Board.