• 2011 July 10

    USC eyes new shipbuilding assets


    United Shipbuilding Corporation (USC) believes the acquisition of shipyards specializing in the construction of river-sea going vessels as promising. USC mulls over acquisition of Krasnoye Sormovo Shipyard, Okskaya Shipyard and Nevsky Shipbuilding and Ship Repair Yard. On the other hand, the Corporation loses interest in buying Baltic Shipyard which, according to the Accounting Chamber’s audit has been on the verge of bankruptcy. USC now stake more on the construction of a new shipyard at the Kotlin Iceland. As to a modern super shipyard project on the bases of Northern Shipyard in Primorsk, the Corp. management now considers it as unfeasible.