"Funds from the sale of part of Sovcomflot shares will be channeled… to the construction of nuclear-powered icebreaker. The decision has been made", Mr. Ivanov said.
OJSC Sovcomflot (Modern Commercial Fleet) is Russia's largest shipping company, one of the world's leading energy carriers, one of the five top tanker companies in the world. The company operates a fleet of 150 vessels with total deadweight of 10,93m tons, it’s newbuilds program - 9 vessels with total deadweight of about 0.69 million tons. The average age of the tanker fleet is 6,4 years.
Russian government has planned the sale of 50% (- 1 share) of its stake in Sovcomflot in 2011-2013. By 2015, the government may sell the controlling stake in the company.
Russian fleet of nuclear-powered vessels is operated by Rosatom’s Atomflot. There are only five nuclear icebreakers in Russia for operations in the Arctic. Atomflot CEO Vyacheslav Ruksha has repeatedly stated the necessity of developing nuclear icebreakers fleet. According to him, the country needs to build 3 or 4 new double-draft nuclear-powered icebreakers.