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2011 April 11   15:28

Viborg Shipyard bags PSVs modules contract from AHS

Vyborg Shipyard has signed a sub-contract with Arctech Helsinki Shipyard (AHS) for the construction of modules for two ice-class platform supply vessels (PSVs), the Russian shipbuilder press service said.

The modules are scheduled for delivery in December 2011 and for the second PSV – in Q2, 2012. AHS plans to deliver the two PSVs to Sovcomflot in the spring 2013.

The contract will help Vyborg Shipyard that has faced production decline and layoffs create more jobs.

In May 2010 Rosmorport and Sovcomflot Group signed a memorandum of cooperation with STX Finland Oy, Aker Arctic Technology Inc. and Southeast Trading Oy, specializing in the design and construction of icebreaking and rescue fleet.  

Vyborg Shipyard specializes in the construction of drilling rigs for the development of marine and offshore deposits and vessels of small and medium tonnage. Net loss of VS (to RAS) for the first 9 months of 2010 amounted to RUB 202,651,000 versus net income of RUB 1,227,076,000 a year earlier. The company’s revenues shrank by 2,7 times to RUB 7,849,754,000. In March, VS had to lay off 37.5% of the workers.

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