Zvezdochka, ABB Marine OY ink delivery and service contract

Zvezdochka Shipyard signed on June 27, 2012 a framework agreement with Finland’s ABB Marine OY for spare parts supply and service of screws for the Azipod propulsion sets, which had been delivered to the Finnish partner earlier, the Russian shipbuilder said. The service contract is valued at USD 120 million a year.

Severodvinsk-based Shipbuilding Center ‘Zvezdochka’ is a diversified shipbuilding enterprise. It has two covered slipways with 7 shipbuilding sites which are designed for overhaul and construction of vessels with a launching weight of up to 18,000 tons. The firm is majority owned by Northern Shipbuilding and Ship Repair Center, part of JSC United Shipbuilding Corporation.