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2012 August 17   14:28

USC plans to have Far East shipbuilding development strategy in mid-September

United Shipbuilding Corporation (USC) is planning to prepare a development strategy for the Far East direction in mid-September 2012, the Corp. official told PortNews correspondent.

USC President Andrei Dyachkov, who attended the official keel-laying ceremony at Admiralty Shipyards for the SSN Stary Oskol (636.3 Project) in St. Petersburg, said the program for the construction of the Far Eastern JV shipyards Zvezda-DSME and Vostok-Raffles will likely undergo some changes and will get a priority. The program details will be disclosed upon its approval.

Dyachkov explained that the development strategy of the Far Eastern assets will first be considered by the Corporation Board of Directors and then agreed with the relevant ministries and submitted for consideration to the Russian government.

United Shipbuilding Corporation was founded in 2007 as a 100-percent state-owned group of companies by the Presidential Decree № 394 (March 21, 2007). The Corporation consolidates about 70% of the domestic shipbuilding industry and incorporates three regional shipbuilding centers, nine engineering and design offices and 39 dockyards. The Corp’s largest shipbuilding assets include Kaliningrad-based JSC Yantar Shipyard, JSC Admiralty Shipyards (St. Petersburg), JSC PA Sevmash (Severodvinsk), JSC DVZ Zvezda (Vladivostok) and Baltic Shipyard Besides, UCS holds a 50% stake in Arctech Helsinki Shipyard, a joint venture with STX Finland Cruise Oy. The Corporation participates in several major international projects: construction of a new mega shipyard Zvezda-DSME through a JV with Daewoo Shipbuilding & Marine Engeneering (South Korea), the construction in conjunction with Yantai Raffles (Singapore) of Vostok-Raffles Shipyard. The Group builds ships for Russian customers and exports its products to 20 countries.

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