Russia’s PM signs Decree on transfer of Shipyard Morye (Crimea) to federal ownership

Russian Prime Minister has signed a Decree on transfer of Shipyard Morye (Feodosia, Crimea) to federal ownership. According to the document (No №1992-р, dated October 7, 2015) will be placed under the jurisdiction of RF Ministry of Industry and Trade.

Crimea based shipyard Morye specializes in production of high-speed dynamically supported vessels (hydrofoils, hovercrafts, vessels with air-cavities), boats, pleasure yachts and boats with hull made of aluminum-magnesium alloy.