• 2020 February 13 15:31

    IDF provides Vyborg Shipyard with RUB 700 million loan for construction of trawlers and crab catchers

    Industrial Development Fund (IDF) will provide Vyborg Shipyard PJSC (a company of United Shipbuilding Corporation) with RUB 700 million under USC’s guarantee, USC says in a press release.

    That amount will be spent for production of trawlers and crab catchers.

    “IDF will grant the company RUB 700 million at 1% per annum for the first three years and 5% per annum for the remaining two years. The project features a bright aspect of import substitution: trawlers and crab catchers are mainly built by foreign shipyards today. We expect the shipyard to start producing such ships in 2021 thus decreasing the share of foreign manufacturers in the domestic market”, says IDF Director Roman Petrutsa.

    According to USC head Aleksey Rakhmanov, the first project involving IDF will let Vyborg Shipyard obtain “new competence on production of sophisticated goods, install modern equipment and ensure high quality of output to meet the customers’ high demands”.  

    With the loan granted by IDF, Vyborg Shipyard will purchase modern equipment that will contribute to modernization of its facilities and build up serial production of fishing trawlers and crab catchers 1.3 times. Those ships will be among the largest ones for bottom fishing in the Northern Basin. Their length will be 86 m, breadth – 17 m, depth – 10.1 m.

    Each ship will be equipped with a modern plant for processing and production of fillet, fish meal, fish oil as well as a canning plant and freezing equipment. The trawlers will be fitted with powerful cargo cranes and a trawl complex of the latest generation .

    Each trawler's production capacity will be up to 180 tonnes of fish per day. With their Ice4 class, the ships will let expand the catch geography.

    Among the key customers are fishing and crab catching companies of the Murmansk, Arkhangelsk and Far East regions.

    According to Vyborg Shipyard, 80-90% of fishing ships owned by Russian fishing companies are built by foreign shipyards. With the project implementation, this share is to be decreased to 75%-80%.

    United Shipbuilding Corporation (USC OJSC) is the largest shipbuilding company in Russia. It was set up in 2007 with 100% federal ownership. The holding comprises 40 companies and organizations (major shipbuilding and shiprepairing companies as well as leading design bureaus). Currently, USC consolidates the bulk of the domestic shipbuilding complex. The Russian market is the main focus of the state corporation though it also exports its products to 20 countries worldwide.
    Vyborg Shipyard PJSC (part of state-owned United Shipbuilding Corporation from 2012) is one of the largest shipbuilding companies of the North-Western Region of Russia. From the date of its foundation in 1948 the Shipyard has built 210 different vessels, 9 offshore drilling rigs and 105 topside modules for fixed offshore platforms with total displacement of over 1,550,000 t.




2020 November 24

17:06 MOL & Miura to сonduct demonstration test with microplastic collection device installed on newbuilding wood chip carrier
16:32 Investors commit billions at Lagos Free Zone in Nigeria
15:03 Incat Crowther releases details of next ShadowCAT concept
14:22 Maqta Gateway and TruKKer to сollaborate on digital truck booking services through “MARGO”
13:14 The schedule of port charges for the ports of Bremen to be adjusted due to Corona pandemic
12:11 Diana Shipping reports financial results for Q3 2020
12:05 The Arktika icebreaker accomplishes its first task in the Northern Sea Route basin
11:32 Port of Hamburg сontainer throughput down 4.9 percent to 2.3 million TEU in Q3 2020
11:25 A WWII air bomb defused near Novorossiysk based CPC Terminal
11:09 CMA CGM to launch the TURKEY MED EXPRESS 2
10:04 MABUX: Bunker market this morning, Nov 24
09:46 Crude futures prices rise on vaccine hopes
09:22 Baltic Dry Index as of Nov 23
09:02 East Coast Australia JIP delivers a new interactive dashboard for LNG forecast

2020 November 23

18:24 North P&I Club pre-renewal report confirms corrective response to market challenges
18:00 RF Government is set to reorganize the structure of development institutions
17:13 4th International Congress “Hydraulic Engineering Structures and Dredging” slated for 25-26 February 2021
16:34 Damen completes Eidsvaag Opal conversion
16:28 STLC and VEB-Leasing to be consolidated into Unified Leasing Company
16:05 Aker Solutions wins maintenance and modifications contract in Brazil from Equinor
15:41 Vard secures contract for eight marine robotic vessels
15:17 RF Transport Ministry confirms its intention to introduce investment charges in seaports from 2021
14:53 Hydrographic boat of Project 19920 joins RF Navy’s Northern Fleet
14:31 Concordia Maritime CFO resigns from his position
14:09 Friendship 2020 joint exercise of the Egyptian Navy and the Russian Navy Bridge ends at the Black Sea Fleet
13:25 Ningbo Containerized Freight index rises by 19.8% in November 2020
12:34 Average spot market price for Russian M100 product climbed to RUB 13,184 pmt
12:12 The UK could increase its ambitions for renewable energy at a lower cost to consumers, new Wärtsilä analysis finds
12:02 Chinese ports container throughput down 0.03% to 217.2 million TEU from January to October 2020
11:53 Global Ports and TransContainer launch expedited delivery of pellets from Siberia to Europe via Saint Petersburg
11:11 Brodosplit lays keels for two coastal patrol vessels
10:19 HELCOM revamps its tool for tracking implementation progress
10:12 MacGregor supports China’s Lingshui 17-2 gas field development
09:57 MABUX: Bunker Market this morning, Nov 23
09:41 Container throughput of port Shanghai (China) in 10M’20 fell by 1.7%
09:25 Oil prices rise on hope for demand recovery
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2020 November 22

16:23 Ørsted and NABTU sign landmark MOU for U.S. offshore wind workforce transition
15:18 Port Canaveral cruise terminal parking to feature E-PASS® contactless transaction technology
14:21 USCG Cutter Stratton returns home after crewmembers test positive for COVID
13:26 New Wallenius SOL service delivers 200,000 extra tonnes of paper reels to PSA Zeebrugge terminal
12:18 Port NOLA's Brandy D. Christian receives 2020 C. Alvin Bertel Award
11:41 BPA announces the release of UK Ports industry magazine
10:42 Coast Guard Cutter Diligence returns to homeport from Caribbean patrol

2020 November 21

16:12 Impact assessment agency of Canada interim report an incomplete analysis omitting a number of important facts
15:49 Cummins introduces X15 Stage V solution for European inland waterways
15:18 Belfast Harbour supports launch of Maritime Belfast Trust
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13:39 Armstrong Marine USA of Port Angeles, Wa. launches new identity as BRIX MARINE
12:24 Mackay provides electronics package for two Vigor-built pilot boats commissioned by Los Angeles Pilot Service
11:38 Third quarter 2020 business activity strong CMA CGM Group operating performance

2020 November 20

18:00 CMA CGM to launch the FLAMINGO EXPRESS service
17:49 Senior Arctic Officials’ plenary meeting held in a virtual format
17:05 Australia to end crew contract extensions
16:52 Port of Algeciras was awarded the ESPO Award 2020
16:33 FSUE "Rosmorport" takes part in International Forum "Transport of Russia"
16:05 MOL's new app boosts efficiency with real-time processing of ship operational data
15:40 Novotrans ensured 100-pct loading of Baltiysk ferry on Ust-Luga-Baltiysk line
15:08 ABP invests around £2 million in new lock gates in Ipswich
14:22 PD Ports unveils plans for River Tees Digital Platform