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2007 May 4   09:59

MNP Group and Palmali Group sign agreement on joint participation in a tender

On April 28, 2007, an Agreement on joint participation in a tender held by the Russian Ministry of Industry and Energy to select leasing projects in the field of civil shipbuilding was signed between Palmali Group and MNP Group.

Palmali Group studies the possibilities to build at the shipyards of MNP Group 47 river tankers with the deadweight of ab. 6000 tones each.

The joint participation of Palmali Group and MNP Group in the tender involves: MNP Group will consult Palmali Group while selecting the leasing companies to be brought to the participation in the tender; MNP will also participate while preparing necessary documentation, arranging meetings with companies as well as vessels’ price calculation. The negotiations with leasing companies will be held jointly. In case the companies win the tender the production facilities will be reserved in accordance with the signed leasing contract. To respect the joint interests at the most, all the terms and conditions of leasing contracts including shipbuilding and vessels’ leasing contracts will be mutually agreed and accepted. There is a working group arranged to realize the Agreement.


Palmali Group specializes in transportation of cargoes in the basins of Mediterranean sea, Caspian sea and Black sea. Besides, the company is a leader in cargoes transportation in Russian inland ports. The company’s fleet consists of more than 120 own and leased vessels. Palmali Group specializes in the transportation of oil and oil products, edible and industrial oils, has got dry-cargoes flotilla.

MNP Group is engaged in shipbuilding and offshore units design and construction. MNP Group is engaged in shipbuilding and offshore units design and construction. MNP Group incorporates the leading Russian shipyards: Krasnoye Sormovo Shipyard (Nizhniy Novgorod), Nizhegorodskiy Teplokhod Shipyard, Volgograd Shipyard, Astrakhan III International Shipyard, Lotos Shipyard (Astrakhan), as well as Sormovskoye Mashinostroeniye (Nizhniy Novgorod), Volgograd special engineering plant, CDB Corall (Ukraine), Volgo-Caspian Design Bureau (Nizhniy Novgorod) and Friede & Goldman (USA).

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