Admiralty Shipyards (St. Petersburg) has laid down a 70,000-dwt arctic tanker, IA REGNUM reports. The launching is scheduled for August 2008, while the delivery to the customer – for April 2009. The vessel’s length is 260 meters, breadth - 34 meters, speed in open sea - 16 knots, speed under ice conditions - 3 knots. The project’s feature is application of a double-action technology: under ice conditions the vessel moves stern first breaking ice like an icebreaker.The vessel was ordered by Modern Commercial Fleet OJSC. It is to be deployed for servicing Prirazlomnoje oil field at the shelf of the Barents Sea. Admiralty Shipyards FSUE is the oldest Russia’s shipyard founded by Peter I on November 5, 1704. Modern Shipyards specialize in design, production and modernization of civil and naval vessels of various types. Over 2.6 thou ships and vessels have been built by the companies forming Admiralty Shipyards during three centuries of their existence.