• 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 February 17

18:37 CMA CGM announces FAK rates from Middle East Gulf & Pakistan to North Europe, the Mediterranean and Red Sea & Red Sea
18:06 European Shipping Week 2020 opens with the latest figures on European shipping
17:50 Gazprom Neft’s supplies of low-sulphur marine fuel to domestic market to exceed 1.5 million tonnes in 2020
17:36 SCHOTTEL secures contract to provide propulsion units for a newly built harbour tug
17:18 BlueWater Reporting issues ISC-North America trade report
17:05 Saga Subsea receives new contract
16:30 IMO’s Sub-Committee on Pollution Prevention and Response meets this week
16:05 Reach Subsea awarded several contracts and call-offs under frame agreements for 2020 execution
15:54 Wärtsilä to supply customized Hybrid Scrubber solution to two Norwegian Cruise Line ships
15:06 Sea Port of Saint-Petersburg's allocations under its social programme totaled RUB 47 million in 2019
14:42 Container throughput of Hong Kong port (China) fell by 20.4% to 1.35 million TEUs in Jan’2020
14:17 Damen holds keel-laying ceremony for Nigerian Navy landing craft
13:38 WFW advices BPER BANCA on Marittima Emiliana financing
13:35 RusHydro and Kemerovo Region Government sign cooperation agreement to complete construction of Krapivinskiy hydroelectric complex
12:09 CMA CGM announces implementation of Panama Canal Adjustment Factor
11:05 Sea Port of Saint-Petersburg took part in Kirovsky District exhibition
10:31 Bunker sales at the port of Singapore in Jan’2020 grew by 7.5% Y-o-Y to 4.51 million tonnes
10:17 Diana Shipping Inc. announces cancellation of the sale of a panamax dry bulk vessel, the M/V Calipso
10:03 MABUX: Bunker market this morning, Feb 17
09:50 Port of Singapore throughput in Jan’2020 declined by 2.1% to 50.88 million tonnes
09:36 Brent Crude futures price is down 0.28% to $57.16, Light Sweet Crude – down 0.1% to $52.27
09:34 CMA CGM announces FAK rates from India and Sri Lanka to North Europe and the Mediterranean
09:19 Fincantieri delivers “Scarlet Lady”, the first Virgin Voyages ship
09:18 Baltic Dry Index is up to 425 points
09:04 Works starts on new Rolls-Royce Peterborough facility to support the Canadian surface combatant program
07:15 IAA PortNews congratulates Vyacheslav Ruksha, Deputy Director of Rosatom - Director of Rosatom’s NSR Directorate, on his birthday!

2020 February 16

16:15 Two new oceanographic vessels will join the NOAA fleet
15:13 TenneT develops first 2GW offshore grid connection with suppliers
14:52 USCG issues Captain of the Port Orders to Bouchard Transportation Vessels
13:12 Siemens builds Germany’s largest “power outlet” for ships for Port of Kiel
12:34 Naval Group presents its industrial and academic cooperation plan with Greece
11:16 MARAD announces more than $280 million in grants for US coastal seaports

2020 February 15

14:51 Holland Shipyards holds keel-laying ceremony for new electric ferry
13:27 USCG takes delivery of Cutter Edgar Culbertson
12:43 Virgin Voyages celebrates delivery of Scarlet Lady
11:15 European Commission working visit in the context of Military Mobility

2020 February 14

18:37 OOCL updates Trans-Pacific services
18:07 Canada plans to support ban on heavy fuel oil in Arctic shipping
17:49 Rates of transport security dues approved for Rosmorport’s Azov-Black Sea Basin
17:26 Reconstruction of the historic FG levee completed at the Port of Riga
17:05 Vado Gateway terminal commences operations
16:51 Commissioning ceremony of Offshore Patrol Vessel PNS YARMOOK
16:35 PIL to exit Transpacific market to focus on North-South trade
16:08 Keel of Wasaline’s new ferry was laid at Rauma shipyard
15:44 Rauma Marine Constructions to partner with Aalto University looking to cut emissions and increase safety in seafaring
15:19 Nauticor, Fassmer start LNG cooperation with Atair bunkering
14:21 Global Ports launches Ust-Luga – Moscow rail container service
13:57 Zvezda shipyard starts building yet another Aframax tanker for Rosnefteflot
13:35 Port of Ipswich celebrates tonnage-handling record for largest independent producer of sand and gravel in the UK
13:12 Finnlines invests in highest passenger comfort and orders two eco-friendly Superstar vessels
12:50 Finnlines strengthens its North Sea services as from week 8, 2020
12:26 Supervisory board of KN approves company's corporate strategy until 2030
12:03 Hapag-Lloyd announces rates from Mediterranean to Far East
11:48 Throughput of Klaipėda Port in Jan'20 exceeds that of Latvia’s ports for the first time in the history
11:30 CMA CGM announces FAK rates for reefers from North Europe, Baltic, Scandinavia, Poland & West Med to Asia
11:09 Fincantieri presents “Scarlet Lady” in Genoa Sestri Ponente
10:54 Klaipėda Port’s canal to be deepened to 15 meters
10:30 CMA CGM announces FAK rates for reefers from East Med & Black Sea to Asia
10:27 MABUX: Bunker market this morning, Feb 14
10:09 PCC Intermodal marks 10 years of work in the Port of Hamburg