Gazprombank has opened a 2-year line of credit at amount of 930 million rubles for Far East Plant “Zvezda” (Bolshoy Kamen, Primorsky Territory). The funds intended for financing the cost of government contracts, the bank statement said.

“Zvezda” has been a construction site for the largest shipyard in the
Far East. On its dockyards VLCC, 300.000 DWT ships will be built.
Russia’s government had planed to invest $1 billion in the construction
of the shipyard.

Gas carriers, tankers, floating plants producing LNG, vessels for
exploration of minerals built at the dockyard will be exporting
Russia’s oil and gas industry commodities. A ceremony for the new
shipyard in Primorsky Territory was held in November 2009. Far Eastern
Center of Shipbuilding and Ship repair holds 88.7% of the company
shares.

Source: PortNews

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• Primorye yards with $ 5 billion in construction contracts provided

    Shipyards under construction in the Primorsky Territory are already provided with orders worth of five billion dollars. Long-term agreements with major Russian corporations – Gazprom, Transneft, Rosneft and Sovcomflot were signed until 2020, Governor of the Primorsky Territory Sergei Darkin told a press conference in Vladivostok. Two shipyards were laid

• First stage Bolshoi Kamen Yard (Primorskiy Kray) add up to 2012 operating

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• Kozmino-Port Goals 1.245m tonnes of oil exports in March this year

    Specialized oil seaport Kozmino of Primorsky Territory expects it will have this March an increase in the volume of oil shipments through the terminal, at least 245.000 tons more than it handled in February, 2010,? the company press service said.

• Super Yard Primorie to begin in first half of 2010

    Construction of Zvezda-based (ship-repair plant) super-shipyard in Primori will commence first half 2010. As per Igor Hkruschev, director of industrial and transportation department of Primorskii krai, elaboration of project master-plans and initial works are being carried out to the date.

• Gazprom Orders 4 tanks for Shtokman

    The South Korean shipyard Daewoo will by year 2015 or 2016 deliver four tankers for the Shtokman project, Gazprom’s deputy chief Aleksandr Ananenkov announced in a meeting last week. The vessels will have a joint cost of two billion USD, Anenenkov said, the Moscow Times reports

• VLG scrutinizes Baltija Shipyard

    The Lithuanian shipbuilder Western Shipyard (VLG), owned by the BLRT Group in Estonia, is considering the acquisition of the Baltija Shipyard although VLG’s boss Arnoldas Sileika said that any statements on the acquisition were premature. Sileika said that Klaipeda-based VLC would wait until AP Moller-Maersk officially announces the sale of the

• Design Working Group drafting a new construction shipyard complement to August 2010 in Primorsk

    A detailed working design and state expertise passing of a new shipyard construction in Primorsk (Leningrad region) is planned to be completed in August, 2010. Working documentation preparation will be carried out simultaneously, Georgii Poryadin, Chairman of the Board of Directors of Vyborg Shipyard OJSC (that is a project investor), informed journalists.

• Vyborg Shipyard revenue of up to 32 billion rubles in 2009

    Vyborg Shipyard OJSC predicts its 2.46-time revenue increase (up to RUR 32 billion) as of 2009 results, Valerii Levchenko, General Director of the shipyard informed journalists on the matter. As per Levchenko, incomings on Gasprom’s orders made the main part of the revenue current year. Vyborg Shipyard OJSC is specialized

• A total of 900,000 tons of oil were to go through the port Kozmino in the Primorye Territory in January

    A total of 900,000 tons of oil will go through the port Kozmino in the Primorsky Territory in January, materials of the Central Control Department of the fuel and energy complex say. They specify that the given index takes into account passing volumes of December 2009 (270,000), the business news

• Vostok JSC Bunker Oil Terminal (Primorye) expects turnover growth up to 1 million tonnes this year

    The authorities of Oil terminal Vostokbunker JSC say they expect this year a growth in volume of oil transshipment up to 1 million tons.

• New Shipyard in 2010 in Azerbaijan, president be established

    In 2010 Azerbaijan will lay a foundation for a modern shipyard, said President Ilham Aliyev. “Negotiations on construction of a shipyard have been held in Azerbaijan. They have already been completed.

• Aker Philadelphia Shipyard Holds Ceremonial Keel laid for 11 Product Tanker

    Aker Philadelphia Shipyard, a leading U.S. commercial shipyard, held a ceremonial keel laying on Monday for Ship 015, the 11th product tanker being built at the yard

• Port of Kozmino (Primorye) invites you to export 500,000 tons of oil brand ESPP until 20 January

    As of January 20, 2010 the Kozmino, a specialized marine oil port in the Bay Kozmina (Primorsky Krai) reports it has handled five oil laden tankers.

• Nornikel to 1.1 billion rubles in the construction of a sea terminal in Murmansk investment next year

    The Norilsk Nickel Group has allocated 1.1 billion rubles for 2010 for the construction of a sea terminal in Murmansk. On the territory at about 10 hectares the company is planning to build a sea terminal for transshipment of general cargo and cargo containers to supply Norilsk Plant (shipment of

• Singapore s Keppel Corp to acquire 10% stake in the new yard, Baku

    The Keppel Corporation has begun work to build a shipyard south of Baku. A memorandum of understanding on the construction and operation of the shipyard was signed in Baku on 20 November 2009 by State Oil Company President Rovnag Abdullayev, Azerbaijan Investment Company CEO Afgan Isayev and the executive director