Russian shipbuilding update

The Zvezdochka Shipyard may begin weaning itself from building defence ships for the Navy and focus instead on building ships for the civil industry.

At a recent conference titled “Economic activities of Russia in the Arctic direction: problems of developing marine activities,” Russia held assessments of the ability of the yard to take on such orders. There are no concrete plans as of yet for Zvezdochka to make a transition, however, Russian insiders believe it will be highly probable as the Moscow Forum of Oil and Gas Industrialists has given the idea very firm backing and support. Krasnye Barrikady Shipyard has been struggling to pay wages to its employees. The Astrkhan shipyard may be able to gain some assistance from a Turkish company so as to continue work on the Caspian shelf for another one year. Other existing contracts include four orders for oil equipment in Kazakhstan and a drilling platform for the UAE.

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