At Eastern Economic Forum, Russian Zvezda Shipbuilding Complex, owned by United Shipbuilding Corporation, signed a Term Sheet with South Korea’s Samsung Heavy Industries Co. Ltd. for creating a joint venture to manage projects for construction of Arctic shuttle tankers.
The purpose of the established venture is the technological support for the construction of Arctic shuttle tankers at Zvezda Shipbuilding Complex of various sizes with deadweight from 42 to 120 thousand tons. Tankers will be used for the export of oil produced at the fields of Rosneft, as well as for other Russian and foreign producers.
SHI has extensive experience in the design and construction of Arctic shuttle tankers, with a total of 48 such ships (39% оf the overall number of vessels of this type) built at its shipyard, including 10 out of the 12 Arctic shuttle tankers built in the world so far.
As such, the Korean Company will provide the technical support for planning, project management and quality assurance during construction and assembly, procurement of materials and equipment and ensure the engineering support of construction of shuttle tankers at Zvezda.
Cooperation with Samsung Heavy Industries (SHI) will facilitate development of advanced shipbuilding technologies at Zvezda Shipbuilding Complex.
