Russia Inks Deal To Raise Kursk

Friday, May 18, 2001
Russia signed a deal with Dutch salvage and heavy transport firm Mammoet to raise the wrecked nuclear submarine Kursk, which plunged to the bottom of the Barents Sea last year killing all 118 sailors on board. Deputy Prime Minister Ilya Klebanov said the Russian navy, the St Petersburg-based Rubin bureau which designed the submarine and Mammoet had signed a contract to lift the Kursk this summer. He did not give the value of the deal, but has said that the salvage would cost about $70 million. "The preparatory work will begin today and the operation will be in two stages," Klebanov said. "The first will begin in mid-July and be completed about September 8-10. The second, the direct lifting of Kursk, will happen between 10-20 September." He said navy and Rubin specialists would cut off the vessel's torpedo bay and the rest of the sub would be lifted and towed to dock in a final operation lasting eight to 10 hours. President Vladimir Putin has always pledged to recover the dead from the Kursk, which was torn open by two unexplained explosions last August 18. But Mammoet emerged only at the last minute from protracted talks on who would salvage the vessel. On the eve of the signing, a consortium comprising Dutch firms Smit Internationale NV and Heerema and U.S. firm Halliburton said Russia had rejected their bid for the contract after more than six months of negotiations. Smit said there was too little time to prepare safely to raise the Kursk this summer as Russia demanded, but the firm said it would seriously consider accepting Mammoet's offer to join them in a plan radically different to Smit's own. "We have to study their plan first and know everything about financing and any technical problems, so we haven't decided what to do," Smit spokesman Lars Walder said, adding that technicians would spend the weekend looking at Mammoet's scheme. Mammoet said it wanted Smit to help with the maritime aspects of the project. - (Reuters)
Maritime Reporter August 2015 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

Tanker Trends

N-KOM: New VLCC Size Floating Dock

Nakilat-Keppel Offshore & Marine (N-KOM), the joint-venture shipyard of Keppel Offshore & Marine and Nakilat, continues to see strong interest for its ship repair services in 2015,

Shipyards Rising Competitive Stirrings

A mini order boom fueled by gas, “green-tech”, tankers and new rules is underway in shipbuilding. It won’t fill all yards, but changes like the July 2015 cap on

Shippers Cannot Relax Their Guard in SE Asia -MAST

Following a spate of six attacks in the Singapore Straight over the weekend, maritime security provider MAST is calling for shipping companies to strengthen their

Navy

Austal Delivers for USN

Austal’s U.S. operation consists of more than 4,000 employees supporting the design, construction and sustainment of two U.S. Navy programs, the 127-meter, trimaran

US Rep. Crenshaw Visits Newport News Shipbuilding

Shipbuilder Huntington Ingalls Industries (HII) hosted Rep. Ander Crenshaw (R-Fla.) Tuesday for a tour of the company's Newport News Shipbuilding division.   Ken Mahler,

US Plans More Maritime Drills in Asia

The United States will increase the number of drills it conducts in the Asia-Pacific as part of its new strategy to counter to China’s expansion in the South China Sea,

 
 
Maritime Careers / Shipboard Positions Maritime Contracts Maritime Security Naval Architecture Navigation Offshore Oil Pod Propulsion Salvage Ship Repair Shipbuilding / Vessel Construction
rss | archive | history | articles | privacy | contributors | top maritime news | about us | copyright | maritime magazines
maritime security news | shipbuilding news | maritime industry | shipping news | maritime reporting | workboats news | ship design | maritime business

Time taken: 0.2420 sec (4 req/sec)