Russian Shipbuilders Get Benefits

Friday, February 16, 2007
Russian Minister of Industry and Energy Viktor Khristenko intends to support the Russian shipbuilding industry through new legislation to prevent it from falling behind Western competitors. His ministry estimates that up to 40 platforms will be needed for oil and gas production on then continental shelf by 2030, along with 85 specialized ships and more than 140 support ships.

Among the proposed measures Khristenko told the State Duma about yesterday were the elimination of VAT on imported equipment that has no Russian-made analogs, interest-free credits for building ships, financing for modernization of production capacity. There would also be special measures “to reinforce the priority right of Russian industry to create means to develop the sea shelf,” limit the use of foreign ships for coastal and internal shipping, stimulate construction of fishing vessels and develop the leasing system for acquisition of river boats.

Khristenko also announced the outlines of the Complex Program to Advance Production of the Shipbuilding Industry on the Market between 2008 and 2015, which was approved by the cabinet of ministers last October. It envisages the establishment of a scientific center at the Krylov Institute, two engineering centers and three shipbuilding centers, the Western, Northern and Far Eastern Centers. Ship repair centers will also be developed on the Black and Caspian Seas. The program will receive 23.7 billion rubles in funding between 2008 and 2010. Of that amount, 16.4 billion rubles will come from the federal budget. From 2010 to 2015, the program will receive 84.3 billion rubles, 80.6 billion rubles of which will come from the budget. Source: Kommersant

Maritime Today


The Maritime Industry's original and most viewed E-News Service

Maritime Reporter June 2016 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

Shipbuilding

Norsafe Secures Contract with VARD Group

Norsafe informs it has signed a new contract with VARD Group, and will supply lifeboats complete with davit systems to a series of 15 new vessels.    Topaz Energy

NASSCO Wins Six Ship U.S. Navy Contract

General Dynamics NASSCO, a subsidiary of General Dynamics (NYSE: GD), won a contract by the U.S. Navy for the detailed design and construction of the next generation of fleet oilers,

Austal Stops Shares Trading

Review of U.S. Ops Reportedly Underway The West Australian reported that Austal halted its shares from trading, and reportedly is in the process of reviewing its U.

Salvage

Tanker Allision on the Piscataqua River

The U.S. Coast Guard says it is continuing to monitor the condition of the chemical tanker Chem Venus, after it allided with three unoccupied, moored sailboats

Williamson Named GM of Donjon-Smit

Donjon-Smit, LLC, an OPA-90 Alliance, announced that after a recent Board of Directors meeting Tim Williamson has been promoted to General Manager of Donjon-Smit,

Waterway Reopened after Barge Grounding

The U.S. Coast Guard has opened the Red River from mile marker 40 to mile marker 42 for vessel traffic, Monday.   The Red River had been closed due to a barge that had run aground at mile marker 41,

 
 
Maritime Contracts Maritime Security Maritime Standards Naval Architecture Port Authority Salvage Ship Electronics Ship Simulators Shipbuilding / Vessel Construction Winch
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: 0.0727 sec (14 req/sec)