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Wednesday, October 26, 2016

Russia Will Need 512 New Offshore Vessels Says President Putin

September 5, 2013

President Putin: Photo CCL

President Putin: Photo CCL

Development of offshore fields in the Arctic with the active use of the Northern Sea Route in Russia would require 512 new vessels by 2030, with a total cost of 6.5 trillion rubles, report Arctic-Info, citing an announcement by Russian President Vladimir Putin.

The largest Russian companies Rosneft, Gazprom and Sovcomflot are forming a solid long-term portfolio and the President opined that the Russian shipbuilding has traditionally had a stable position in the ice-class and sea-river class segment, and domestic production is competitive with foreign manufacturers in the design and manufacturing of drilling platforms, geological survey of ships and ship acquisition.

Source: Arctic-Info

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