Fincantieri, Rosneft Partner for a New Ship
During the 20th St. Petersburg International Economic Forum, Fincantieri and Rosneft signed a Heads of Agreement for the formation of a joint venture focused on design and engineering of a new type of vessel to be built at the Zvezda shipbuilding complex. The parties will also explore the possible development of those professional competences required to support the shipbuilding phase of the project.
Cooperation with Fincantieri will enable to enhance the technical potential of Zvezda Shipbuilding Cluster and lay the basis for creation of innovative equipment. The cooperation will be carried out in compliance and subject to the applicable EU, U.S. and international trade rules.
“This agreement will allow us to enhance a design platform that no other shipbuilding group can offer today,” said Giuseppe Bono, CEO of Fincantieri. “It represents the market’s best acknowledgment towards Fincantieri’s attitude to innovation and technological expertise, and confirms us as the only group able to reach a world leadership in every field in which we operate.”
Commenting on the agreement, Rosneft CEO, Igor Sechin, said, “Partnership with the largest shipbuilding enterprise in Europe, with significant experience in ships and special equipment design and construction globally fully complies with Rosneft’strategy of creating an advanced shipbuilding cluster in the Russian Far East. We are pleased to notice that the cooperation with the Italian partner provides for designing of the specific models of equipment for Zvezda shipbuilding center, having no counterparts on the Russian market.”