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CHIC Cranes for Zvezda Shipbuilding Complex

Maritime Activity Reports, Inc.

March 20, 2016

Contracts for unique equipment supplies were awarded during the visit of Rosneft Chairman of the Management Board Igor Sechin to China.

Zvezda Far East Shipyard and Nantong COSCO Heavy Industry Co.,Ltd(CHIC) have signed a contract for the supply of 9 cranes for Zvezda shipyard in the presence of Igor Sechin, Rosneft Chairman of the Management Board. The document was signed by Evgeny Kraynov, Zvezda Project Leader and Zhao Zengshan, General Manager of Nantong COSCO Heavy Industry Co. Ltd.

According to the contract, CHIC is to supply equipment with unique characteristics to the construction site of Zvezda shipyard in 2016-2017 – a 1200 t Goliath crane, four 320 t cranes and four 100 t cranes.

In addition, Zvezda Far East Shipyard and Suzhou Dafang Special Vehicle Co. Ltd have signed a contract for the supply of five self-propelled heavy transporters. The document was signed by Evgeny Kraynov and Huang Jinghui, General Manager of Suzhou Dafang Special Vehicle Co., Ltd.

Suzhou Dafang Special Vehicle is to supply two 650 t transporters, two 320 t transporters and one 150 t transporter.

Operational sites Inspection

Igor Sechin inspected the operational sites, involved in the production of equipment for the Zvezda Shipbuilding Complex. The Head of Rosneft said: "The contracts awarded today are an example of mutually beneficial cooperation with our Chinese partners. Chinese companies are among the leaders of the industry. Deliveries of unique shipbuilding equipment will facilitate the task of building one of the leading shipyards in the world."

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