Shipbuilding Complex Zvezda And SHI To Establish JV For Building Of Shuttle Tankers

LLC Shipbuilding Complex Zvezda and Samsung Heavy Industries Co. Ltd. (the Republic of Korea) signed an agreement in the framework of the IV Eastern Economic Forum setting the conditions for establishment of a joint venture in order to organize an efficient project management system for construction of shuttle tankers at Zvezda Shipbuilding Complex with a deadweight ranging from 42 to 120 thousand tons. In accordance with the conditions of the agreement, the joint venture will be established by the year end.

The agreement terms include the exchange of experience in designing and construction of shuttle tankers. Samsung Heavy Industries will provide technical specifications as well as the basic and detailed design of the vessels to Zvezda and will assist with development of detailed engineering drawings jointly with Lazurit Central Design Bureau.

Also, in line with the agreement terms the Korean Company will provide the technical support for planning, project management and quality assurance during construction and assembly, procurement of materials and equipment and ensure the engineering support of construction of shuttle tankers at Zvezda.

Except this, Samsung Heavy Industries will train the Russian personnel at their shipyard and organize shipyard internship at similar projects.

Press Release

Disclaimer :
The information contained in this website is for general information purposes only. While we endeavour to keep the information up to date and correct, we make no representations or warranties of any kind, express or implied, about the completeness, accuracy, reliability, suitability or availability with respect to the website or the information, products, services, or related graphics contained on the website for any purpose. Any reliance you place on such information is therefore strictly at your own risk.

In no event will we be liable for any loss or damage including without limitation, indirect or consequential loss or damage, or any loss or damage whatsoever arising from loss of data or profits arising out of, or in connection with, the use of this website.