Russia: Severnaya Verf​ Receives Government Guarantee for Defense Order Execution

JSC Severnaya Verf​ shipyard received tens of billions rubles as government guarantee for state defense order execution. Corresponding governmental decree No. 1575 was signed by Russian Prime Minister Vladimir Putin on Sept 8, 2011. According to the document, the guarantee is extended up to the end of 2015.

Such decree indicates high confidence that Russian government has in Severnaya Verf”, said the shipyard’s Director General Andrei Fomichev. As for him, “Severnaya Verf is the only Russia’s shipbuilding company executing state defense order ‘to a day’. The yard closely interacts with defense ministry. All problematic issues were settled on the daily basis, and governmental guarantee granted to the shipyard is one of results of that work”.

For JSC Severnaya Verf, extension of governmental guarantee means the beginning of steady financing and batch production of ships for Russian Navy, concluded Andrei Fomichev.

According to State Arms Program 2011-2020, Severnaya Verf must deliver to Russian Defense Ministry a 6-ship series of Project 23180/23185 corvettes (modernized Project 23180) till 2018, and a 6-ship series of Project 22350 frigates till 2020. At present, Severnaya Verf builds four Project 20380 corvettes, two Project 22350 frigates, and one Project 18280 special-purpose communication ship for Russian Navy. As was previously reported, governmental decree appointed JSC Severnaya Verf the sole deliverer of Project 22350 frigates and Project 20380 corvettes.

Reference Basic product lineup of JSC Severnaya Verf shipyard includes warships and commercial vessels of different purpose. The yard has wide experience in construction of cruisers, destroyers, minesweepers, ASW ships, and patrol craft. Numerous research vessels, passenger liners, timber carriers, trawlers, containerships, and ro-ro vessels were launched by Severnaya Verf as well.

Among orderers of the yard are Russian defense ministry and foreign navies, commercial organizations specialized in maritime shipping and fisheries.

In 2007, Severnaya Verf started execution of foreign trade contracts for repair and modernization of four patrol ships (projects 1159T and 1234E) for Algerian Navy. First two ships have been already delivered to the orderer.

(1 billion Russian rubles = 31.93300 million U.S. dollars)

Source: rusnavy, September 21, 2011

Share this article

Follow World Maritime News

Posted on September 21, 2011

In Depth>

Events>

<< Jul 2016 >>
MTWTFSS
27 28 29 30 1 2 3
4 5 6 7 8 9 10
11 12 13 14 15 16 17
18 19 20 21 22 23 24
25 26 27 28 29 30 31

SEATRADE CRUISE MED 2016

The conference is a leading platform for discussion and debate on issues confronting the cruise industry in the Mediterranean and its adjoining seas…

read more >

SMM 2016

SMM Hamburg 2016 is the leading international forum of the maritime industry.SMM offers the unique chance for exhibitors and trade visitors…

read more >

5th Annual Salvage & Wreck Asia Conference

Hear industry leaders debate:
• Combating piracy in South Asia
• Preparing for industry growth in the cruise ship sector…

read more >

Global Liner Shipping Asia Conference

Alliances analysed – will changes have a positive or negative impact on the industry?
Lloyd’s List/Containerisation International Business Briefing…

read more >