VFT Inks USD 138 Million Financing Agreement for 10 Tanker Vessels (Russia)

Posted on Dec 27th, 2011 with tags .

VFT Inks USD 138 Million Financing Agreement for 10 Tanker Vessels

The company Volga Fleet Tanker, part of  UCL Holding, recently signed an agreement with OAO Gazprombank to attract long-term financing of $ 138 million in funds that will be used for construction of 10 tankers of RST 27 project at the production facilities of JSC Oka shipyard.

Tankers product carriers of “river-sea” are intended to transport oil and petroleum products, and can carry two grades of cargo simultaneously. Transfer of vessels to the customer is scheduled for 2012-2014,.

Construction is carried out as part of the fleet renewal program VBTH, which, inter alia, envisages construction of 20 ships in the Russian project RST27 shipyards.

Main dimensions:

Length overall – m 140.85

Length between PP – m 137.10

Breadth scantlings – 16.70 m

Depth,  6.00m

Draught, m (in sea / in river) 4.20 / 3.60

Deadweight, t (in sea / river) 6980 / 5378

JSC OKA Shipyard was founded in 1907 and is a company dedicated to the construction of medium-tonnage vessels. The main activities of the company are: shipbuilding (bulk oil and dry cargo medium-tonnage vessels for combined navigation, container ships, special vessels and barges), bridge building (mobile pontoons, different types of road bridges) and metal constructions.

Shipbuilding Tribune Staff, December 27, 2011; Image: meb

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