Wednesday, June 29, 2011

STX tied up with Russia

STX is forging closer relationships with Russian shipbuilding industries.

Following deals by STX to construct LNG carriers and shipbuilding facilities for Russia, STX France has signed a contract to build two vessels for the Russian Navy. These will be the first naval vessels to be exported to Russia by a member of the North Atlantic Treaty Organization (NATO).

STX France has agreed to provide technology along with the hardware.

As Russia aims to modernize its shipbuilding industry, STX Group is now committed to extend full technical aid involving merchant ships, naval vessels and ice-breakers.

STX France will act as subcontractor under a contract signed between France's DCNS and Russian defense export agency Rosoboronexport for the construction of two Mistral class helicopter carriers (LHDs).

The two vessels will be built at STX France's Saint-Nazaire shipyard. The first ship will be delivered to Russia in 2014 and the second in 2015. The state-run Russian shipbuilder United Shipbuilding Corp. (OSK) will provide part of the hull of both ships.

According to French media reports, DCNS and STX France will provide OSK with the navigation system and other technical data on the LHD. OSK will build two LHDs at its own yard.

Earlier this month, STX accepted an order from Sovcomflot for two LNG carriers. STX Offshore & Shipbuilding, will build the ships in cooperation with a Russian yard.

STX has earlier agreed with OSK to construct a large shipyard at St. Petersburg. Late last year, STX Finland put its Helsinki Shipyard, reputed as a major ice-breaker builder, under joint ownership with OSK.

The Russian government has been promoting the development of the shipbuilding industry with the aim of acquiring technology to construct merchant ships needed to move its energy exports, build up its fleet of naval vessels and upgrade the production at its shipyards.

Published : June 28, 2011

Source: Asiasis



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