Russia’s Rosneft has entered into an agreement with the Chinese state-owned business, China Shipbuilding Industry (CSIC), to build and deliver a floating transfer dock facility for Zvezda shipbuilding complex.

Zvezda Shipyard, owned by United Shipbuilding, is established at Russia’s Far Eastern Shipbuilding and Ship Repair Center (FESRC) by a consortium of Rosneftegaz, Rosneft and Gazprombank.

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Far Eastern Plant Zvezda, CSIC trading arm China Shipbuilding & Offshore International (CSOC), and Qingdao Beihai Shipbuilding Heavy Industry (BSIC), a shipyard in China, are also involved in the newly signed deal.

"Interest of the industry leaders in the project demonstrates the potential and promising outlook of Zvezda."

Rosneft CEO Igor Sechin said: "The agreement with China Shipbuilding Industry on high-tech equipment provision for Zvezda is another major step in the creation of the Russian Far East shipbuilding cluster, unique by world standards.

"We have made a strategic decision to develop an unprecedented industrial complex with leading edge equipment and technologies to help fulfil the shipbuilding requirements for the Russian Federation and to successfully compete in global shipbuilding markets.

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"Interest of the industry leaders in the project demonstrates the potential and promising outlook of Zvezda. The first large unit of a ship being build at Zvezda shipyard will be finished by the beginning of September."

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As part of the project, a 40,000t floating transfer dock will be developed to ensure the construction of marine engineering facilities at the shipyard.

Under the deal, Chinese companies will develop the design documentation, manufacture the equipment, train the crew as well as conduct final trial of the barge in Bolshoi Kamen Bay located in the Far East of Russia.

Russian specialists will participate at all stages of design and construction of the dock facility and will ensure efficient integration into shipyard operations

CSIC will also help mitigate the risks of project implementation.

Pilot throughput for the Zvezda shipyard will be provided by Rosneft, which has entered into a deal with Far Eastern Shipbuilding and Ship Repair Center (FESRC) regarding placement of all orders for the manufacture of new marine equipment and vessels at its facilities.