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January 11, 2015

Russia to focus on promoting its commercial shipbuilding industry

Russia's Prime Minister Dmitry Medvedev has instructed various industry ministries to analyse the country's commercial shipbuilding prospects up to 2030, setting a clear agenda for competitive opportunity in the sector.

By Samseer M

Russia’s Prime Minister Dmitry Medvedev has instructed various industry ministries to analyse the country’s commercial shipbuilding prospects up to 2030, setting a clear agenda for competitive opportunity in the sector.

With the aim of developing the sector through 2015, the renewed focus follows the decision to implement foreign investments in strategic companies such as oil and gas firms.

As part of this initiative, the Russian Energy Ministry will study the requirements in dedicated fleet and marine solutions for exploration, drilling and transportation of crude oil, gas and gas condensate by 2030.

The study will be carried out in collaboration with stakeholders, including OAO Rosneft, OAO Gazprom, Lukoil and JSC Novatek.

"The Russian Energy Ministry will study the requirements in dedicated fleet and marine solutions for exploration, drilling and transportation."

Results will be submitted to the Russian Ministry of Transport, Ministry of Economic Development of Russia and the Russian Ministry of Industry. It will also cover an analysis of the vessels’ range, characteristics and the number of required vessels annually.

The ministries are expected to submit their findings later this month.

Meanwhile, the International Maritime Exhibition and Conferences of Russia, NEVA 2015, is being held in St Petersburg, Russia, from 22 to 25 September 2015.

NEVA 2015 aims to promote Russia’s traditional sectors of shipbuilding, ship equipment, offshore shelf construction and equipment, ports and oceanography.

Event organiser Dolphin Exhibitions general director Matthew M White said: "This is a truly exciting time for the industry and NEVA 2015 is perfectly timed to showcase the opportunities that will develop.

"NEVA Exhibitions is proud to continue delivering this message of opportunity to the widest possible international and Russian audience."

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