Arctech Helsinki Wins Icebreaking PSV Order from Sovcomflot

Arctech Helsinki Shipyard announced today the signing of a EUR 100 million order with Sovcomflot for a new icebreaking platform supply vessel (PSV). Upon delivery in 2016, this ship will be targeted for use at the North East Sakhalin Offshore region oil and gas field. Arctech notes this vessel is a refined version of the two multifunctional icebreaking supply vessels … [Read more...]

Russia Asks for Badass Arctic Supply Boats, Helsinki Shipyard Delivers

The hull assembly of arctic offshore vessel NB 507 was started at the Keel Laying Ceremony at Helsinki Shipyard 3 July 2012. The ship is the sister vessel of NB 506 that was launched on Saturday 30 June. Both offshore vessels are being built for Russian shipowner, Sovcomflot, and will be delivered in spring 2013. Both vessels for Sovcomflot will be similar measuring 99.9 … [Read more...]

$12 Billion LNG Deal Signed, Vladivostok to Become Major Hub Supporting Sakhalin

TOKYO (Dow Jones) --Japan and Russia agreed to provide necessary support for a project to build a liquefied natural gas plant in Vladivostok in a deal signed Sunday, Kyodo News reported Monday, citing Japanese officials. Japan's trade and industry minister, Yukio Edano, and Russian Energy Minister Alexander Novak signed a memorandum in St. Petersburg on the sidelines of an … [Read more...]