The Far Eastern Shipbuilding and Ship Repair Center (FESRC) and Zvezda Marine Technology ltd, which is a joint venture of Rosneft and Damen Shipyards Group, signed at the Zvezda Shipbuilding Complex, situated in Bolshoy Kamen, a project management agreement to build multifunctional ice breaker supply vessels.
According to the signed document, the parties have agreed to conclude by the end of 2016 contracts, envisaging that the JV will be amenable for the construction of at least 4 multifunctional ice breaker supply vessels on the Zvezda Shipbuilding Complex.
The joint venture will ensure the scheduling and funds’ allocation of the project, organize the efficient cooperation between the Russian engineering center and Damen project management department as well as provide technological support to the shipyard – both for the start-up of the yard and the execution of the shipbuilding projects.