Rosneft & Hyundai Sambo ink Aframax Collaboration for Zvedzda Shipyard

June 15, 2017

Early June saw an agreement sealed that will benefit Zvezda shipyard in Bolshoy Kamen between Russia's Rosneft and South Korea’s Hyundai Samho Heavy Industries (HSHI), covering the collaborative design and construction of new Aframax tankers.

HSHI’s technical support comes at a time when the Zvezda shipbuilding complex is being created at the site of the Far Eastern Zvezda plant by a consortium that includes Rosneftegaz, Rosneft and Gazprombank, among others. The project will see the construction of a dry dock, a separate fitting dock and full-cycle production facilities, as well as workshops for the construction of offshore marine equipment.

In an industry announcement, Rosneft CEO Igor Sechin said: “Technological partnership with the world's largest shipbuilding company will allow us to acquire the necessary competencies in the area of engineering support and management of ship construction projects. This cooperation will ensure DTSS and Zvezda Shipbuilding Complex access to unique technologies for the production of advanced marine equipment, such as modern environmentally friendly Aframax-type tankers."

Rosneft's Zvedzda Shipbuilding Complex is represented at NEVA 2017 with a major Pavilion at the centre of Hall G.