The document summarizes key figures and trends in the Russian shipbuilding industry. It notes that in 2016 there were 66 vessels under construction and 40 delivered to customers in Russia. The United Shipbuilding Corporation's estimated turnover in 2017 was between 4.6-4.9 billion euros. Major projects driving growth include building a new fishing fleet, construction of icebreakers, and the Arctic LNG-2 project led by Novatek which will require around 15 new VLCC tankers. The new Zvezda shipyard controlled by Rosneft aims to build over 130 vessels by 2035. Protectionism is growing in the Russian shipbuilding industry and state-owned companies are playing a larger role through consolidation.

1. 30.1.2018 Maritime Business Day
Russian market: Business Opportunities and
Events 2018
Alexey Zak

2. Russian shipbuilding. Key figures
. Number of vessels (2016)
• 66 vessels under construction
• 40 vessels delivered to customers
Estimated turnover of USC in 2017:
4,6-4,9 bln EUR (320-340 bln RUR)
Estimated growth of USC turnover in 2017:
10-12%
Order book of USC:
14,6 bln EUR (1 trillion RUR)
Share of civil orders in portfolio:
33 %

3. Russian shipbuilding. Key figures
Russian shipbuilding industry:
• 182 companies, including 133 shipyards and
other production companies, 49 design and
research companies
• Total headcount about 170 000
Subcontractors of shipbuilding industry:
• About 2000 companies
• Total headcount about 530 000

4. Building of new fishing fleet of Russia at Russian
shipyards
• Priority for fishing companies, ordering new fishing
vessels in Russia
• 42 vessels already ordered. Total value about 1,2 bln.
Euros.
• Estimation for additional orders in the near future
about 20 vessels and more vessels in the future
• Localization level 50%
• Shipyards involved: Vyborg, Pella, Severnaya, Yantar

5. Russian icebreakers
Ship owner Icebreakers under
operation
Icebreakers under
construction
Rosatomflot 4 4
Rosmorport 22 1
Rosmorrechflot 3
Ministry of defence - 1
Murmansk Shipping Company 1 -
North Shipping Company 1 -
Femco 1 -
Sovcomflot 5 2
Gazpromneft - 2
Lukoil 1 -
Gazprom 2 -

6. Zvezda (Star) shipyard
• Biggest Russian shipyard in the future
• Control by Russian state oil major Rosneft
• Specialization: vessels for transportation of
hydrocarbons, service vessels for offshore,
offshore objects.
• Foreign partners: Hyundai, Damen

7. Order book and potential of Zvezda-shipyrad
• Orders: 14 vessels, including Aframax-class tankers,
icebreaker, service and supply vessels for offshore
projects
• Goal of Rosneft management: to build more than
130 vessels and offshore object at the shipyard until
2035
• Welcome to join Team Finland Bus. Mission to
Zvezda 12.2, DL for enrolment is today!

8. Arctic LNG-2 project. Novatek
• Yamal LNG and Arctic LNG-2 will be one of the
lagiest LNG pkants in the world with total capacity
32 mln q.m. of LNG a year, total investments about
26 bln USD (preliminary evaluation)
• First deliveries of LNG to the customers in 2017
• Kola shipyard under construction
• Need for about 15 new VLCCs
• Negotations on buillding of LNG production moduls
at Russian shipyards (number of shipyards,
including shipyards from Arkhagelsk area, St.
Petersburg, Astrakhan competing for these orders)

9. Key trends in Russian shipbuilding
• Gowth of protectionism in all parts of value chain
(oil and gas exploration, transportation,
shipbuilding and offshore industry, production of
equipment, solutions and components, design)
• Priority for equipment, solitions and components,
made in Russia in state owned companies’
procurements
• Consolidation of the industry by state owned
companies: United Shipbuilding Corp., Rosneft,
Kalashikov
• Gowth of the role of Arctic and Nortern Sea Routh

10. Russia
Dates of the marine/offshore exhibitions,
seminars/conferences/venues in 2018
Event City, venue Dates
Team Finland Business Mission to Zvezda-
shipyard, workshop with SCF-shipping company
Vladivostok area, Zvezda
Moscow, SCF
12-14.2
Finnish-Russian Arctic workshop St. Petersburg, General
Consulate
5.4?
Russian Shipbuilding. Global trends. Conference.
FIN-RUS localization workshop
St. Petersburg, Lenexpo 12-13.4
Big Port of St. Petersburg Conference
FIN-RUS ICT workshop
St. Petersburg, tbc End of May-beginning of June
Offshore Marintek Exhibition and conference St. Petersburg,
Expoforum
2-5.10

11. Welcome to explore Russian
maritime market with us!
Thank you!