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Shipbuilding and Ship Repair in the Arctic Discussed at SPIEF

Russia | India

Members of the Worldwide Seminar on Shipbuilding and Ship Restore within the Arctic, which was held as a part of the St. Petersburg Worldwide Financial Discussion board, mentioned constructing ships and modernizing the prevailing fleet to be used within the polar areas. The occasion was a part of the plan for Russia’s chairmanship of the Arctic Council and was operated by the Roscongress Basis.


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Worldwide Seminar on Shipbuilding and Ship Restore within the Arctic


In line with First Deputy Minister of the Russian Federation for the Improvement of the Far East and Arctic Gadzhimagomed Guseynov, one of many most important challenges dealing with shipbuilding and ship restore is the purpose set by Russian President Vladimir Putin of transporting at the least 80 million tonnes of cargo alongside the Northern Sea Route by 2024 and 150 million tons by 2030. He confused that volumes of this type required massive investments and the development of a fleet.


“We are currently experiencing a shortage of ship repair facilities, especially in the Arctic and the Far East. There are a number of fundamental tasks we need to resolve here,” Guseynov stated. He talked about that there have been preferential regimes in place within the area, pointing particularly to the insurance coverage premium advantages out there to firm residents of the Arctic zone at 7.5% as a substitute of the same old 30%. Revenue tax preferences additionally exist, together with the potential of a free customs zone process offering 0% VAT on items positioned underneath the STZ process. Nevertheless, the First Deputy Minister of the Russian Federation for the Improvement of the Far East and the Arctic emphasised that along with the prevailing incentives for ship restore enterprises, 0% VAT was important.


For one cause or one other, homeowners most well-liked to have their ships repaired overseas. In line with Alexey Rakhmanov, Chairman of the Administration Board and CEO of the United Shipbuilding Company, one of many causes is ship possession falling underneath overseas jurisdiction. “We need to make the Russian flag convenient for shipping purposes, and this will contribute to the development of domestic ship repair,” he stated. By setting VAT to zero, shipowners would stand to profit by 20% when having their repairs carried out in Russia as a substitute of Norway, Rakhmanov summed up.


Governor of Arkhangelsk Area Alexander Tsybulsky famous that roughly half of all overseas ports had been closed to the restore of Russian vessels, and Indonesia and Turkey had considerably elevated costs for associated work. “Not only are prices here becoming more competitive – we can already do the work more affordably,” Tsybulsky stated.


The Worldwide Seminar on Shipbuilding and Ship Restore was additionally attended by Evgeny Ambrosov, Deputy Chairman of NOVATEK’s Administration Board and Chairman of the Arctic Financial Council, Boris Kabakov, Director of the Division of Shipbuilding Business and Marine Gear of the Ministry of Business and Commerce of the Russian Federation, Olga Kuznetsova, Deputy Governor of the Murmansk Area, Vyacheslav Ruksha, Deputy General Director and Director of the Northern Sea Route Directorate of the State Atomic Vitality Company Rosatom, and Igor Tonkovidov, General Director and Chairman of the Administration Board of PAO Sovcomflot.


The event of secure transport within the Arctic alongside the Northern Sea Route is a precedence of the Russian Chairmanship of the Arctic Council in 2021-2023. Russia considers it necessary to make transport routes within the polar areas secure in addition to environmentally and economically environment friendly. The Russian facet helps cooperation in coaching extremely certified maritime personnel for work within the Arctic and growing unified academic requirements on this space, in addition to guaranteeing the preparedness of rescue providers and models, and growing communication and navigation services.


Reference data

Official social media accounts of Russia’s chairmanship within the Arctic Council





WeChat ID: arcticonofficial


The Roscongress Basis is a socially oriented non-financial growth establishment and a serious organizer of nationwide and worldwide conventions; exhibitions; and enterprise, public, youth, sporting, and cultural occasions. It was established in pursuance of a call by the President of the Russian Federation.


The Basis was established in 2007 with the intention of facilitating the event of Russia’s financial potential, selling its nationwide pursuits, and strengthening the nation’s picture. One of many roles of the Basis is to comprehensively consider, analyse, and canopy points on the Russian and world financial agendas. It additionally provides administrative providers, supplies promotional help for enterprise tasks and attracting funding, helps foster social entrepreneurship and charitable initiatives.


Annually, the Basis’s occasions draw individuals from 208 international locations and territories, with greater than 15,000 media representatives working on-site at Roscongress’ numerous venues. The Basis advantages from analytical {and professional} experience supplied by 5,000 folks working in Russia and overseas.


The Basis works alongside numerous UN departments and different worldwide organizations, and is constructing multi-format cooperation with 166 financial companions, together with industrialists’ and entrepreneurs’ unions, monetary, commerce, and enterprise associations from 76 international locations worldwide, and 154 Russian public organizations, federal and legislative companies, and federal topics.


The Roscongress Basis has Telegram channels in Russian –, English –, and Spanish –


Official web site and Data and Analytical System of the Roscongress Basis:

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