Russia to build 150 various ships in 5 to 7 years from now

According to Head of the Federal Agency for Fishery Ilya Shestakov, in the near future, Russian shipbuilding yards will build more than 150 ships of various types, driven by the “quotas under keel” program. The program provides for issuing special statutory quotas to those fishers who use Russian-made ships. The purpose is to promote the renewal of the fishing fleet.

Five years will be quite enough to build more than 150 ships of various types, from small-sized to large-capacity vessels. While large-capacity ships are required by the Far East, medium-range vessels will better cater for the needs of the Northern basin, Mr. Shestakov said.

In addition, the government intends to award additional quotas to operators delivering live and chilled fish to ports. This will additionally encourage the construction of small-sized fleet in Russia.

Investment allocation models and quota rates are under discussion, remaining a point at issue among the fishing community. Draft regulations for distribution of quotas have been prepared and published on the Agency’s website. The essence of the investment project is quite simple, with the priority in providing grants being given to projects for building large-capacity and medium-range vessels. These are usually large ships that can go out to the open sea and tankers providing transportation and safety of cargo. At the same time, by far not every project can be given a grant, as there are requirements for timeframes and a certain level of investment that need to be met. A project should be implemented within about 5 years, and its cost should be at least 1 billion rubles.


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