South West | Industry, manufacturing

$32.7m RSD-49 bulk carriers announced

31 Jan '11
Construction of two RSD-49 class sea-going bulk carriers with a deadweight of 7,000 tons each has begun at Astrakhans Lotos dockyard, Russias South, to order from Kaliningrads West Shipping, international transportation group UCL Holding, a shareholder of West Shipping, reports.

The cost of each bulk carrier has been set at a reported $16.35m.

The project is said to be part of a broader fleet modernization program that UCL Holding is realizing with support from the RF government. An investor consortium reportedly includes United Shipbuilding Co. (USC, 85%) and West Shipping (15%).

The ships are expected to be completed by June 2012.
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Locations: Astrakhan; Kaliningrad

Tags: UCL Holding (6) / bulk carrier (0) / West Shipping (0) / RSD 49 (0) / Lotos (0) /

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