Russian Naval Shipbuilding Industry: News

mnztr wrote:

George1 wrote:Pella wants through the court to extend the deadline for the delivery of three small missile ships of Project 22800 until 2030

https://bmpd.livejournal.com/4784589.html

Its a shame what has happened Pella seems like a really tight operation but they are being disrupted by other companies.. at least that is my impression. They got those first ships built really fast and quickly accepted.

After several auctions for which no applications were submitted, the initial maximum contract price was increased from 7.3 billion to 10.5 billion rubles. It is also unclear whether Rosmorport will receive on time - in 2024 - the first 18 MW icebreaker, which was laid down in November 2020 at the Pella shipyard in Hamburg. The Pella Sietas shipyard is experiencing serious financial difficulties, is under external management, and work on orders has not been carried out for more than six months ( see Kommersant on August 30 ). At the same time, the St. Petersburg Arbitration Court at the end of September stopped proceedings on bankruptcy claims against the parent Pella. Whether Pella Sietas will also be able to avoid bankruptcy is still unknown.

GarryB wrote:Well Turkey and India and China have not imposed western sanctions on Russia so civilian ships needing to be built could go to shipyards in those countries with careful oversight...

How the mighty have fallen... is my memory bad or were some claiming all Russian shipyards were terrible except the privately owned and run Pella who was working miracles... why can't they manage all Russian shipyards...

No doubt Pella took on some risk to get orders and they didn't assess the risk accurately enough... even shipyards who are not in countries with western sanctions imposed on them have problems.

Mir wrote:Zaliv is already active and may very soon even be tasked with building Pr.22350 frigates for the Black Sea?

lancelot wrote:We can probably forget about the nuclear battlecruisers.

The Baltic Plant received a record loss at the end of 2023
July 10, 2024

The St. Petersburg Baltic Shipyard (part of the United Shipbuilding Corporation, USC) announced a record loss for 2023. As Business Petersburg reports with reference to the enterprise’s reporting, it amounted to 18.9 billion rubles. At the same time, revenue for the same period increased to 21.1 billion rubles (by 7%).

“The main loss was due to the delivery of planned unprofitable orders: the first and second serial universal nuclear icebreakers (UAL) of project 22220 (Siberia, Ural)”, the report of Baltic Plant JSC says. The company's uncovered loss at the end of last year amounted to 35.8 billion rubles due to negative financial results in 2021 and 2023.

It is noted that the planned profitability of the Sibir icebreaker, the delivery of which was postponed from 2019 to 2021, came to naught due to the weakening of the ruble exchange rate, numerous adjustments to the technical design, the cost of work and other factors. The loss due to the construction of the Ural (its delivery was also postponed from 2020 to 2022) was recorded for similar reasons. RBC journalists turned to the Baltic Shipyard press service for clarification, but they refused to comment. The media wrote about the unprofitability of the Baltic Plant several years ago. In 2020, the USC enterprise increased its loss by 22% compared to 2019, to 7.9 billion rubles. The plant's revenue decreased by 8%, to 18.9 billion rubles. In the fall of 2023, VTB Bank received USC for management for five years. After this, the head of VTB, Andrei Kostin, in an interview with RBC, spoke about the need to rebuild the management of the corporation, which was ineffective at the time of the transfer, and to invest in upgrading production capacities. The new top management stopped the procedure for integrating the Baltic Plant into Rosatom. Andrei Kostin also announced the possible transfer of the Baltic Plant's facilities from St. Petersburg to another territory, for example, to Kronstadt. In May of this year, Kostin, in a conversation with reporters, confirmed plans to move some USC shipyards from the center of St. Petersburg to other locations. “Something will have to be brought out - there’s no getting away from it”, he noted.
https://flotprom.ru/2024/%D0%91%D0%B0%D0%BB%D1%82%D0%B8%D0%B9%D1%81%D0%BA%D0%B8%D0%B9%D0%97%D0%B0%D0%B2%D0%BE%D0%B49/

Yikes. It looks like the Baltic shipyard is losing roughly $200 million USD on every nuclear icebreaker they make. The CEO got sacked and now VTB Bank wants to close the shipyard down and move it elsewhere. Even though they are basically the only shipbuilder in Russia which seems to build large ships quickly.

It seems like the plan is to close down the shipyards near the center of St. Petersburg and move them elsewhere. Probably to resell their land for urban redevelopment. The thing is there is no "elsewhere" yet. We all know the shipyards in St. Petersburg have poor productivity as it is, but it is not like closing them down without an alternative will help things.

I think the government needs to stop VTB Bank from doing something stupid with the shipyard. The nuclear icebreaker program is critical for Russia's economic development. Even if they are costing twice the price so what.

lancelot wrote:
It is pretty simple. VTB Bank wants to sell the shipyards in St. Petersburg. They are located inside the city so they should have high land values. Basically this is a real estate play.
I have nothing against it provided they actually make a new large shipyard in the area elsewhere to replace the old ones. There is plenty of vacant land in the region. For example near Ust-Luga.
Given the present order book for the Baltic Shipyard there is just no way they will be making destroyers before 2030.

caveat emptor wrote:VTB bank is a majority state owned bank, headed by fat guy Kostin (long time friend of VVP) and with Siluanov as chairman of the board. There's extremely slim chance that state will be part of any transaction, especially at this time. Land is surely most valuable asset of the company, but closing down a shipyard would be disaster as no other locations are even being officially considered, atm.

lancelot wrote:They want to build a new shipyard in the West or North of the country. Supposed to be about as large as the Zvezda shipyard. It will either be built at the St. Petersburg region, or close to Murmansk.

caveat emptor wrote:

Rodion_Romanovic wrote:
P.S. I would like to see a shipyard being built in Mariupol, where previously was located Azovstal.

Problem for Mariupol is shallow depth of Azov Sea.  They wouldn't be able to build anything as serious in size as Zvezda does. And  dredging operations would be a necessary cost. Murmansk makes most sense, especially since it is on NSR.