OPK Shipyards Launch a Platform Supply Vessel

MOSCOW - On September 8, 2009, Severnaya Verf shipyard, a part of United Industrial Corporation (OPK), launched a vessel for oil-rig platform provision, also known as the project VS 485 PSV.

The vessel for oil-rig platform provision is equipped with special capacities and cargo system for transportation of oil-rig mortar, friable freights, methanol and general freights on the open deck. Also, the vessel is equipped for the participation in rescuing, evacuation and fire fighting missions around the oil-producing platforms in the North Atlantic.

Norway Company Solvik Hull Supplies AS is the customer of this vessel, and the designer Norway Company Vik-Sandvik AS. The contract anticipates the production of a technically well equipped hull, including all hardware, the setting of pipes and the painting of the vessel.

At present Severnaya Verf shipyard is carrying out the “turnkey” construction of the platform supply vessel project VS 470/485 PSV, also for Norwegian customers.

Besides the production of hull and systems, Severnaya Verf shipyard is carrying out assembling, wiring and start-adjusting work, testing the equipment and also conducting sea trials in the Gulf of Finland and in the Baltic Sea. Terms of delivery of the first full-completed vessel expires in 2009, as for the second one, in December 2010.

Andrey Fomichev, the Director of OPK Shipbuilding, announced at the launching ceremony: “Having proceeded with this new production in 2005, Severnaya Verf shipyard is currently the only enterprise in Russia, having the experience of constructing both technically well equipped hulls and full-completed platform supply vessels. I’m sure that our skills and well-qualified work will enable us to build vessels for native shipping and oil-producing companies, not working overtime for preproduction”.

Photo materials are available at: stream.ifolder.ru/13899997

About OPK

United Industrial Corporation (OPK) is a diversified holding company with total value of assets of more than US$13 billion. OPK develops and manages an investment portfolio in major sectors of the Russian economy, including the financial sector, real estate development, shipbuilding, mining and media. For more information please visit the OPK website eng.opk.ru/

Source: OPK

Press contacts: Ogilvy Public Relations, Sabina Lindstedt, E-mail: opk at ogilvy.com; OPK Press Service, Anna Latysheva, E-mail : pressa at opk.ru, Tel : +7-495-626-8359