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USC shipbuilding capacities may be transferred for Zvezda shipyard construction

August 19, 2013, 8:23 UTC+3

Such a proposal was made by Rosneft's head Igor Sechin

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VLADIVOSTOK, August 19 (Itar-Tass) - Head of Russia’s oil company Rosneft Igor Sechin has requested to consider the issue of the transfer of the shipbuilding capacities of the United Shipbuilding Corporation (USC) to the consortium for the construction of the Zvezda shipyard, but does exclude the possibility of keeping the stake in the USC. He made this statement on Monday at a meeting on the development of shipbuilding in the Far East.

“We ask to consider all the proposals that we have prepared and that are already discussed, on the attraction of private investors. We also request to study the issue of the transfer to this consortium of the needed shipbuilding and other assets,” Sechin said.

According to him, depending on what decision is taken by the government after a report is made to the president, it will be possible to either preserve the USC stake or fully purchase it.

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