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Krasnoye Sormovo Shipyard plans to increase the speed of construction up to 9 ships in 2011

September 20, 2010

According to Vadim Malov, Chief Executive Officer of MNP Group, which manages Krasnoye Sormovo Shipyard (Nizhny Novgorod), they plan to increase the speed of construction up to 9 ships in 2011. The shipyard is expected to construct 7 tankers of 5,530 DWT of the project 19614 for Volga-Flot Tanker and 2 tankers of the new project 19900 for Sommet Finance. MNP Group ascertained that they had a complete stock of orders for 2011, which was larger than that in the previous years, when the shipyard had constructed 7-8 ships a year.

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