Ambitious plan: USC announces a 44% increase in the volume of civil vessels production

USC plans to commission 36 civil vessels in 2024

The United Shipbuilding Corporation, transferred under the management of VTB, announced that it plans to increase the number of vessels transferred to civil enterprises by 44%. In particular, the commissioning of 36 vessels is expected in 2024.

Vessel of Rosmorrechflot

In June 2023, the head of USC, Alexey Rakhmaninov (replaced by Alexey Puchkov in August), stated that the corporation could deliver up to 20 vessels on average. At the end of last year, 25 vessels were delivered.

At the same time, in November, at a meeting with Russian President Vladimir Putin, the Chairman of the Board of Directors of USC, Andrey Kostin, admitted that the shipbuilding industry needs to be seriously modernized.

We are not able to fully satisfy the order for civil vessels today: there is a lack of capacity, a lack of technology
Andrey Kostin

According to him, the country needs dry cargo ships, tankers, fishing vessels, crab boats and passenger ships. According to Kostin's estimates, in 5-7 years the Russian shipbuilding industry will be effective.

Given Kostin's statement, it is unclear how USC intends to increase production. Especially knowing that the corporation often delays the commissioning of new vessels.