Major crab catcher builder "Vostochnaya Verf" under control of USC

Court converted 61% of the company's shares into state revenue

On February 19, 2026, the Leninsky District Court of Vladivostok converted 61.16% of the shares of "Vostochnaya Verf" into state revenue. The defendants were the former chairman of the board of directors, Gennady Lazarev, the former prosecutor of the Primorsky Territory, Valery Vasilenko, and a number of other persons.

Since August 2023, the management of the shipyard has been transferred to the Amur Shipbuilding Plant, a structure of USC. The issue of full integration of the enterprise into the corporation is being worked out by an interdepartmental commission. Nadezhda Malysheva, Development Director of IAA "PortNews", however, expressed doubt that the shipyard is of interest to USC as a strategic asset.

"Vostochnaya Verf" is a shipbuilding enterprise in Vladivostok, founded in 1952 for the needs of the Pacific Fleet. The plant includes two slipways, a repair and launching dock and a outfitting embankment 180 m long with gantry cranes. The company builds vessels up to 100 m long and with a launching weight of up to 2500 tons, is included in the list of strategic ones and has licenses for state defense orders.

The main direction of recent years is the serial construction of crab catchers under the investment quota program "quotas for keel". The shipyard is building vessels of projects 03140, 03141 and 03142, as well as longliners of project 03142. Crab catchers of project 03141 have been under construction since 2019; the design incorporates the concept of a universal modular complex - the vessel can be used for catching live crab, freezing products at sea, as well as as a longliner or shrimp trawler. By 2024, the shipyard had delivered five crab catchers to customers as part of the first phase of the program. In October 2024, contracts were signed for the construction of two additional longliners for the Ostrovnoy fish processing plant.

The financial situation of the enterprise remains difficult. Revenue in 2023 fell by half to 1.7 billion rubles, the loss increased to 576 million rubles. In 2024, the plant made a profit (175 million rubles), but at the same time there is an unfinished bankruptcy case: PSB won a lawsuit against the shipyard for 3.25 billion rubles in all instances.

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