Maritime and Logistics News
  • Maritime & Ocean News
    • Container Shipping News
    • Dry Bulk Shipping News
    • Breakbulk Shipping News
    • Chemical Shipping News
    • Crude Oil Shipping News
    • Cruise Shipping News
    • Fishing News
    • Freight Forwarders News
    • LNG & LPG Shipping News
    • Multimodal Transport News
    • Railway News
    • Straits News
    • Trucking News
  • Global Ports News
    • Port Accidents News
    • Port Congestion News
    • Port Infrastructure News
    • Port Strike News
    • Schedules News
  • Air Cargo News
    • Air Cargo Carriers News
    • Air Freight Forwarder News
    • Airports News
  • Logistics News
    • Supply Chain News
    • Warehousing News
    • Cold Storage News
    • Logistics Parks News
  • Vessels News
    • Bunkering News
    • Incidents News
    • Offshore News
    • Pilotage News
    • Piracy News
    • Services News
    • Ship Breaking News
    • Shipbuilding News
  • Tech. & Sustainability News
    • Green Logistics News
    • Responsibility Projects News
    • Useful Maritime Associations News
  • English
    • English
    • Deutsch
Sunday, October 12, 2025
Advertisement
No Result
View All Result
No Result
View All Result
No Result
View All Result
Home Dry Bulk Shipping News

Russia readies billions for domestic fleet buildout

May 13, 2025
in Dry Bulk Shipping News
Russia readies billions for domestic fleet buildout
0
SHARES
3
VIEWS
Share on FacebookShare on Twitter
Russia is stepping up the development and renewal of its fleet with plans to add more than 1,600 domestically built ships by 2036.
Russian prime minister Mikhail Mishustin said that more than RUB500bn ($6.2bn) in federal funding will be spent over the next six years to support shipbuilders, component manufacturers and shipowners.
He noted that against the backdrop of foreign sanctions and restrictions, the renewal and expansion of the Russian fleet is of key importance for building logistics routes to friendly countries, cargo transportation along the Northern Sea Route and the development of river tourism.
Priority will be given to vessels for the Northern Sea Route and the North-South transport corridor, with a focus on developing capabilities for large-capacity projects, including crude oil tankers, gas carriers, shuttle tankers and bulk carriers, the government said.
The newbuilding programme will also cover icebreakers, support vessels and maintenance ships, as well as the renewal of the passenger and fishing fleets.
The baseline scenario foresees 1,637 vessels will be built in Russia by 2036, of which 713 within the next five years. More than 120 ships are envisioned for regular sea transport and another 51 for the Northern Sea Route. The country’s long-term strategy, which stretches to 2050, anticipates fleet expansion by more than 2,600 additional ships from 2037, including over 200 sea transport vessels and nearly 90 Northern Sea Route-dedicated units.
Russian first deputy prime minister Denis Manturov said that the scheme includes large-scale modernisation and efforts to eliminate the shortage of shipbuilding capacity, including establishing new shipyards, replacing foreign shipboard equipment with domestic alternatives and developing ship repair centres.
To implement the plan Russian government said it would also need to increase the workforce by at least 15% by 2036, to around 190,000 people, and also work towards attracting new talent to design and development centres and push forward with automation and digitalisation at the shipyards to boost labour productivity and gradually transition to large-block shipbuilding.
Tags: AndForSeaShipThe

Related Posts

Fear of high premiums keeps cargo theft underreported
Air Cargo Carriers News

Fear of high premiums keeps cargo theft underreported

October 10, 2025
ESL Shipping sells handysize bulker to support fleet renewal
Dry Bulk Shipping News

ESL Shipping sells handysize bulker to support fleet renewal

October 10, 2025
Staged accident scam: key sentencings pushed back again
Air Cargo Carriers News

Staged accident scam: key sentencings pushed back again

October 9, 2025
Senate confirms Fink to lead Federal Railroad Administration
Air Cargo Carriers News

Senate confirms Fink to lead Federal Railroad Administration

October 8, 2025
Regional railroad offers $10M for Pa. county lines
Air Cargo Carriers News

Regional railroad offers $10M for Pa. county lines

October 8, 2025
Barrs confirmed as new FMCSA administrator
Air Cargo Carriers News

Barrs confirmed as new FMCSA administrator

October 8, 2025
  • Trending
  • Comments
  • Latest
Trump to name Fox TV host Sean Duffy to head DOT

Trump to name Fox TV host Sean Duffy to head DOT

November 19, 2024
FedEx sends specialists to streamline European operations

FedEx sends specialists to streamline European operations

August 21, 2025
Vintage VLCC prices firm up

Vintage VLCC prices firm up

February 25, 2025
At RailTrends, CPKC and UP CEOs talk about higher levels of rail service

At RailTrends, CPKC and UP CEOs talk about higher levels of rail service

November 18, 2024
PUMA Chooses Maersk Warehouse,

PUMA Chooses Maersk Warehouse

0
Cape Rates Soar to $40,000 Per Day, Surging Twofold Within One Week

Cape Rates Soar to $40,000 Per Day, Surging Twofold Within One Week

0
Allelys Successfully Navigates Challenges in Transporting Cargo to Rothienorman Substation

Allelys Successfully Navigates Challenges in Transporting Cargo to Rothienorman Substation

0
Hanwha Ocean secures a contract for an ultra-large ammonia carrier

Hanwha Ocean secures a contract for an ultra-large ammonia carrier

0
Carbon costs hit shipping balance sheets as $50bn era looms

Carbon costs hit shipping balance sheets as $50bn era looms

October 12, 2025
Ofer-backed XT Shipping returns to yards with Chinese newbuild deal

Ofer-backed XT Shipping returns to yards with Chinese newbuild deal

October 12, 2025
Minerva ups the ante in boxship market with fresh newbuild series

Minerva ups the ante in boxship market with fresh newbuild series

October 12, 2025
Purus joins LNG bunker rush with Shell-backed newbuild pair

Purus joins LNG bunker rush with Shell-backed newbuild pair

October 12, 2025

Recent News

Carbon costs hit shipping balance sheets as $50bn era looms

Carbon costs hit shipping balance sheets as $50bn era looms

October 12, 2025
Ofer-backed XT Shipping returns to yards with Chinese newbuild deal

Ofer-backed XT Shipping returns to yards with Chinese newbuild deal

October 12, 2025
Minerva ups the ante in boxship market with fresh newbuild series

Minerva ups the ante in boxship market with fresh newbuild series

October 12, 2025
Purus joins LNG bunker rush with Shell-backed newbuild pair

Purus joins LNG bunker rush with Shell-backed newbuild pair

October 12, 2025

Stay ahead in the dynamic world of maritime and logistics with our comprehensive news coverage. Explore the latest industry trends, breaking news, and insightful analyses. Your gateway to informed decision-making in shipping, trade, and logistics awaits.

Follow Us

Our Partners

shipstrack.com
E-tracking
  • About
  • Advertise
  • Privacy & Policy
  • Contact

© 2020-2024 SeasNews - Shipping News & Magazine.

No Result
View All Result

© 2020-2024 SeasNews - Shipping News & Magazine.