Finnish shipyard wins Russian bid for icebreakers

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The newly-formed joint venture Archtech Helsinki Shipyard received an order to build two icebreaking ships for Russian shipping company Sovcomflot, the company said Thursday.

"The value of the order is 200 million dollars (151 million euros) and the project will start immediately," Archtech said in a statement.

Archtech, which was created last week, is owned in equal measure by STX Finland and the state-owned Russian company United Shipbuilding Corporation.

The order is for two multi-purpose icebreaking supply vessels, which will be used in the extreme conditions of the gas fields in the Sakhalin region off Russia's Pacific coast.

"There is significant potential for Arctic icegoing and icebreaking vessels in Russia for Arctech Helsinki Shipyard," Juha Heikinheimo, STX Finland's president, said in a statement.

The ships are scheduled for delivery in early 2013.

© 2010 AFP

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