Arctech Helsinki о сделке и о покупателях

Arctech Helsinki Discloses Buyers and Deal Details

  • The acquisition of Helsinki shipyard will be finalized in May. According to Arctech Helsinki Shipyard Oy, the parties agreed on the terms of the transaction on May 9th.

    In preparation for the closing, Arctech Helsinki Shipyard Oy (AHS) establishes a new company, Helsinki Shipyard Oy. AHS will transfer its assets and operations to Helsinki Shipyard Oy, which will continue shipbuilding at the Helsinki shipyard. In the transaction, AHS will sell 100% of Helsinki Shipyard Oy’s shares to Algador Holdings Ltd.

    Following the transaction AHS will continue its shipbuilding operations as a shareholder of Nevsky Shipyard LLC. 

    The last vessel that will be delivered from Helsinki shipyard under AHS’s ownership is tanker NB515, which completed sea trials on May 12.

    The transaction will not have any effect on subcontracts. AHS’s personnel will be transferred to Helsinki Shipyard Oy without changes to their contracts. Under the new owners Helsinki shipyard can concentrate on its core expertise, which are strong iceclass vessels and cruise ships”, says Viktor Olerskiy, the incoming Chairman of the Board of the Helsinki Shipyard Oy.

    Algador Holdings is owned by Rishat Baugatdinov and Vladimir Kasyanenko who have strong backgrounds in the maritime industry. Their companies operate international shipping and shipbuilding businesses including Russia’s largest river cruise ship operator Vodohod Ltd.

    “Establishing Helsinki Shipyard is an important step in moving forward with tender backlog, which currently total at 1.5 billion EUR. The tenders consist of several cruise ships, icebreakers and LNG tankers. Letters of intent have already been signed for some of the tenders”, Arctech Helsinki Shipyard said in a statement.

  • Comments: 0

    Leave a Reply

    Related content
    The 15 LNG tankers to carry liquefied natural gas from Arctic LNG 2 project will cost over 300 […]
    The Zvezda Shipyard has started cutting metal for the first Arctic shuttle tanker to be built by the […]
    Global Ports Investments and Royal Vopak, have sold their 100% effective share ownership in AS Vopak E.O.S. (VEOS), […]
    Zvezda Shipyards has laid the keel for a fourth Aftamax tanker commissioned by Rosneft. The vessel will use […]
    Zvezda Shipyard in the Russian Far East has started cutting steel for a third 114,000 dwt Aframax tanker. […]
    July 4, United Shipbuilding Corporation President Aleksey Rakhmanov signed a tripartite agreement with the Nizhny Novgorod State Technical […]
    Samsung Heavy Industries has won a contract to build two Aframax tankers, valued at KRW 187.5 bn (USD […]
    Zvezda Shipyard has laid the keel for a third Aframax tanker ordered by Rosnefteflot, a subsidiary of Russia’s […]
    The parties intend to launch an Arctic container line.
    Delo Group has announced closing the deal to acquire 50% + 2 shares in TransContainer from Russian Railways-controlled […]
    Krasnye Barrikady Shipyard has resumed operations after being conserved for two years. The yard started cutting steel for […]
    End of last week, the nuclear icebreaker “Arktika” under construction at the Baltic Yard in St. Petersburg was […]
  • Fields marker by * are required

    Order research

  • Login
  • Fields marker by * are required

    Buy a subscription for the regular maritime analytical materials of the  Russian Federation

  • Fields marker by * are required

    Buy Subscription for PORTSTAT Russian Ports Analysis Online Service