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Russia outsources tankers

Russia outsources tankers
Russian companies are looking abroad for commercial ships.

Russian companies are looking abroad for commercial ships.

Russia's most active oil and gas fields are shifting further to the north and closer to Russia's eastern coast, a development which is driving demand for new oil and LNG tankers. But with the country's ship builders mostly focused on military vessels, Russian companies are looking abroad for commercial ships.

Russian oil companies are ordering tankers made abroad, which will help diversify its export routes. One such tanker is built by Korea's Samsung and will deliver oil from the northern Varandei field to consumers in Europea and America.

It's the third ship destined for Russia. However, Russia is looking to cultivate its own shipbuilding industry under the leadership of a new government corporation.

Starting small by building fishing boats and icebreakers Russia wants to harness international expertise.

www.TurkishMaritime.com.tr

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