Business news from Ukraine

PALLADA PLANT TO BUILD NEXT GENERATION FLOATING DOCK FOR CYPRIOT CUSTOMER

16 August , 2016  

KYIV. Aug 16 (Interfax-Ukraine) – Kherson State Plant Pallada, part of Ukroboronprom state concern, will build a next generation floating dock with a capacity of 7,100 tonnes under the order of Cypriot Multimarine Shipyards Ltd. and supply it to the customer.

A source in the defense sector told Interfax-Ukraine a contract with the Cypriot company was signed a few days ago. The amount of the contract has not been made public, the dock is to be delivered to the customer in 2017.

The new dock, which will be built under the supervision of the American Bureau of Shipping, will be operated by Multimarine Shipyards Ltd in the port of Limassol (Cyprus) and will be able to dock ships and floating structures used in the development of the Mediterranean Sea shelf with a docking weight of up to 7,100 tonnes and a docking draft of up to 6.3 meters.

Kherson State Plant Pallada is currently the world’s only shipyard that specializes in building next generation composite floating docks for maintenance of civil and naval ships. The warranty period of the equipment it makes is 50 years. Among the company’s customers are Japan, South Korea, Finland, Bulgaria, Turkey, Algeria, Croatia, France, and South Africa.