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Rosneft Attracts Unique Equipment Producers for the Zvezda Shipbuilding Complex

18 March 2016

Contracts for unique equipment supplies were awarded during the visit of Rosneft Chairman of the Management Board Igor Sechin to China.

Zvezda Far East Shipyard and Nantong COSCO Heavy Industry Co.,Ltd(CHIC) have signed a contract for the supply of 9 cranes for Zvezda shipyard in the presence of Igor Sechin, Rosneft Chairman of the Management Board. The document was signed by Evgeny Kraynov, Zvezda Project Leader and Zhao Zengshan, General Manager of Nantong COSCO Heavy Industry Co. Ltd.

According to the contract, CHIC is to supply equipment with unique characteristics to the construction site of Zvezda shipyard in 2016-2017 – a 1200 t Goliath crane, four 320 t cranes and four 100 t cranes.

In addition, Zvezda Far East Shipyard and Suzhou Dafang Special Vehicle Co. Ltd have signed a contract for the supply of five self-propelled heavy transporters. The document was signed by Evgeny Kraynov and Huang Jinghui, General Manager of Suzhou Dafang Special Vehicle Co., Ltd.

Suzhou Dafang Special Vehicle is to supply two 650 t transporters, two 320 t transporters and one 150 t transporter.

Having inspected the operational sites, Igor Sechin inspected the operational sites, involved in the production of equipment for the Zvezda Shipbuilding Complex. The Head of Rosneft said: "The contracts awarded today are an example of mutually beneficial cooperation with our Chinese partners. Chinese companies are among the leaders of the industry. Deliveries of unique shipbuilding equipment will facilitate the task of building one of the leading shipyards in the world."

Note for editors:

A consortium of Rosneft and Gazprombank implements the project of Zvezda shipyard in the Far East of Russia at the request of the President of the Russian Federation. The project will have a significant multiplier effect on the economy of the region.

To ensure brand new technologies of shipbuilding and marine equipment construction, Zvezda shipyard project assumes to apply the equipment not previously used at the Russian shipyards.

China COSCO Ocean Shipping Company is the biggest shipping company in the world. It is ranked among the world's top 4 container operators and transports about 180 million tons of cargo annually. Its subsidiary Nantong COSCO Heavy Industry Corporation manufactures and supplies crane equipment for the largest shipyards in the world.

Rosneft Information Division
tel.: + 7 (499) 517-88-97
March 18, 2016

These materials contain statements about future events and expectations that are forward-looking in nature. Any statement in these materials that is not a statement of historical fact is a forward-looking statement that involves known and unknown risks, uncertainties and other factors which may cause actual results, performance or achievements expressed or implied by such forward-looking statements to differ. We assume no obligations to update the forward-looking statements contained herein to reflect actual results, changes in assumptions or changes in factors affecting these statements.

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