OPK and HHI sign a cooperation agreement for shipbuilding

According to this agreement HHI, as a partner of OPK, will provide a support in the construction of new shipbuilding facilities, shipyard management and in the building of specific types of vessels, including gas-locomotives.

Hyundai Heavy Industries is a global leader in the shipbuilding industry, dedicated to develop continuously new shipbuilding technologies. Its major products include ocean-vessels, oil- and gas-supplying vessels, container ships and special carriers.

OPK’s shipbuilding assets consist of the Severnaya Verf shipyard, the Baltiysky Zavod plant and the design bureau Iceberg. OPK intends to modernize its shipbuilding assets and construct a modern shipbuilding complex with dry dock on large-capacity vessels, platforms and the production of offshore equipment. OPK is also taking part in several shipbuilding programs, favouring arctic shelf development.