USC is forced out of Novorossiysk.
Edited by Rhod Mackenzie / 2014-09-24 06:22:15
Metals and mining Oil and Gas Russia Russia Metals and Mining Russia Oil and Gas Shipbuilding Transneft
NCSP wants to take the Shipyard.
The development strategy of the Novorossiysk Shipyard (NSRZ) may change. Instead of creating a repair base for the Black Sea Fleet, which the United Shipbuilding Corporation (USC) intended, the port can be reconstructed into a cargo terminal. The principal shareholder of NSRZ – Novorossiysk Commercial Sea Port (NCSP), which plans to buy 30% stake in USC and asked for support for Vladimir Putin, – insists on it.