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Krasnoye Sormovo Shipyard and Sommet Finance sign the contract to construct two Oil Tankers

Nizhni Novgorod, May, 31, 2010. Krasnoye Sormovo Shipyard (MNP Group) and Sommet Finance signed a contract on construction of two "river-sea" oil tankers with the deadweight of over 7000 tons.

The construction will be financed by UnitCredit Bank. MNP Group is appointed as the guarantor.

The self-propelled oil tankers with 12 cargo tanks and 2 slop tanks are designed for the transportation of crude oil, gas condensate and oil products (including technological gasoline). The ship can carry three types of cargo at the same time. The ship is designed under the class KM*Icel [1] R2 AUT1- ICS OMBO LI VCS Oil Tanker (ESP) of Russian Maritime Register of Shipping. The design of the tanker was worked out by Volgo-Caspian Design Bureau.

Basic characteristics:: length overall - 141.40 m, breadth overall - 16.84 m, hull height - 6.82 m, speed - 10.5 knots, sea navigation - 20 days, river navigation - 10 days, 12 tanks, 2 slop tanks, crew - 12/14 people. Tanker's deadweight is 7080 tons, draft (river) - 3.60 m, draft (sea) - 4.60 m.

Please see MNP Group company electronic office

MNP Group incorporates: Krasnoye Sormovo Shipyard, Volgo-Caspian Design Bureau, as well as Sormovskoye Mashinostroeniye (Nizhniy Novgorod).

Company press releases

• Krasnoye Sormovo Shipyard launched the tanker ‘‘Mekhanik Erokhin"
• The tanker "Aktobe" constructed for Kazmortransflot has arrived to port of Aktau
• Krasnoye Sormovo Shipyard signed a contract with Turkmenian Sea and River Shipping Company for construction of third tanker
• Krasnoy Sormovo Shipyard Launches Oral
• Krasnoye Sormovo Shipyard Wins Tender to Deliver Oil Tanker to Turkmendenizderyaellary
• Krasnoye Sormovo Shipyard Launches "Japetus"
• Krasnoye Sormovo Shipyard Launches ‘Enceladus‘ for Saturn Shipping Company
• Krasnoye Sormovo Shipyard delivers "Hazar" Tanker to Turkmendenizderyaellary
• Tanker project 19619 "ATYRAU" was launched at Krasnoye Sormovo Shipyard
• Krasnoye Sormovo Shipyard signed a contract with Turkmenian Sea and River Shipping Company for construction of two tankers
• Tanker project 19619 "Shusha" was launched at Krasnoye Sormovo Shipyard
• Volgograd Shipyard Takes Part in Rosmorrechflot Tender
• Krasnoye Sormovo Shipyard has taken part in the tender for construction a multitask rescue and salvage ship
• The “Samur River”, the sixth tanker of the project RST22 built by Krasnoye Sormovo Shipyard passed the sea trials
• Krasnoye Sormovo Shipyard signed a contract with Kazmortransflof for construction of three tankers
• Krasnoye Sormovo Shipyard commissions the second plasma-cutting machine
• Dry-cargo ship Volgo-Max Class was launched at Volgograd Shipyard
• The sixth environmentally safe tanker project RST22 “Samur River” was launched at Krasnoye Sormovo Shipyard
• The fifth environmentally safe tanker project RST22 “Vilesh River” for Palmali Group was launched at Krasnoye Sormovo Shipyard
• Volga-Caspian Design Bureau - New Design of Dry Cargo Vessel
• The fourth tanker “Azar River” is accepted for operation by Palmali Group
• Tanker project 19619 "Zengezur" was handed over to the customer
• The tanker "Araz River" has gone to fitting-out to Rostov-on-Don
• The fourth environmentally safe tanker project RST22 for Palmali Group was launched at Krasnoye Sormovo Shipyard
• Chemical tanker project 4450 was launched at Volgograd Shipyard
• The acceptance certificate for the tanker “Kura River” project RST22 was signed
• Tanker project 19619 "Zangezur" was launched at Krasnoye Sormovo Shipyard for KASPAR
• Performance trial of the second tanker project RST 22
• Plenipotentiary of the President of the Russian Federation in the Volga Federal District Gregory Rapota visited Krasnoye Sormovo Shipyard
• The third environmentally safe tanker project RST22 for Palmali Group was launched at Krasnoye Sormovo Shipyard
• Sersey Votinssev has been appointed as CEO of Volgograd Shipyard
• Krasnoye Sormovo Shipyard is the Best Russian Exporter 2007
• New contract of Krasnoye Sormovo Shipyard and Palmali Group
• The second environmentally safe tanker project RST22 for Palmali Group was launched at Krasnoye Sormovo Shipyard
• The fourth Dry-Cargo Ship project RSD 19 was handed over to the Customer
• Annual General Meeting of Krasnoye Sormovo Shipyard
• Krasnoye Sormovo Shipyard has handed over tanker “Dorida” to Pietro Barbaro S.A.
• Krasnoye Sormovo Shipyard signed a new contract
• The fourth ship project RSD 19 was launched at Volgograd Shipyard
• The lead environmentally safe tanker project RST22 for Palmali Group was launched at Krasnoye Sormovo Shipyard
• Tanker project 19619 "Agsu" was launched at Krasnoye Sormovo Shipyard
• New contract of Krasnoye Sormovo Shipyard and Palmali Group
• Krasnoye Sormovo Shipyard started building five tankers project RST 22