VFT Inks USD 138 Million Financing Agreement for 10 Tanker Vessels (Russia)

The company Volga Fleet Tanker, part of  UCL Holding, recently signed an agreement with OAO Gazprombank to attract long-term financing of $ 138 million in funds that will be used for construction of 10 tankers of RST 27 project at the production facilities of JSC Oka shipyard.

Tankers product carriers of “river-sea” are intended to transport oil and petroleum products, and can carry two grades of cargo simultaneously. Transfer of vessels to the customer is scheduled for 2012-2014,.

Construction is carried out as part of the fleet renewal program VBTH, which, inter alia, envisages construction of 20 ships in the Russian project RST27 shipyards.

Main dimensions:

Length overall – m 140.85

Length between PP – m 137.10

Breadth scantlings – 16.70 m

Depth,  6.00m

Draught, m (in sea / in river) 4.20 / 3.60

Deadweight, t (in sea / river) 6980 / 5378

JSC OKA Shipyard was founded in 1907 and is a company dedicated to the construction of medium-tonnage vessels. The main activities of the company are: shipbuilding (bulk oil and dry cargo medium-tonnage vessels for combined navigation, container ships, special vessels and barges), bridge building (mobile pontoons, different types of road bridges) and metal constructions.

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Shipbuilding Tribune Staff, December 27, 2011; Image: meb