Ukraine: KSY Completes SVL LIBERTY Ahead of Schedule

On March 22, Kherson Shipyard (KSY) and SVL Group Companies (Malta) signed the Technical Completeness Report of the first vessel from the Product Carrier Tanker series, project RST 27 SVL LIBERTY.

The construction of the vessel has been completed a month before the Contract Time (the vessel’s Delivery Date as per Contract is April 30). The contracts for the construction of three complete vessels of the project between Kherson Shipyard and SVL Group Companies were signed in October 2011. The total cost of the contracts is over USD 50 million.

In early March, the completeness degree of the second tanker was 84.3 %, while that of the third was  72.2 %. All vessels will be delivered to the customer until August.

The vessels of RST 27 project belong to Volga-Don Max Class Tankers and have been designed to carry crude oil and oil products with no limitation of the flash temperature. The tankers meet the Volga-Don Shipping Canal and Volga-Baltic Sea-Rout dimensions. The vessels fully conform to the latest international requirements, including the ecological ones.

Igor Muchnik, the representative of SVL Company said:

“The vessel has successfully completed the sea trials and proved good nautical qualities. We are quite happy with the time and the tanker construction workmanship.”

Vasily V. Fedin, KSY Director General said:

“We consider the construction of complete vessels of the series as a perspective direction for our shipyard. It is a very good project and the need in tankers of this type is rather great. Nowadays, we are conducting talks with several customers on the construction of vessels of this project and I am confident that large vistas lie open before our shipyard for entering into new contracts”.

The project was elaborated by Marine Engineering Office (MEO, Odessa).

The vessel’s length o.a. is 140.85 m., the breadth is 16.86 m., the depth is 6 m. The capacity of six cargo tanks and two slop tanks is 8100 cu. m. The sea deadweight is 6980 t with the draft 4.20 m, the river deadweight with the draft 3.60 m is 5378 t. The operating speed is 10 knots. The cargo system has been designed for simultaneous transportation of 2 grades of cargoes.

At present, RST 27 project tankers are under construction, 4 vessels are undergoing updating, whereas 22 vessels are under repair.

The scope of production and services at the company in 2012 was twice bigger than the one of 2011 and it amounted to UAH 414.9 mln.

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Press release, March 26, 2013