Rosatom optimizes composite shipbuilding project due to macroeconomic situation
YUZHNO-SAKHALINSK. Oct 15 (Interfax) - Rosatom state corporation will not implement the composite shipbuilding project on Sakhalin and plans to locate these facilities at an existing enterprise in the Ulyanovsk region.
"Since the approval of the composite shipbuilding project on Sakhalin (2023), there have been significant changes in macroeconomic conditions amid the increase in the Central Bank of Russia's key rate as a consequence of measures to combat increased inflation. These changes have led to an increase in the project's costs and made its implementation in the region currently inexpedient," the press service of Rosatom's composite division told Interfax.
Rosatom is developing an updated project concept, which involves organizing a composite shipyard together with the production of wind turbine blades at an existing enterprise of the composite division in Ulyanovsk. This will optimize the project's launch costs, it said.
According to information contained in the Unified State Register of Legal Entities, the operator of the Sakhalin project, JSC Rusatom Korsakovskaya Verf, has initiated liquidation procedures.
It was previously reported that in September 2022 at the Eastern Economic Forum in Vladivostok, Sakhalin region Governor Valery Limarenko signed a cooperation agreement with JSC Yumatex (a structure of Rosatom) on creating a composite shipbuilding enterprise on Sakhalin.
In 2024, Limarenko announced the start of the project's implementation based on the port facilities of a former fish cannery. Investment was estimated at 7.4 billion rubles, with the enterprise's capacity being 50 vessels per year. It was assumed that the shipyard would produce modern vessels of five types and sizes from lightweight and durable composite materials - four types of catamarans with a capacity from 12 to 150 passengers, including sailing and high-speed ones, as well as fishing vessels for coastal fishing.
It was also reported that in December 2024, Rosatom launched the production of blades for wind power stations in Ulyanovsk.