13 Feb 2024 10:39

Sinara preparing to produce engines for large-tonnage civilian vessels - newspaper

YEKATERINBURG. Feb 13 (Interfax) - The Sinara Group may collaborate with the State in a project to produce low-speed marine engines with over 10 MW in capacity for large-tonnage civil vessels such as gas carriers, tankers, bulk carriers, and container ships, Kommersant said, citing sources.

The total cost of the project is estimated at up to 190 billion rubles.

Kommersant's sources say that the company has already completed preparatory studies for the project. It is expected that Sinara will create an engineering center in 2024 to conduct project-related research and development work. The first samples of Russian low-speed engines could be ready within five years.

The former Red October machine-building plant in Volgograd is being considered as a possible production site; it is currently undergoing bankruptcy proceedings, and does not yet belong to Sinara, the newspaper said.

The need for new production has arisen because of sanctions. Russian shipbuilding companies lost the opportunity to buy civilian ship engines abroad. "Russian enterprises can produce engines with maximum power of up to 7.5 MW, but large-tonnage ships require higher-power low-speed engines, which Russia does not yet produce," the article said.

One of Kommersant's sources said that the power of Sinara's engines would not exceed 12 MW.

The Sinara press service did not comment to Interfax regarding its potential role in the project.

Sinara Group, founded in 2001, is a diversified company that combines enterprises from various industries. Priority business areas are transport engineering, financial services and development.