The Russian government's commitment to increased funding for Russia's shipyards, particularly in the St Petersburg area, will give a boost to shipyard orders and investment, according to a new report by Moscow brokerage Finam. "[Russian] shipbuilding companies have not been popular with investors," reports analyst Konstantin Romanov, blaming a slowdown in orders and obsolete technology and fixed assets.
Russian yards to get more funds
Thu 21 Feb, 2008
| Posted in: Builders
This story is available in full to Ferrynews subscribers only. Become a subscriber to see more.
This story is available in full to Ferrynews subscribers only. Become a subscriber to see more.