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VTB co-finances construction of large fishing vessel

 
3 February 2015

VTB co-finances construction of large fishing vessel © photoexpress.ru

VTB Bank has loaned the fishing company Robinzon Co Ltd 1.74 billion roubles for four years for the construction of a modern fishing vessel. The trawler, which is currently in the port of Kirkenes, Norway, plans to start fishing in February.

Built by the Singapore-based DP Shipbuilding and Engineering Pte Ltd, the freezer trawler has a production capacity of 225-300 tonnes and a gross registered tonnage of up to 5,000 tonnes. Following speed and performance trials in November and December 2014, the Singaporean shipyard delivered the trawler to Robinzon Co Ltd, which has registered it at the port of Murmansk.

For reference:

Robinzon Co Ltd entered the fishing market in 1993. It operates in the internal sea waters and in international waters, and is one of the largest fishing companies in the Northern Basin. It catches pelagic fish species such as herring, blue whiting and mackerel. The company owns four large fishing vessels: Morskoy Priboy, Kapitan Morgun, Kapitan Sulimov and Mekhanik Sergei Agapov.

Tags:
lending, VTB Bank

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