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Indian Shipyards to Build 24 Cargo Ships for Russia by 2027

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The Goa shipyards in India will build 24 cargo ships for operation in the Caspian Sea with the participation of the Russian Export Center by 2027. Dmitry Dubovik, Director of the Caspian International Integration Club "North - South", made this announcement at the International Forum in Astrakhan.
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First four ships are scheduled to be completed in the first quarter of 2024, he noted. The cargo ships will be deployed in the Caspian Sea.

As Dubovik explained in an interview with the media, their construction will be carried out with the participation of the Russian Export Centre, and the project is planned to be implemented by 2027.
The advantages of cooperation with India include a price that will be twice that of Russian manufacturers, as well as business rates of 2-3% instead of the 18.6% currently offered by the State Transport Leasing Company (STLC).

STLC emphasizes that it primarily supports shipbuilding through state programs and investment projects, providing favorable financing terms
Screenshot_20231101-173310_Chrome.jpg

The North-South International Forum will be held in Astrakhan on 25-26 October. The event will bring together more than 150 companies from Iran, Pakistan, Oman, UAE, India, Azerbaijan, Turkmenistan, Uzbekistan, Kazakhstan, Belarus and other countries.

The forum is held with the support of the Government of the Astrakhan Region, the State Corporation "Rusiranexpo", the Caspian International Integration Club "North - South". The event will bring together representatives of the countries located along the route of the international transport corridor, export-import companies, equipment and food manufacturers, other logistics companies and all those interested in increasing sales.

@CallSignMaverick @Raj-Hindustani @Cheepek @protean @Hellfire2006 @migflug @mig25 @kmc_chacko @SoulSpokesman @Faceless
 
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View attachment 967235
The Goa shipyards in India will build 24 cargo ships for operation in the Caspian Sea with the participation of the Russian Export Center by 2027. Dmitry Dubovik, Director of the Caspian International Integration Club "North - South", made this announcement at the International Forum in Astrakhan.
View attachment 967234

First four ships are scheduled to be completed in the first quarter of 2024, he noted. The cargo ships will be deployed in the Caspian Sea.

As Dubovik explained in an interview with the media, their construction will be carried out with the participation of the Russian Export Centre, and the project is planned to be implemented by 2027.
The advantages of cooperation with India include a price that will be twice that of Russian manufacturers, as well as business rates of 2-3% instead of the 18.6% currently offered by the State Transport Leasing Company (STLC).

STLC emphasizes that it primarily supports shipbuilding through state programs and investment projects, providing favorable financing terms
View attachment 967233
The North-South International Forum will be held in Astrakhan on 25-26 October. The event will bring together more than 150 companies from Iran, Pakistan, Oman, UAE, India, Azerbaijan, Turkmenistan, Uzbekistan, Kazakhstan, Belarus and other countries.

The forum is held with the support of the Government of the Astrakhan Region, the State Corporation "Rusiranexpo", the Caspian International Integration Club "North - South". The event will bring together representatives of the countries located along the route of the international transport corridor, export-import companies, equipment and food manufacturers, other logistics companies and all those interested in increasing sales.

@CallSignMaverick @Raj-Hindustani @Cheepek @protean @Hellfire2006 @migflug @mig25 @kmc_chacko @SoulSpokesman @Faceless
Was expected since they had a lot of Rupees left with them which they couldn't use much earlier.

RIP Russian shipping lines
Cope
 
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View attachment 967235
The Goa shipyards in India will build 24 cargo ships for operation in the Caspian Sea with the participation of the Russian Export Center by 2027. Dmitry Dubovik, Director of the Caspian International Integration Club "North - South", made this announcement at the International Forum in Astrakhan.
View attachment 967234

First four ships are scheduled to be completed in the first quarter of 2024, he noted. The cargo ships will be deployed in the Caspian Sea.

As Dubovik explained in an interview with the media, their construction will be carried out with the participation of the Russian Export Centre, and the project is planned to be implemented by 2027.
The advantages of cooperation with India include a price that will be twice that of Russian manufacturers, as well as business rates of 2-3% instead of the 18.6% currently offered by the State Transport Leasing Company (STLC).

STLC emphasizes that it primarily supports shipbuilding through state programs and investment projects, providing favorable financing terms
View attachment 967233
The North-South International Forum will be held in Astrakhan on 25-26 October. The event will bring together more than 150 companies from Iran, Pakistan, Oman, UAE, India, Azerbaijan, Turkmenistan, Uzbekistan, Kazakhstan, Belarus and other countries.

The forum is held with the support of the Government of the Astrakhan Region, the State Corporation "Rusiranexpo", the Caspian International Integration Club "North - South". The event will bring together representatives of the countries located along the route of the international transport corridor, export-import companies, equipment and food manufacturers, other logistics companies and all those interested in increasing sales.

@CallSignMaverick @Raj-Hindustani @Cheepek @protean @Hellfire2006 @migflug @mig25 @kmc_chacko @SoulSpokesman @Faceless
Win win for both India and Russia.
This might help in our remaining payment to Russia top right?
 
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This was done because of long standing payment issue. India doesn't want to pay with RMB, and Russia won't accept Rupee/USD. So, it's essentially no other options left for either countries. It was reported few days back itself in the social media. Now just major media is reporting it.

PS., India owes Russia $39 billion. 24 ships won't be remotely enough for $39 billion.
 
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View attachment 967235
The Goa shipyards in India will build 24 cargo ships for operation in the Caspian Sea with the participation of the Russian Export Center by 2027. Dmitry Dubovik, Director of the Caspian International Integration Club "North - South", made this announcement at the International Forum in Astrakhan.
View attachment 967234

First four ships are scheduled to be completed in the first quarter of 2024, he noted. The cargo ships will be deployed in the Caspian Sea.

As Dubovik explained in an interview with the media, their construction will be carried out with the participation of the Russian Export Centre, and the project is planned to be implemented by 2027.
The advantages of cooperation with India include a price that will be twice that of Russian manufacturers, as well as business rates of 2-3% instead of the 18.6% currently offered by the State Transport Leasing Company (STLC).

STLC emphasizes that it primarily supports shipbuilding through state programs and investment projects, providing favorable financing terms
View attachment 967233
The North-South International Forum will be held in Astrakhan on 25-26 October. The event will bring together more than 150 companies from Iran, Pakistan, Oman, UAE, India, Azerbaijan, Turkmenistan, Uzbekistan, Kazakhstan, Belarus and other countries.

The forum is held with the support of the Government of the Astrakhan Region, the State Corporation "Rusiranexpo", the Caspian International Integration Club "North - South". The event will bring together representatives of the countries located along the route of the international transport corridor, export-import companies, equipment and food manufacturers, other logistics companies and all those interested in increasing sales.

@CallSignMaverick @Raj-Hindustani @Cheepek @protean @Hellfire2006 @migflug @mig25 @kmc_chacko @SoulSpokesman @Faceless

lol - well i guess they found a use for all those rupees they got for oil - a big Win-Win for India on both accounts ...
 
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