Russia to fund new icebreakers

By Finance

Russia will invest in the construction of 2 serial universal icebreakers in 2014-2020.
Russian Prime Minister Dmitry Medvedev signed a decree:
"On the implementation of budget investment in the construction of two serial universal icebreakers." -

This text determined that the state client and client (developer) for the construction of the icebreakers will be State Atomic Energy Corporation Rosatom* and Atomflot Federal State Unitary Enterprise.

According to the Russian Government website:
"For the timely replacement of the nuclear icebreaker fleet, ensuring both uninterrupted icebreaker pilotage on the slopes of the Northern Sea Route* and year-round export of hydrocarbons from 2017 onwards from the Yamal Peninsula, construction and commissioning of three generic nuclear icebreakers by 2021, including a head-breaker no later than 2017, and the first and second serial icebreakers in 2019 and 2020 respectively"

The investment is expected to start next year and to end in 2020. The estimated cost of the project for the construction of 2 serial universal atomic ice-breakers is 86,105.43 million rubles.

With this moves Russian Federation plans to add more icebreakers to its fleet. Rosatom state corporation developed the document for the project.

In the moment there are 5 operational icebreakers on the Northern Sea Route. The new nuclear icebreakers will replace the old one "50 Let Pobedy" in 2021. The service life of the nuclear ice-breakers with shallow draught Taimyr and Vaigach ends in 2017.

*Rosatom - has control over nuclear power holding Atomenergoprom, nuclear weapons firms, research institutes and nuclear and radiation safety agencies. It also represents Russia in the world in the field of peaceful use of nuclear energy and protection of the non-proliferation regime. Rosatom operates the Russian fleet of nuclear icebreakers with Atomflot.

*Atomflot Federal State Unitary Enterprise - Rissian company for management of fleet of nuclear-powered icebreakers.

*Northern Sea Route - (or Northeast Passage) shipping lane from the Atlantic Ocean to the Pacific Ocean specifically running along the Russian Arctic coast from Murmansk on the Barents Sea, along Siberia, to the Bering Strait and Far East.