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Stay afloat

How hard will shipbuilders of the Khabarovsk Territory have without state support?

The Ministry of Finance of Russia refused to provide in the budget for next year money for additional capitalization of the Amur and Khabarovsk shipyards. Without state support, enterprises will not be able to work, therefore, the authorities of the Khabarovsk Territory will continue negotiations with federal departments on the allocation of 8,6 billion rubles for plants. Even in the case of loading enterprises with orders from fishing companies, the lack of additional capitalization will aggravate the financial situation of shipbuilders.

Stay afloat

Debts under the keel

The information that the Ministry of Finance rejected the proposal of the Ministry of Industry and Trade to capitalize the shipyards of the Khabarovsk Territory during the formation of the budget law was announced on October 7 at an interagency meeting in the State Duma on the development of the shipbuilding industry. At the Khabarovsk Shipyard (KhSZ) refrained from commenting on this matter, adding that higher organizations were involved in the recapitalization issues. Amur Shipyard (NEA) did not respond to EastRussia's request.

Regional authorities disagree with the position of the Ministry of Finance and intend to seek targeted support for enterprises.

"Sergey Ivanovich (Governor Furgal - прим. ред.) signed a document addressed to the head of the Ministry of Finance of Russia Siluanov with a request to once again consider the issue in the ministry. We will continue to work in this direction, ”said Sergey Denisenko, Minister of Industry of the Khabarovsk Territory.

He clarified that there is no final decision on the plants on the part of the Ministry of Industry and Trade, the Ministry of Defense and the Deputy Prime Minister of the Russian Federation on issues of the military-industrial complex Yuri Borisov. The regional authorities sent all of them appeals for the allocation of assistance for additional capitalization.

In October-November, the governor and the Minister of Transport of the Khabarovsk Territory plan several trips to Moscow, during which meetings with the leadership of federal departments should be held on the fate of shipyards.

“We will stand our ground in order for recapitalization to happen by the end of the year or the next,” Sergey Denisenko emphasized.

According to him, this will primarily reduce the debt burden of enterprises.

“Take the Amur Shipyard, which has over ten billion rubles of debt. This is a big burden, they pay more than 1,2 billion rubles in interest to banks per year. The same situation with the Khabarovsk shipyard. If we remove the burden and what we do, increase the load, the enterprises will be able to work more or less stably, ”the minister concluded.

Catch the crab

Recently, NEA and KhSZ are considered as serious platforms for fulfilling orders from fishing companies in the Far East. As part of the investment quotas program, by the end of the 2025 of the year, Russian shipyards should build 43 fishing vessels, including 18 for the Far East. This is mainly a large-capacity fleet. The total volume of private investment will exceed 166 billion rubles. All 43 vessels have been contracted, the press service of the Federal Agency for Fishery informed, construction of 25 of them is already in progress in factories in the European part of Russia, the rest will be laid before 2022.

At the same time, the department sees opportunities for further implementation of the mechanism of investment quotas. So, the shares on bottom-food fish species in the Far Eastern Basin are not fully distributed. To increase investor interest in these facilities, in early September, the Russian government adopted amendments to the regulatory framework, developed by the Ministry of Agriculture and the Federal Agency for Fishery, suggesting an increase in the size of quotas for the production of bottom-food fish species. Due to this, additional 12 vessels can be built.

Measures of state support for the construction of small- and medium-tonnage vessels at those facilities that are not included in the investment quota program are also being worked out, which shipbuilders in the Khabarovsk Territory may well claim. This tool provides compensation up to 30% of the cost of building a fishing vessel at Russian shipyards. Now the corresponding draft resolution is undergoing interagency coordination. This program can be supplemented by projects for the construction of ships for the specialized fishing of certain types of fish in the Far East, for example, Iwashi sardines.

A lot is said today about updating the crab fleet. According to preliminary calculations, an 31 crab ship should be built for the Far Eastern fisheries basin.

“We must find support mechanisms so that most of this order comes here, to the Far East, so that it is beneficial for customers to work with Far Eastern shipyards. This mechanism should be determined by the Ministry of Industry and Trade of Russia together with the Ministry for the Development of the Far East, ”Deputy Prime Minister and Presidential Envoy to the Far Eastern Federal District Yuri Trutnev said at a recent meeting in Khabarovsk with the participation of leaders of Far Eastern shipyards.

According to the government of the Khabarovsk Territory, KhSZ and NES confirm the possibility of building 14 vessels for crab mining. Factories are ready to ensure the implementation of this order within five years.

Meet interests

“We have high hopes for crabfish and other fishing vessels,” said Konstantin Yaurov, head of the marketing and foreign economic department of Khabarovsk Shipyard JSC, to EastRussia.

He clarified that today the plant is working quite closely with fishermen, although the company has not stopped these contacts - the list of products manufactured by shipbuilders, in particular, includes the average 05025 freezer trawler.

“Inquiries are coming to us, we are meeting with potential customers. Like any manufacturer, we hope that the buyer will be. We provide everything for this: the plant has capacities, experience, an adequate average Russian price, ”Konstantin Yaurov assured.

At the same time, he admitted, despite the measures taken by the state to stimulate fishermen to build ships in domestic shipyards, this process is not easily progressed.

“Sometimes they think that foreign is better than Russian, and they don’t know at all what is being done in Russia,” said a representative of the plant.

The Ministry of Industry of the Khabarovsk Territory also counts on placing orders for crab fishermen in the region.

“Naturally, there is a bidding between shipbuilders and fishermen,” says Sergey Denisenko. “Fishermen want cheaper, shipbuilders (one cannot say that they want a big margin) are laying 5-6% of profitability, as is customary.”

Therefore, various types of support for fishers and shipyards are being considered. Among them are the provision of concessional financing from the Far East Development Fund for the development of infrastructure, obtaining tax incentives for the creation of new capacities within the framework of regimes of priority development territories and free ports. 

In addition, a project to support domestic engineering, including the shipbuilding industry, was sent to the Russian government for consideration. It implies the legislative possibility of including the costs of the modernization of fixed assets, staff training, research and development work in other expenses in the amount of actual costs with the coefficient 1,5 for calculating the amount of income tax payable.

“My opinion, the experience of today's shipbuilding in China and the experience of building America on fishing vessels suggests that without government intervention, these issues (the development of the civilian fleet and shipbuilding capacities - прим. ред.) are not positively resolved, ”says Konstantin Yaurov.


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