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Zvezda

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uuid003hj9b

Namestring
Zvezda
Legal namestring
PUBLIC JOINT STOCK COMPANY "ZVEZDA"
Websiteurl
zvezda.spb.ru
Company typeenum
Public
Founded yearint
1932
Descriptiontext

PAO Zvezda is a Saint Petersburg-based industrial manufacturer founded in 1932 that designs and produces high-speed diesel engines, heavy marine gearboxes, and diesel generator sets. Its core product line centers on the proprietary ChN18/20 and ChN16/17 diesel engine series with power output from 500 to 7,400 kW, complemented by marine reduction and reverse-reduction gearboxes rated up to 20,000 kW, and diesel generators from 315 to 1,000 kW built on its own engine platforms. Manufacturing is fully vertically integrated across foundry, forge-press, machining, galvanic, thermal, assembly-testing, and tooling operations on a single production site at ul. Babushkina, 123, Saint Petersburg.

The company serves three primary end-markets: Russian shipbuilders requiring propulsion systems for speedboats and larger naval and commercial vessels; railway operators using diesel railcars for passenger transport; and critical energy infrastructure operators (gas pipelines, oil pipelines, communication nodes) that depend on Zvezda's emergency backup diesel generator sets. Product quality is certified to ISO-9001:2015 by Bureau Veritas, with specific marine engine models certified by Germanischer Lloyd, the Russian Maritime Register of Shipping, and the Russian River Register. Beyond discrete products, Zvezda offers turnkey ship energy equipment packages that bundle engines, gearboxes, and generators with installation, commissioning, maintenance, spare parts, repair, and training services.

Zvezda operates exclusively through direct B2B sales to industrial customers and explicitly does not use intermediaries, a policy reinforced on its website to combat counterfeit parts. The company is a public joint stock company listed on the Moscow Exchange in the third tier, with a diversified shareholder base serviced by an independent registrar (NPK ROST). The active management team is led by General Director Pyotr Petrovich Skvortsov, supported by Commercial Director Pavel Borisovich Solkin, Procurement Director Artur Karenovich Babayan, and Deputy General Director Mikhail Volkov. Pricing is not publicly disclosed; commercial quotes are handled directly via the sales department.

Short descriptiontext

PAO Zvezda is a Saint Petersburg-based Russian manufacturer of high-speed diesel engines (500-7,400 kW), marine gearboxes up to 20,000 kW, and diesel generators (315-1,000 kW), serving shipbuilders, railway operators, and critical energy infrastructure customers through direct B2B sales.

Operating statusenum
Operating
Ownership categoryenum
Headcount rangeband
1,001–5,000
akta.pro rankint
HeadquartersBabushkin, Russia
HQ citystring
Babushkin
HQ countrystring
Russia
HQ regionstring
Europe
Markets served

Serves global market

Offices1 record

Each record includes

City, Country, Type, Description, Source

Keyword5 values
high-speed diesel engines, marine reduction gears, diesel generator sets, ship propulsion systems, industrial diesel aggregates
Industry4 codes
1Marine Diesel & Dual-Fuel Engines
CodeIMAJAHAAPrimaryYes
2Marine Generators, Alternators & Power Electronics (Gen-sets, VFDs, converters)
CodeIMAJAHAIPrimaryNo
3Propulsion, Power & Energy Systems Design (Diesel, Hybrid, Electric, Alternative Fuels)
CodeIMAJAGAEPrimaryNo
4Diesel Engine Power Plants (Medium/High-Speed Reciprocating)
CodeEUACACABPrimaryNo
NAICS code2 codes
  • Engine, Turbine, and Power Transmission Equipment Manufacturing3336
  • Turbine and Turbine Generator Set Units Manufacturing333611
SIC code2 codes
  • Engines & Turbines3510
  • Motors & Generators3621
Product category
Industrial Diesel Engine Manufacturing
No data
Marketing channels2 records

Each record includes

Title, Type, Stage, Description, Source

Distribution channels1 record

Each record includes

Title, Type, Scope, Target buyer, Description, Source

Cost components6 values
Personnel, Operations, Supply Chain, Technology or R&D, Infrastructure, Marketing or Sales
GTM typeB2B
B2B
Offering typeHardware or Manufacturing
Hardware or Manufacturing
Core offering1 text field

PAO Zvezda develops and manufactures high-speed diesel engines (ChN18/20 and ChN16/17 series, 500-7400 kW), heavy marine reduction gearboxes (up to 20,000 kW), and diesel generator sets (315-1000 kW), serving Russian shipbuilders, railway operators, and critical energy infrastructure. The company also delivers turnkey ship energy equipment packages and provides comprehensive after-sales services including installation, commissioning, maintenance, spare parts, repair, and training.

Differentiator
Functional benefit
Problem solved
Product overview1 text field

PAO Zvezda is a leading Russian developer and manufacturer specializing in high-speed diesel engines, ship reduction gears, and diesel generator sets. The product portfolio centers on three core offerings: high-speed diesel engines in the ChN18/20 and ChN16/17 series (500-7400 kW) for shipbuilding, railway, and industrial use; heavy ship reduction gears rated up to 20,000 kW for propulsion systems; and diesel generators (315-1000 kW) including emergency backup units. These products are offered both individually and as integrated turnkey ship energy solutions. The company also provides comprehensive services including design, installation, commissioning, maintenance, repair, and staff training, along with aluminum casting and precision CNC machining capabilities.

Product and service3 records
1High-Speed Diesel Engines (ChN18/20 and ChN16/17 series)
CategoryDiesel Engines
Description

High-speed diesel engines and aggregates with power output from 500 to 7400 kW, designed for shipbuilding, railway transport, diesel generators, and industrial applications. Built on proprietary designs refined since 1945, these are the company's foundational product line.

2Heavy Marine Reduction and Reverse-Reduction Gearboxes
CategoryMarine Propulsion Equipment
Description

Heavy marine reduction gears and reverse-reduction gearboxes with transmitted power capacity up to 20,000 kW, designed for integration into diesel-diesel, diesel-gas turbine, and gas turbine propulsion systems for various naval and commercial marine applications.

3Marine and Industrial Diesel Generator Sets
Recent move5 records

Each record includes

Date, Type, Title, Description, Source

Expansion highlight4 records

Each record includes

Type, Description

Peers10 records
TypeDirect peer
Description

Major manufacturer of marine engines (including diesel and gas turbine), marine gears, and integrated ship propulsion systems. Comparable to Zvezda across diesel engines, marine reduction gears, and ship energy packages.

TypeDirect peer
Description

Finnish manufacturer of marine engines (including four-stroke diesel), ship power packages, and energy solutions for marine and oil & gas. Closely comparable product portfolio to Zvezda across marine propulsion and diesel gensets.

TypeDirect peer
Description

Marine power division of Caterpillar producing high-speed diesel and gas marine engines, generator sets, and propulsion systems. Comparable in engine power ranges and target customer base of commercial and naval shipbuilders.

TypeDirect peer
Description

Manufactures MTU high-speed diesel and gas engines for ships, heavy land vehicles, and stationary power generation, plus complete propulsion systems. Directly comparable to Zvezda's ChN18/20 high-speed engines and turnkey ship power offerings.

TypeDirect peer
Description

Global manufacturer of diesel engines including marine, rail, and power generation applications. Comparable to Zvezda across high-speed diesel engines and gensets, though Cummins' product range spans a much wider power band.

TypeDirect peer
Description

German manufacturer of compact and mid-range diesel and gas engines for marine, automotive, agricultural, and stationary power applications. Comparable in the lower end of Zvezda's engine power range and serves overlapping customer types.

7PJSC Saturn
TypeRegional player
Description

Russian manufacturer of gas turbine engines for marine propulsion, power generation, and industrial drives. Comparable as a Russian-headquartered propulsion systems supplier competing for similar domestic naval and commercial vessel programs.

TypeDirect peer
Description

One of the world's largest manufacturers of large two-stroke and four-stroke marine diesel engines, plus turbomachinery and power plant engines. Directly competes with Zvezda in high-speed marine diesel engines, marine propulsion packages, and diesel gensets.

TypeDirect peer
Description

Produces marine diesel engines, drive systems, and complete propulsion packages for commercial and leisure vessels. Overlaps with Zvezda's high-speed marine diesel engine business, particularly in the smaller commercial and workboat segments.

TypeDirect peer
Description

Belgian manufacturer of medium-speed diesel engines for marine propulsion and power generation. Closely comparable in product type (marine and stationary diesel engines) and in serving shipbuilders and genset integrators.

Market position
Strengths4 records

Each record includes

Headline, Details, Source

Weaknesses4 records

Each record includes

Headline, Details, Source

Competitive moat3 records

Each record includes

Type, Details

Key risks6 records

Each record includes

Headline, Details, Source

Key highlights6 records

Each record includes

Headline, Details, Source

Customer concentration

Classification, Details

Segment3 records

Each record includes

Title, Type, Primary, Description, Pain point addressed, Use case, Source

Ideal customer profile3 records

Each record includes

Profile, Firmographic size, Sales motion, Sales cycle length, Buying structure, Purchase trigger, Buyer persona, Geography, Industry vertical, Primary use case, Description, Pain points, Evidence proof points, Target buyer

Technology focused
No
API detail
Has APIbool
No

Docs URL, Description

AI maturity
App detail

Has app

Feature4 records

Each record includes

Title, Differentiator, Description, Source

Core technology
Revenue estimate
Valuation estimate
Number of profiles
Profiles4 records

Each record includes

Name, Designation, Designation category, Overview, Profile commentary, Source

No data
Compliance2 records

Each record includes

Name, Class, Description

Funding overview

Funding stage, Last funding date, Total funding USD

Funding rounds

Each record includes

Round, Amount USD, Date, Pre money valuation, Total investors, Investors, News

Investors

Each record includes

Name, Type, Date of entry, Rounds participated, Website

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Each record includes

Name, Acquisition type, Announced date, Completed date, Status, Website, News

Investment

Each record includes

Name, Round, Announced date, Lead investor, Website, News

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Zvezda

Industrial Diesel Engine Manufacturingzvezda.spb.ru

PAO Zvezda is a Saint Petersburg-based Russian manufacturer of high-speed diesel engines (500-7,400 kW), marine gearboxes up to 20,000 kW, and diesel generators (315-1,000 kW), serving shipbuilders, railway operators, and critical energy infrastructure customers through direct B2B sales.

What Zvezda does

PAO Zvezda is a Saint Petersburg-based industrial manufacturer founded in 1932 that designs and produces high-speed diesel engines, heavy marine gearboxes, and diesel generator sets. Its core product line centers on the proprietary ChN18/20 and ChN16/17 diesel engine series with power output from 500 to 7,400 kW, complemented by marine reduction and reverse-reduction gearboxes rated up to 20,000 kW, and diesel generators from 315 to 1,000 kW built on its own engine platforms. Manufacturing is fully vertically integrated across foundry, forge-press, machining, galvanic, thermal, assembly-testing, and tooling operations on a single production site at ul. Babushkina, 123, Saint Petersburg.

The company serves three primary end-markets: Russian shipbuilders requiring propulsion systems for speedboats and larger naval and commercial vessels; railway operators using diesel railcars for passenger transport; and critical energy infrastructure operators (gas pipelines, oil pipelines, communication nodes) that depend on Zvezda's emergency backup diesel generator sets. Product quality is certified to ISO-9001:2015 by Bureau Veritas, with specific marine engine models certified by Germanischer Lloyd, the Russian Maritime Register of Shipping, and the Russian River Register. Beyond discrete products, Zvezda offers turnkey ship energy equipment packages that bundle engines, gearboxes, and generators with installation, commissioning, maintenance, spare parts, repair, and training services.

Zvezda operates exclusively through direct B2B sales to industrial customers and explicitly does not use intermediaries, a policy reinforced on its website to combat counterfeit parts. The company is a public joint stock company listed on the Moscow Exchange in the third tier, with a diversified shareholder base serviced by an independent registrar (NPK ROST). The active management team is led by General Director Pyotr Petrovich Skvortsov, supported by Commercial Director Pavel Borisovich Solkin, Procurement Director Artur Karenovich Babayan, and Deputy General Director Mikhail Volkov. Pricing is not publicly disclosed; commercial quotes are handled directly via the sales department.

Zvezda firmographics

Firmographics
Name
Zvezda
Legal name
PUBLIC JOINT STOCK COMPANY "ZVEZDA"
Website
https://zvezda.spb.ru
Company type
Public
Founded year
1932
Operating status
Operating
Headcount range
1,001–5,000 employees
Short description
PAO Zvezda is a Saint Petersburg-based Russian manufacturer of high-speed diesel engines (500-7,400 kW), marine gearboxes up to 20,000 kW, and diesel generators (315-1,000 kW), serving shipbuilders, railway operators, and critical energy infrastructure customers through direct B2B sales.
Ownership category
akta.pro rank

Zvezda industry classification

Industry
Product category
Industrial Diesel Engine Manufacturing
NAICS
Engine, Turbine, and Power Transmission Equipment Manufacturing (3336), Turbine and Turbine Generator Set Units Manufacturing (333611)
SIC
Engines & Turbines (3510), Motors & Generators (3621)
akta.pro primary industry
Marine Diesel & Dual-Fuel Engines (IMAJAHAA)
akta.pro secondary industries
Marine Generators, Alternators & Power Electronics (Gen-sets, VFDs, converters) (IMAJAHAI), Propulsion, Power & Energy Systems Design (Diesel, Hybrid, Electric, Alternative Fuels) (IMAJAGAE), Diesel Engine Power Plants (Medium/High-Speed Reciprocating) (EUACACAB)

Keywords

  • High-speed diesel engines
  • Marine reduction gears
  • Diesel generator sets
  • Ship propulsion systems
  • Industrial diesel aggregates

Where Zvezda is headquartered

Location

Headquarters

HQ city
Babushkin
HQ country
Russia
HQ region
Europe

Offices1 record

Markets served

Zvezda business model

Business model
GTM type
B2B
Offering type
Hardware or Manufacturing
Cost components
Personnel, Operations, Supply Chain, Technology or R&D, Infrastructure, Marketing or Sales

Distribution channels1 record

Marketing channels2 records

Zvezda product offering

Product offering

Core offering

PAO Zvezda develops and manufactures high-speed diesel engines (ChN18/20 and ChN16/17 series, 500-7400 kW), heavy marine reduction gearboxes (up to 20,000 kW), and diesel generator sets (315-1000 kW), serving Russian shipbuilders, railway operators, and critical energy infrastructure. The company also delivers turnkey ship energy equipment packages and provides comprehensive after-sales services including installation, commissioning, maintenance, spare parts, repair, and training.

Product overview

PAO Zvezda is a leading Russian developer and manufacturer specializing in high-speed diesel engines, ship reduction gears, and diesel generator sets. The product portfolio centers on three core offerings: high-speed diesel engines in the ChN18/20 and ChN16/17 series (500-7400 kW) for shipbuilding, railway, and industrial use; heavy ship reduction gears rated up to 20,000 kW for propulsion systems; and diesel generators (315-1000 kW) including emergency backup units. These products are offered both individually and as integrated turnkey ship energy solutions. The company also provides comprehensive services including design, installation, commissioning, maintenance, repair, and staff training, along with aluminum casting and precision CNC machining capabilities.

Differentiator

Problem solved

Functional benefit

Products and services

  • High-Speed Diesel Engines (ChN18/20 and ChN16/17 series) High-speed diesel engines and aggregates with power output from 500 to 7400 kW, designed for shipbuilding, railway transport, diesel generators, and industrial applications. Built on proprietary designs refined since 1945, these are the company's foundational product line.
  • Heavy Marine Reduction and Reverse-Reduction Gearboxes Heavy marine reduction gears and reverse-reduction gearboxes with transmitted power capacity up to 20,000 kW, designed for integration into diesel-diesel, diesel-gas turbine, and gas turbine propulsion systems for various naval and commercial marine applications.
  • Marine and Industrial Diesel Generator Sets

Companies that use Zvezda

Customer profile

Segments3 records

Ideal customer profiles3 records

Zvezda technology and API

Technology

Technology focussed No

API detail

Has API
No
API docs
API detail

Core technology

AI maturity

App detail

Feature4 records

Zvezda partnerships and signals

Strategic signal

Recent moves5 records

Expansion highlights4 records

Zvezda competitors and assessment

Company assessment

Direct peers

  • Mitsubishi Heavy Industries Marine: Major manufacturer of marine engines (including diesel and gas turbine), marine gears, and integrated ship propulsion systems. Comparable to Zvezda across diesel engines, marine reduction gears, and ship energy packages.
  • Wärtsilä: Finnish manufacturer of marine engines (including four-stroke diesel), ship power packages, and energy solutions for marine and oil & gas. Closely comparable product portfolio to Zvezda across marine propulsion and diesel gensets.
  • Caterpillar Marine: Marine power division of Caterpillar producing high-speed diesel and gas marine engines, generator sets, and propulsion systems. Comparable in engine power ranges and target customer base of commercial and naval shipbuilders.
  • Rolls-Royce Power Systems (MTU): Manufactures MTU high-speed diesel and gas engines for ships, heavy land vehicles, and stationary power generation, plus complete propulsion systems. Directly comparable to Zvezda's ChN18/20 high-speed engines and turnkey ship power offerings.
  • Cummins: Global manufacturer of diesel engines including marine, rail, and power generation applications. Comparable to Zvezda across high-speed diesel engines and gensets, though Cummins' product range spans a much wider power band.
  • Deutz AG: German manufacturer of compact and mid-range diesel and gas engines for marine, automotive, agricultural, and stationary power applications. Comparable in the lower end of Zvezda's engine power range and serves overlapping customer types.
  • MAN Energy Solutions: One of the world's largest manufacturers of large two-stroke and four-stroke marine diesel engines, plus turbomachinery and power plant engines. Directly competes with Zvezda in high-speed marine diesel engines, marine propulsion packages, and diesel gensets.
  • Volvo Penta: Produces marine diesel engines, drive systems, and complete propulsion packages for commercial and leisure vessels. Overlaps with Zvezda's high-speed marine diesel engine business, particularly in the smaller commercial and workboat segments.
  • Anglo Belgian Corporation: Belgian manufacturer of medium-speed diesel engines for marine propulsion and power generation. Closely comparable in product type (marine and stationary diesel engines) and in serving shipbuilders and genset integrators.

Regional players

  • PJSC Saturn: Russian manufacturer of gas turbine engines for marine propulsion, power generation, and industrial drives. Comparable as a Russian-headquartered propulsion systems supplier competing for similar domestic naval and commercial vessel programs.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat3 records

Key risks6 records

Key highlights6 records

Customer concentration

Zvezda compliance and trust

Trust signal

Compliance2 records

Zvezda financial estimates

Financial estimate

Revenue estimate

Valuation estimate

Zvezda leadership team

Management profile

Number of profiles

Profiles4 records

Zvezda funding detail

Funding detail

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

Zvezda M&A and investment

M&A and investment

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Zvezda

What does Zvezda do?

PAO Zvezda develops and manufactures high-speed diesel engines (ChN18/20 and ChN16/17 series, 500-7400 kW), heavy marine reduction gearboxes (up to 20,000 kW), and diesel generator sets (315-1000 kW), serving Russian shipbuilders, railway operators, and critical energy infrastructure. The company also delivers turnkey ship energy equipment packages and provides comprehensive after-sales services including installation, commissioning, maintenance, spare parts, repair, and training.

Is Zvezda a public or private company?

Zvezda is a public company. It is classified as public and is currently operating.

When was Zvezda founded?

Zvezda was founded in 1932. It employs 1,001 to 5,000 people.

Where is Zvezda based?

Zvezda is headquartered in Babushkin, Russia, in the Europe region.

Who are Zvezda's main competitors?

Direct peers on record are Mitsubishi Heavy Industries Marine, Wärtsilä, Caterpillar Marine, Rolls-Royce Power Systems (MTU), Cummins, Deutz AG, MAN Energy Solutions, Volvo Penta and Anglo Belgian Corporation. PJSC Saturn is listed as a regional player.

Does Zvezda have an API?

No public API is recorded for Zvezda.

What industry is Zvezda in?

Zvezda's product category is Industrial Diesel Engine Manufacturing. Its primary akta.pro industry code is IMAJAHAA, Marine Diesel & Dual-Fuel Engines, with a secondary code of IMAJAHAI, Marine Generators, Alternators & Power Electronics (Gen-sets, VFDs, converters). Its NAICS code is 3336 and its SIC code is 3510.

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Live signals
Global BankingRussia's New Ice-Class LNG Carrier Navigates Northern Sea RouteRussia deployed its second domestically-built ice-class LNG carrier, the Konstantin Posiet, via the Northern Sea Route from Primorsky Krai. The vessel was constructed at the Zvezda shipyard to support the sanctioned Arctic LNG 2 project, helping Russia bypass Western restrictions on gas transportation. This deployment expands Russia's fleet of specialized tankers capable of navigating the shorter Arctic route.MezhaRussia expands shadow LNG fleet ahead of EU import ban in 2027Russia is expanding its shadow fleet of liquefied natural gas carriers to prepare for the European Union's import ban scheduled for January 1, 2027. The Kremlin is acquiring aging second-hand vessels and deploying domestically built ships from the Zvezda shipyard, primarily registered through entities in Dubai, Hong Kong, and Singapore. Experts warn that this strategy faces significant technical and logistical hurdles, potentially leaving major producers like Novatek with surplus inventory and reduced bargaining power in Asian markets.Naver러, 내년 EU LNG 금지 조치 앞서 ‘그림자 LNG 선단’ 늘려Russia has been quietly expanding its 'shadow LNG fleet' by acquiring second-hand vessels and building domestic ships at the Zvezda shipyard, increasing its fleet to 25 LNG carriers, ahead of the EU's full ban on Russian LNG imports taking effect next year. The shadow tankers are primarily owned by Russian-linked shell companies based in Dubai, Hong Kong, and Singapore using flags of convenience and ship-to-ship transfers to obscure cargo origins, mirroring tactics previously used for oil transport. China has emerged as the sole buyer of sanctioned Arctic LNG 2 production, while Korean shipbuilder Hanwha Ocean remains unable to deliver 6 ice-class vessels due to Western sanctions.Investing.comRussia commissions second domestically-built ice-class LNG carrier By Investing.comRussia has commissioned its second domestically-built ice-class LNG carrier, the "Konstantin Posiet," at the Zvezda shipyard in the far eastern Primorsky region, with Prime Minister Mikhail Mishustin announcing the ceremony. The vessel is designed to transport LNG from Russia's Arctic projects to Asian and other markets year-round, capable of breaking through ice up to two meters thick. The Zvezda shipyard was originally planned to build 15 tankers for the Arctic LNG-2 project, though sanctions related to the Ukraine conflict have caused delays and complications.Investing.comRussia commissions second domestically-built ice-class LNG carrier By Investing.comRussia commissioned its second domestically-built ice-class LNG carrier, the "Konstantin Posiet," at the Zvezda shipyard in the Primorsky region, with Prime Minister Mikhail Mishustin announcing the ceremony. The vessel is designed to transport LNG from Russia's Arctic projects to Asian markets year-round, capable of breaking through ice up to two meters thick. The originally planned construction program of 15 tankers for the Arctic LNG-2 project has faced delays due to sanctions related to the Ukraine conflict.Capital.grΡωσία: Έτοιμο το δεύτερο νέο παγοθραυστικό δεξαμενόπλοιο LNG της χώραςThe second domestically-built icebreaker LNG tanker for Russia, the "Konstantin Posiet," is ready for launch at Zvezda shipyard in the Primorsky region of Russia's Far East. The vessel is designed to transport LNG from Russian Arctic facilities to Asian and other markets year-round regardless of weather conditions. Sanctions imposed over the Ukraine war have caused delays to Russia's broader Arctic LNG-2 program, which originally planned to include 15 such tankers.Investing.comNovatek establishes shipbuilding unit amid tanker shortage By Investing.comNovatek has established a new shipbuilding company called Severny Inzhiniring (Northern Engineering) on March 25 to construct vessels and floating facilities amid a shortage of gas tankers caused by Western sanctions imposed in 2022. The new entity will be led by Ilya Lushchikov, who also heads Novatek's Murmansk LNG project, and 15 Arc7 ice-class tankers are planned to be built at Russia's Zvezda shipyard for the Arctic LNG 2 plant, in which Novatek holds a 60% stake.ReutersRussian LNG producer Novatek sets up company to build vesselsRussia's largest LNG producer Novatek has established a new company called Severny Inzhiniring (Northern Engineering) to build its own vessels and floating facilities, with Ilya Lushchikov, head of Novatek's Murmansk LNG project, appointed to lead it. The new company was registered on March 25 amid a shortage of gas tankers caused by Western sanctions imposed in 2022 that limited Russia's access to ice-class tankers for LNG transport. Russia's most advanced shipbuilder Zvezda, which specializes in constructing large Arc7 ice-class tankers, has so far delivered only one Arc-7 class tanker for Novatek's Arctic LNG 2 plant, though 15 such tankers are planned to be built at the Zvezda shipyard.TWZNew Russian Air-Launched Cruise Missile Appears In UkraineRussia is using a new air-launched cruise missile called the Izdeliye 30 in its war in Ukraine, with Ukrainian military intelligence (GUR) publicly releasing analysis of recovered wreckage and an interactive 3D model of the weapon. The missile, developed by Russia's Zvezda Design Bureau, features a 1,760-pound warhead, approximately 930-mile range, and appears designed as a cheaper alternative to address Russia's depleted stocks of legacy cruise missiles like the Kh-101 and Kh-555. The development underscores Russia's efforts to produce cost-effective precision weapons domestically while circumventing sanctions that have disrupted large-scale production of more sophisticated missiles, potentially easing pressure on its bomber fleet to launch weapons closer to full capacity.openPR.comFuture Perspective: Key Trends Shaping the Crude Oil Carrier Market Until 2030The crude oil carrier market is projected to reach $249.07 billion by 2030, growing at a compound annual growth rate of 4.4%, driven by decarbonization efforts, demand for fuel-efficient vessels, and fleet modernization initiatives. In May 2023, DHT Holdings Inc. acquired a Very Large Crude Carrier from Hyundai Heavy Industries for $94.5 million to improve fleet efficiency metrics. Additionally, Russia's Zvezda shipyard launched Arc6-class vessels in August 2023 capable of carrying both oil and LNG, supporting Arctic energy export ambitions.