Helsinki Shipyard to build expedition cruisers for new Russian owners

Malcolm Latarche
Malcolm Latarche
ShipInsight

02 July 2019


Recently acquired by new owners after the previous Russian owner fell foul of international sanctions, Helsinki Shipyard has won an order for two luxury expedition cruise ships.

Helsinki Shipyard and Russia’s largest river cruise company Vodohod Ltd have signed a contract for the two ships which are intended to operate in high latitude areas both in the Arctic and Antarctic waters as well as in tropical waters during the Spring and Autumn seasons.

The vessels measure abt. 110 metres in length and 20 meters in breadth. The vessels will have an ice class PC6. The passenger capacity will be 148 persons and the maximum number of crew onboard will be 110 persons. Design work for the project has already started at Helsinki Shipyard. The first vessel is planned to be delivered in August 2021 and the second vessel in January 2022.

We are very proud and happy for the first order of the new shipyard and I believe this now proves to everyone that we have started a new chapter in the operation of Helsinki Shipyard. We will strengthen especially our design department in the near future and in connection with the start of production, also our production department. We invite everyone interested to contact our human resources department,” said Carl-Gustaf Rotkirch, CEO of Helsinki Shipyard.

The yard, which was previously known as Arctech, was owned by Russia’s state-owned builder USC but had been constrained by sanctions following the annexation of Crimea. In May this year the yard was acquired by Algador Holdings another Russian organisation owned by Rishat Baugatdinov and Vladimir Kasyanenko who also control Vodohod the owner of the new ships.

As well as the two cruise ships, Helsinki Shipyard is also pursuing other orders. According to Rotkirch, Helsinki Shipyard has submitted an offer for a German state research vessel to be used in Antarctica. If successful construction would begin after the first cruise ship.