Helsinki Shipyard (company)

Last updated
Helsinki Shipyard
Type Osakeyhtiö
Industry Shipbuilding
Predecessor Arctech Helsinki Shipyard
FoundedMay 15, 2019 (2019-05-15) [1]
Headquarters
Helsinki
,
Finland
Key people
Esko Karvonen (Managing Director) [2]
Products Icebreaking vessels, cruise ships
Revenue
  • Increase2.svg €60,509,000 (2020)
  • €4,479,000 (2019) [1]
  • Increase2.svg€771,000 (2020)
  • €37,000 (2019) [1]
Owner Algador Holdings
Number of employees
419 (2020) [1]
Website helsinkishipyard.fi

Helsinki Shipyard is a Finnish shipbuilding company based at Hietalahti shipyard in Helsinki, Finland. The company was established in 2019 to continue the shipbuilding activities of Arctech Helsinki Shipyard in Finland.

Contents

History

Helsinki Shipyard was established in May 2019 to take over the shipbuilding activities of Arctech Helsinki Shipyard at Hietalahti shipyard in downtown Helsinki. [3] [4] The company had become an economic burden for its Russian owners after the European Union and the United States imposed economic sanctions on the shipyard's Russian state-owned parent company, United Shipbuilding Corporation (USC), as a response to the Russian involvement in the unrest in Ukraine. In early 2018, it was reported that USC was looking for a new majority owner for Arctech Helsinki Shipyard which was making heavy cumulative losses and had been unable to attract new orders since 2016. [5] In April 2019, the Russian government finally authorized the sale of the shipyard. [6] [7]

The sale of the shipbuilding operations in Finland was announced on 15 May 2019. In preparation of the transaction, a new shipbuilding company Helsinki Shipyard would be established to take over the assets and operations of Arctech Helsinki Shipyard at Hietalahti Shipyard. It would then be sold to Algador Holdings, a private Russian company owned by Rishat Bagautdinov ja Vladimir Kasyanenko while Arctech would remain as a subsidiary of the United Shipbuilding Corporation and continue shipbuilding operations in Russia as a shareholder of the Saint Petersburg-based Nevsky Shipyard. Victor Olerskiy, the former deputy Russian transport minister and the former head of Federal Agency of Maritime and River Transportation, was appointed as the chairman of the board of the new company. [3] [4]

Orders

Shortly after the change of ownership, the new owners hinted that the first shipbuilding order for the new company would be announced within a month from its founding. [8] In late May 2019, Hufvudstadsbladet reported that the shipyard had signed a letter of intent for the construction of two 150-to-160-passenger expedition cruise ships to an undisclosed buyer. [9] On 27 June, the shipyard confirmed an order for two 113-metre (371 ft) expedition cruise ships with capacity of 157 passengers under the name "Project Vega". While Kommersant initially reported that the ships would be built for Vodohod, a Russian shipping company owned by the same people who acquired the Helsinki shipyard, [10] in 2020 it was revealed that the vessels would be operated by the revived British cruise line Swan Hellenic. [11] Steel block production began at Western Baltija Shipbuilding in Klaipėda, Lithuania, on 27 April 2020 and hull assembly of the first vessel, SH Minerva , began with keel laying in Helsinki on 24 September 2020, [12] followed by launching on 23 June 2021. [13] The keel of the second vessel, SH Vega , was laid on 4 February 2021 [14] The Polar Class 5 vessels will be delivered in 2021 and 2022, respectively. [15]

On 20 October 2020, Finnish media reported that Helsinki Shipyard was about to sign a shipbuilding contract for a third expedition cruise ship for Swan Hellenic. [16] [17] On the following day, the shipyard confirmed a 150 million euro order for a Polar Class 6 luxury cruise ship with a capacity of 196 passengers in 96 cabins. The construction of the ship began on 10 June 2021 with steel cutting at CRIST in Poland and the keel will be laid in Helsinki in late 2021. [18] The 125-metre (410 ft) cruise ship, slightly larger than its two predecessors, is scheduled for delivery in the end of 2022. [19]

List of ships built or on order

Ship nameYearTypeYard numberIMO numberStatusNotesImageRef
SH Minerva 2021 (planned) Cruise ship 5169895240Under construction [12] [15]
SH Vega 2022 (planned) Cruise ship 5179895252Under construction [14] [20]
2022 (planned) Cruise ship 5189921740Under construction [19] [18]

Related Research Articles

Swan Hellenic British cruise line

Swan Hellenic is a British cruise line specialising in expedition tours of historical or cultural interest aimed at the upper end of the cruise market. Swan Hellenic was first established as Swan's Tours in the 1950s as a tour operator carrying guests to historic sites, providing enrichment throughout their trips. In 1983, Swan Hellenic was acquired by P&O and became a subsidiary of Carnival Corporation & plc in 2003, but it ended operations in 2007 after Carnival discontinued the brand. Shortly after, All Leisure Holidays Group purchased and revived Swan Hellenic, but ended its operations in 2017. G Adventures acquired the brand later that year and planned to revive it for a second time in 2018, but sold the brand to a private group in 2020, which plans to resume Swan Hellenic's operations with its first-ever new-build ship in 2021.

Hietalahti shipyard Shipyard in Helsinki, Finland

Hietalahti shipyard is a shipyard in Hietalahti, in downtown Helsinki, Finland. Since 2019, it has been operated by a company named Helsinki Shipyard.

STX Finland Finnish shipbuilding company

STX Finland Oy, formerly Aker Yards Oy, was a Finnish shipbuilding company operating three shipyards in Finland, in Turku, Helsinki and Rauma, employing some 2,500 people. It was part of STX Europe, a group of international shipbuilding companies owned by the South Korean STX Corporation.

Arctech Helsinki Shipyard Shipbuilding company in Helsinki, Finland

Arctech Helsinki Shipyard is a Finnish shipbuilding company that is part of the Russian state-owned United Shipbuilding Corporation. The company focuses primarily on icebreakers and other icegoing vessels for arctic conditions.

<i>Vitus Bering</i> (icebreaker)

Vitus Bering is a Russian icebreaking platform supply and standby vessel owned by Sovcomflot. Built by Arctech Helsinki Shipyard in Helsinki, Finland, she and her sister ship, Aleksey Chirikov, were ordered on 16 December 2010, shortly after the joint venture agreement between STX Finland Cruise Oy and United Shipbuilding Corporation had been signed. Delivered to the owners on 21 December 2012, Vitus Bering will be used in the Arkutun-Dagi offshore oil field in the Sea of Okhotsk.

Oblique icebreaker Icebreaker designed which can break ice obliquely to open a wide channel

An oblique icebreaker is a special type of icebreaker designed to operate not only ahead and astern, but also obliquely (sideways) with a large angle of attack. In this way, a relatively small icebreaker is capable of opening a wide channel in ice for large merchant ships.

Helsinki shipyard may refer to:

Aleksey Chirikov is a Russian icebreaking platform supply and standby vessel owned by Sovcomflot. She and her sister ship, Vitus Bering, were ordered on 16 December 2010 from Arctech Helsinki Shipyard in Helsinki, Finland, shortly after the joint venture agreement between STX Finland Cruise Oy and United Shipbuilding Corporation had been signed. Aleksey Chirikov was delivered on 19 April 2013. She will be used in the Arkutun-Dagi offshore oil field in the Sea of Okhotsk.

<i>Baltika</i> (icebreaker)

Baltika is a Russian icebreaker built by Arctech Helsinki Shipyard in Helsinki, Finland. She is the first ship ever built with an asymmetric hull that allows her to operate not only ahead and astern, but also obliquely (sideways) with a large angle of attack. In this way, the relatively small oblique icebreaker is capable of opening a wide channel in ice for large merchant ships.

Rauma shipyard is a shipyard in Rauma, Finland. It was previously operated by STX Finland which is owned by the South Korean STX Corporation. Rauma shipyard is specialized in large ferries, small cruise ships, multipurpose icebreakers and small naval craft.

Perno shipyard Shipyard in Turku, Finland

Perno shipyard is a shipyard in Turku, south west Finland that specialises in building cruise ships, passenger ferries, special vessels and offshore projects. The yard area is 144 hectares. The yard is operated by Meyer Turku Oy. The dry dock is 365 metres long, 80 metres wide and 10 metres deep, and equipped with two bridge cranes with capacities of 600 tonnes and 1,200 tonnes. The newer bridge crane with a capacity of 1,200 tonnes is the largest one in the Nordic region.

<i>Polaris</i> (icebreaker)

Polaris is a Finnish icebreaker. Built in 2016 by Arctech Helsinki Shipyard, she is the most powerful icebreaker ever to fly the Finnish flag and the first icebreaker in the world to feature environmentally friendly dual-fuel engines capable of using both low-sulfur marine diesel oil (LSMDO) and liquefied natural gas (LNG). Polaris was initially ordered by the Finnish Transport Agency, but the ownership was transferred to the state-owned icebreaker operator Arctia after delivery.

Project 21900 icebreaker Russian icebreakers

Project 21900 icebreakers and their derivative designs are a series of Russian diesel-electric icebreakers built in the 2000s. They are also sometimes referred to using the type size series designation LK-16.

Vyborg Shipyard

Vyborg Shipyard PJSC is a shipbuilding company located in Vyborg, Russia. The company has a focus on icebreakers and other icegoing vessels for arctic conditions, but the company has also built deep sea semi-submersible floating drilling and production platforms for exploration of oil and gas offshore fields. Vyborg Shipyard employs more than 1,500 people.

<i>Murmansk</i> (2015 icebreaker) Russian icebreaker

Murmansk is a Russian Project 21900M diesel-electric icebreaker. While her construction was contracted to Vyborg Shipyard in Russia, she was built at Arctech Helsinki Shipyard in Finland and delivered to Rosmorport in 2016.

Meyer Turku Oy is a Finnish shipbuilding company located in Turku, Finland Proper. The company is fully owned by German shipbuilder Meyer Werft GmbH. The main products are cruise ships and cruiseferries.

Rauma Marine Constructions

Rauma Marine Constructions (RMC) is a Finnish shipbuilding company based in Rauma, Finland. The company's main products are car ferries, icebreakers and naval vessels.

Aktiebolaget Sandvikens Skeppsdocka och Mekaniska Verkstad was a Finnish shipbuilding and engineering company that operated in Helsinki in 1895–1938. The company was set up to continue shipbuilding at Hietalahti shipyard, after its predecessor Helsingfors Skeppsdocka, which operated the yard in 1865–1895, had bankrupted.

MT <i>Yuriy Kuchiev</i>

Yuriy Kuchiev is an icebreaking gas condensate tanker operated by the Greek shipowner Dynacom. The vessel, built at Arctech Helsinki Shipyard in Finland, utilizes the double acting ship principle to allow independent operation without icebreaker escort in ice-covered seas. The vessel was delivered to the owner in August 2019.

<i>Vladivostok</i> (2014 icebreaker) Russian icebreaker

Vladivostok is a Russian diesel-electric icebreaker and the lead ship of Project 21900M icebreakers. She was built by Vyborg Shipyard in Russia and delivered to Rosmorport in 2015.

References

  1. 1 2 3 4 "Helsinki Shipyard Oy". Kauppalehti. Alma Talent. Retrieved 30 January 2021.
  2. ↑ "Esko Karvonen, the shipyard's chief operating officer, is appointed President and CEO of Helsinki Shipyard Oy as of February 1st". Helsinki Shipyard. 11 February 2021. Retrieved 6 February 2021.
  3. 1 2 "Helsinki shipyard acquisition will be finalized in May" (PDF). Arctech Helsinki Shipyard. 15 May 2019. Retrieved 15 May 2019.
  4. 1 2 "Helsingin telakan myynnistä sopu, venäläisliikemiehet puikkoihin – välttyykö telakka jatkossa sanktioilta?". Kauppalehti. Alma Media. 15 May 2019. Retrieved 15 May 2019.
  5. ↑ "Ostohuhujen keskellä olevalla Helsingin telakalla valtavat tappiot - TE: "Miksi Kermas haluaisi ostaa telakan?"". Kauppalehti. Alma Talent. 22 January 2018. Retrieved 22 January 2019.
  6. ↑ "Arctech Shipyardin uusi toimitusjohtaja: Helsingin telakan myynti toteutuu kevääseen mennessä". YLE. 22 January 2019. Retrieved 22 January 2019.
  7. ↑ "Правительство разрешило продажу Arctech" (in Russian). Kommersant. 10 April 2019. Retrieved 11 April 2019.
  8. ↑ "Helsingin telakan kauppa on sinetöity – toimitusjohtajaksi suomalainen". Navigator Magazine. Osakeyhtiö Laivastolehti. 20 May 2019. Retrieved 20 May 2019.
  9. ↑ "Helsinki Shipyard signs LOI for two expedition cruise ships – report". CruiseBusiness.com Magazine. 29 May 2019. Retrieved 29 May 2019.
  10. ↑ ""Водоходъ" взял курс на полюс" (in Russian). Kommersant. 3 June 2019. Retrieved 4 June 2019.
  11. ↑ "Helsingin telakan risteilyalusten taustalta paljastui yllättävä omistaja" (in Finnish). Navigator Magazine. 23 July 2020. Retrieved 12 September 2020.
  12. 1 2 "First Keel Laying Ceremony at Helsinki Shipyard". Helsinki Shipyard. 24 September 2020. Retrieved 24 September 2020.
  13. ↑ "The first Swan Hellenic's expedition cruise ship was launched at Helsinki Shipyard". Helsinki Shipyard. 23 June 2021. Retrieved 23 June 2021.
  14. 1 2 "Helsinki Shipyard lays the keel for Swan Hellenic's SH Vega". Seatrade Cruise News. 11 February 2021. Retrieved 11 February 2021.
  15. 1 2 "The production of the luxury expedition cruise vessels started today". Helsinki Shipyard. 27 April 2020. Retrieved 27 April 2020.
  16. ↑ "Helsingin telakan uusi tilaus tuo töitä tuhannelle: Eksoottinen risteilykonsepti kiinnostaa korona-aikanakin – "Äärettömän iloinen asia"". Kauppalehti (in Finnish). Alma Media. 20 October 2020. Retrieved 20 October 2020.
  17. ↑ "Miljoonia euroja ja tuhat uutta työpaikkaa – Helsingin telakka saamassa uuden risteilijätilauksen, toimitusjohtajan mukaan asia varmistuu lähipäivinä" (in Finnish). YLE. 20 October 2020. Retrieved 20 October 2020.
  18. 1 2 "Helsinki Shipyard: Kolmannen tutkimusristeilijän tuotanto käynnistyi" (in Finnish). Navigator Magazine. 12 June 2021. Retrieved 12 June 2021.
  19. 1 2 "Swan Hellenic orders new 5-star expedition cruise ship from Helsinki Shipyard". Helsinki Shipyard. 21 October 2020. Retrieved 21 October 2020.
  20. ↑ "Helsingin vaikeuksissa olleelle telakalle tilaus – toimittaa kaksi jokiristeilyalusta Venäjälle" (in Finnish). YLE. 27 June 2019. Retrieved 28 June 2019.
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