News

Murmansk Shipping Company to manage new nuclear icebreaker

Publish date: October 12, 2005

Murmansk Shipping Company (MSC) will get nuclear icebreaker 50 Let Pobedy, or 50th anniversary of Victory, under trust management until 2008, the MSC press department reported with reference to the order by the Russian Prime Minister Mikhail Fradkov on September 30.

According to the press-release, the Russian government decided to buy the nuclear fuel for the nuclear icebreaker at the expense of MSC’s revenue received from icebreaker assistance in the North Sea Route. Earlier it was expected that the fuel will purchased by the state. The price tag of the fuel is $14m.


The Russian state budget is allocating $5.7m in 2006 for the icebreaker construction when $26.6$ is needed. Icebreaker 50 years of Victory’s completion was originally scheduled for 1995, but financial difficulties led to the numerous delays and this year Russia already celebrated 60th anniversary of Victory, but the icebreaker is still not finished.


The keel of the icebreaker was laid in 1989 and it was put into the water at the end of 1993. But due to the lack of financing, construction was suspended. Partial financing was renewed in the late 1990s. A contract for completing the ship was signed by Baltiysky shipyard and the government in February 2003. It will join the other nuclear icebreakers run by the Murmansk Shipping Company in Murmansk.