Russia Charts Ambitious Course for Shipbuilding Through 2050

Russia plans to build over 1,600 civilian vessels by 2036 under a newly updated shipbuilding strategy.
More than 500 billion rubles will be invested over six years to support shipbuilders, component suppliers, and customers.
The long-term strategy, extending to 2050, envisions the construction of an additional 2,634 vessels across various categories.

Russia has unveiled a renewed and comprehensive strategy for the development of its domestic shipbuilding industry. The plan aims to construct...