MOSCOW (Sputnik) — Rosneft CEO Igor Sechin and President of China Shipbuilding Industry Corporation (CSIC) Hu Wen Ming on Saturday signed an agreement on the construction and delivery of a floating transfer dock facility for Zvezda shipbuilding complex, according to a press release on Rosneft's website.
"We have made a strategic decision to develop an unprecedented industrial complex with leading edge equipment and technologies to help fulfill the shipbuilding requirements for the Russian Federation and to successfully compete in global shipbuilding markets," Sechin said as quoted in the press release.
25 June 2016, 13:26 GMT
Russian specialists will participate at all stages to ensure efficient integration into shipyard operations while Chinese shipbuilders will provide their unique expertise.
The Russian governmental delegation headed by President Vladimir Putin is on the official visit to China.
