Arctech Helsinki Shipyard

Arctech Helsinki Shipyard was a Finnish shipbuilding company that focused primarily on icebreakers and other icegoing vessels for arctic conditions.

[9] In early 2018, it was reported that the United Shipbuilding Corporation was looking for a new majority owner for Arctech Helsinki Shipyard in order to circumvent the sanctions.

Initially, it was reported that the Croatian investment corporation KERMAS Group would purchase a 55 percent share of Arctech Helsinki Shipyard with the USC remaining as a minority shareholder.

[17][18] On 15 May 2019, Arctech Helsinki Shipyard officially announced the change of ownership of the shipbuilding activities in Finland by the end of the month.

[22] In September 2024, The Moscow Court of Arbitration suspended Arctech's corporate rights in relation to Nevsky Shipyard following a request from the Russian Ministry of Industry and Trade.

[23] On 16 December 2010, Arctech Helsinki Shipyard received its first order when a contract for two icebreaking platform supply vessels similar to the SCF Sakhalin, worth US$100 million per ship, was signed with Sovcomflot.

[27] On 19 December 2012, Arctech Helsinki Shipyard received an order from the Russian Ministry of Transport for an 18-megawatt icebreaker capable of breaking ice up to 1.5 metres (5 ft) thick.

The newbuilding, a Project 21900M icebreaker worth about 100 million euro, would be built in co-operation with the Vyborg Shipyard which was building two similar ships in Russia.

[33] On 22 January 2014, Arctech Helsinki Shipyard won the second round of the tendering process and the final contract was signed on 14 February.

While the propulsion power and icebreaking capability would remain the same, the number of main engines was increased from four to six and the vessel would be been fitted with a moon pool.

[42][43] On 7 July 2014, the Finnish newspaper Turun Sanomat reported that Arctech Helsinki Shipyard had been awarded the construction of three icebreaking standby vessels for Sovcomflot.

[44] The shipyard confirmed the US$380 million order for three ships, initially scheduled for delivery between September 2016 and March 2017, in its own press release on 11 August 2014.

[42] In early 2016, it was reported that the Greek shipowner Dynacom has ordered a 58,000 DWT condensate carrier from Arctech Helsinki Shipyard at an undisclosed price.

[50][51][52] While the shipyard was initially reluctant to confirm the contract,[53] the tanker was included in a presentation by Arctech CEO Esko Mustamäki at the Conference on the Economic Development of the Arctic in June 2016.

Hietalahti shipyard in May 2011, shortly after Arctech Helsinki Shipyard was established. The building on the right is the shipyard's covered Panamax -sized dry dock.