The second Krasin is a triple-screw diesel-powered icebreaker owned by the Far East Shipping Company (FESCO) and is based in Vladivostok.

[6] During the 2004–2005 season (Operation Deep Freeze 2005), the United States Antarctic Program hired the Krasin as a secondary vessel to help clear a channel to McMurdo Station[7] because the Coast Guard icebreaker Polar Star faced a record cut through fast ice of more than 90 miles (140 km).

She is unlikely to return to the Antarctic as FESCO have signed a multi-year contract for Krasin to support oil rig operations in the Sea of Okhotsk from March 2005 onwards.

[6] Along with her sister ship Admiral Makarov, Krasin has been providing winter escort to large capacity tankers from the port of De-Kastri (Khabarovsk) as part of the Sakhalin-I project.

[10] In September 2022, it was announced that Krasin's 1974-built sister ship Ermak would be dismantled for parts to keep the 1976-built icebreaker in service.