Russia’s Volga Shipping Company has plans to order a series of river-sea multipurpose dry cargo carriers.

As reported in HLPFI’s sister publication Ship & Offshore, the ships are the result of a new design project developed by the Marine Engineering Bureau-SPb. They will measure 120 m-long and have a deadweight of 7,200 tonnes at sea and 4,600 tonnes on rivers.

The company’s board has already approved an investment for four of the vessels, said Yury Gilts, chief executive officer of Volga Shipping Company. The estimated cost of each ship is just over 1 billion rubles (around USD13.5 million).

Two vessels should be delivered in 2022 and two more in 2023. The expected shipbuilder is Oka Shipyard, which is also part of the Volga Shipping group. After 2023, Volga Shipping expects to build from two to four repeat ships every year.