Putin calls for fast naval deliveries

Image
IANS
Last Updated : May 22 2013 | 7:00 AM IST

Moscow, May 22 (IANS/RIA Novosti) President Vladimir Putin has criticised the state-owned United Shipbuilding Corporation (USC) for delay in delivery of warships to the Russian Navy and demanded the shipbuilders to improve efficiency.

Established in 2007, the USC is the country's largest shipbuilding and ship repair company.

"Problems still remain with deadlines and the quality of implementation of orders, including defence projects.

"In particular, the construction of a number of nuclear submarines and surface ships and their delivery to the navy has been unjustifiably delayed," Putin said at a meeting with USC officials.

The president called on Russian shipbuilders to accelerate the delivery of ships to the customer without impairing their quality.

"The corporation must work smoothly, producing warships. This is one of the key tasks facing the USC's new management," Putin said.

The president ordered USC's management to submit a report by Oct 15 on measures to improve the situation in the industry.

The USC comprises nine design bureaus and 39 shipyards. It currently accounts for 70 per cent of the domestic shipbuilding industry, according to its website.

The corporation is wholly owned by the state.

The Russian Navy is expected to receive 24 submarines and 54 warships of various classes by 2020, according to the defence ministry.

--IANS//RIA Novosti

sd

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: May 22 2013 | 6:51 AM IST

Next Story