The joint venture placing the order was a venture of State Oil Company of Azerbaijan Republic (SOCAR), Keppel Offshore and Marine (KOM), and Azerbaijan Investment Company (AIC).
Baku Shipyard is constructing the yard, projected for completion in 2013.
The shipyard conducts general marine engineering, shipbuilding and vessel repair for clients operating on the Caspian Sea.
David Loh, general manager at Baku Shipyard LLC, said, “Baku Shipyard will carry out high-quality shipbuilding projects and ship repair, which meet the operational requirements of our clients. Baku Shipyard will be equipped with the most advanced technologies and Konecranes is an excellent partner that is committed to providing us with the best.”
Jussi Rautiainen, Konecranes general manager, shipyard cranes, has said, “We aim to be an active player, both in sales of new equipment and in service, in the Caspian Sea’s growing crane market.”
Konecranes supplies shipyard in Azerbaijan
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