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51-564: Helsinki Shipyard was established in May 2019 to take over the shipbuilding activities of Arctech Helsinki Shipyard at Hietalahti shipyard in downtown Helsinki . The company had become an economic burden for its Russian owners after the European Union and the United States imposed economic sanctions on the shipyard's Russian state-owned parent company, United Shipbuilding Corporation (USC), as

102-472: A November 2021 debut, with a sister ship slated for delivery in September 2022 for an October 2022 debut. The 152-passenger vessels are designed to sail in the polar regions and the tropics. The vessels, temporarily named Vega 1 and Vega 2 , will be built to Polar Class 5, measure 113 metres (370 ft) long, 20,2 metres (66 ft) wide and have a maximum crew capacity of 120. The ownership of Swan Hellenic

153-526: A Russian shipping company owned by the same people who acquired the Helsinki shipyard, in 2020 it was revealed that the vessels would be operated by the revived British cruise line Swan Hellenic . Steel block production began at Western Baltija Shipbuilding in Klaipėda , Lithuania , on 27 April 2020 and hull assembly of the first vessel, SH Minerva , began with keel laying in Helsinki on 24 September 2020. This

204-536: A full programme of cruises, a concept known as "cultural cruising," in which well known academics, writers and clergymen were regularly featured as guest lecturers, both on board ships and on site. Swan's Tours prided itself on never repeating an itinerary and focused its business on touring classical sites in the Aegean Sea , around the coasts and islands of modern Greece and Turkey . It also visited classical and other ancient sites in north Africa (including Egypt ) and

255-533: A number of years and the ongoing cost of funding these operations by the tour operations has created significant cash issues for the entire group, which has ultimately led to the administration of all businesses." Following ALG's closure, Minerva , the only ship operating for Swan Hellenic, was laid up in Marseille awaiting sale. In February 2017, G Adventures announced it had acquired the Swan Hellenic brand, with

306-416: A private group in 2020, which plans to resume Swan Hellenic's operations with its first-ever new-build ship in 2021. In the 1950s, a British travel agency, Swan's Tours, operated by a father and son (W.F. Swan and R.K. Swan), was asked to organise a tour for visitors interested in the antiquities of Greece . Archaeologist Sir Mortimer Wheeler served as a guest lecturer on the tours. The tours developed into

357-597: A request from the Russian Ministry of Industry and Trade . 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 . The vessels, Vitus Bering and Aleksey Chirikov , were delivered in December 2012 and April 2013, respectively. On 8 December 2011, it

408-553: A response to the Russian involvement in the unrest in Ukraine . In early 2018, it was reported that USC was looking for a new majority owner for Arctech Helsinki Shipyard which was making heavy cumulative losses and had been unable to attract new orders since 2016. In April 2019, the Russian government finally authorized the sale of the shipyard. The sale of the shipbuilding operations in Finland

459-667: A shareholder of the Saint Petersburg -based Nevsky Shipyard . Victor Olerskiy , the former deputy Russian transport minister and the former head of Federal Agency of Maritime and River Transportation , was appointed as the chairman of the board of the new company. Following the Russian invasion of Ukraine in February 2022, the shipyard's future became uncertain even though neither the Finnish company itself nor its Russian owners were targeted by

510-547: A shareholder of the Nevsky Shipyard. Victor Olerskiy , the former deputy Russian transport minister and the former head of Federal Agency of Maritime and River Transportation , was appointed as the chairman of the board of the new company. The transaction, which included 35 million euro and 49.99% ownership of Nevsky Shipyard, was finalized on 20 May. In September 2024, The Moscow Court of Arbitration suspended Arctech's corporate rights in relation to Nevsky Shipyard following

561-561: A subsidiary of STX Europe , and the Russian state-owned United Shipbuilding Corporation (USC). The new shipbuilding company started its operations at the Hietalahti shipyard on 1 April 2011. On 28 October 2013, it was reported that USC was going to buy the remaining shares from STX Europe and become the sole owner of the company. The sale was finalized on 30 December 2014 and the United Shipbuilding Corporation has been

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612-482: A third expedition cruise ship for Swan Hellenic. On the following day, the shipyard confirmed a 150 million euro order for a Polar Class 6 luxury cruise ship with a capacity of 196 passengers in 96 cabins. The production of the ship began with steel cutting at CRIST in Poland on 10 June 2021 and the keel was laid in Helsinki on 8 April 2022. The 125-metre (410 ft) SH Diana , slightly larger than its two predecessors,

663-477: A total of 10 icebreaking vessels (yard numbers 506 through 515) at the Hietalahti shipyard in Helsinki, Finland . Due to the economic sanctions against its Russian owner, the company was forced to transfer its shipbuilding business in Finland to a successor company, Helsinki Shipyard , which was then sold to a private Russian owner. Arctech Helsinki Shipyard was established as a joint venture between STX Finland ,

714-548: The Baltic , Scandinavia , and Mediterranean . In January 2008, Swan Hellenic announced it would begin operating river cruises in 2009, offering itineraries sailing on the Danube from Vienna and on the Rhône from Lyon . The cruises were operated in partnership with A-Rosa Cruises , and were offered with packages that included land excursions and gratuity charges. On 4 January 2017, it

765-536: The Princess Cruises fleet with the new name of Royal Princess . Swan Hellenic's demise was also compounded when Martin Randall Travel launched a series of cruises to fill the niche Swan Hellenic had left. On 15 March 2007, following news of Carnival folding the Swan Hellenic brand, Lord Sterling , the former chairman of P&O , announced that he was buying the Swan Hellenic brand and intended to relaunch

816-519: The Swan family. In 2003, it became a subsidiary of Carnival Corporation & plc after Carnival merged with P&O Princess Cruises . Under Carnival, the characteristically small 300-passenger ship Minerva was replaced in 2003 by the 600-passenger Minerva II . This led to criticism that the intimacy of the original cruise concept had been compromised. On 7 April 2007, Carnival officially ceased Swan Hellenic's operations, and transferred Minerva II to

867-859: 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. Like the platform supply vessel ordered in April, the standby vessels would be chartered to Sakhalin Energy Investment Company (SEIC) and used in the Sakhalin-2 field for stand-by, rescue and oil spill response duties. The 100-metre (330 ft) vessels Stepan Makarov , Fedor Ushakov , and Yevgeny Primakov (initially Mikhail Lazarev ) would have accommodation for 98 persons on board and be capable of operating independently in 1.7-metre (6 ft) ice. The keel of

918-436: The United States, forcing the shipyard to switch to another bank. 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. The Finnish shipyard, which had not received any new orders since 2016, had become an economic burden for the Russian owner with cumulative loss of 156 million euro in 2011–2015 after which

969-492: The change of ownership. Yuriy Kuchiev was delivered in August 2019. Swan Hellenic Swan Hellenic is a British cruise line specialising in expedition tours of historical or cultural interest aimed at the upper end of the cruise market. Swan Hellenic was first established as Swan's Tours in the 1950s as a tour operator carrying guests to historic sites, providing enrichment throughout their trips. In 1983, Swan Hellenic

1020-497: The company stopped reporting its economic situation. 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. However, in September 2018 the president of the United Shipbuilding Corporation, Aleksey Rakhmanov, stated that the company was instead negotiating

1071-700: The contract, 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. According to the presentation material, the double acting tanker would be 229 metres (751 ft) long and capable of breaking 1.8-metre (5.9 ft) ice. The forward part of the vessel was built at Brodotrogir shipyard in Croatia . The keel-laying ceremony, which marks

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1122-426: The cruise line as soon as a suitable vessel could be located. All Leisure Holidays Group (ALG) subsequently acquired Swan Hellenic, joining it with sister brand Voyages of Discovery. The revived brand intended to begin operations with Minerva in May 2008, but the maiden voyage was later postponed after the ship's generators incurred problems. For her inaugural season, Minerva was scheduled to sail itineraries to

1173-485: The eastern Mediterranean. In contrast to most commercial cruises offered at the time, in which the onboard entertainment was as important as the destinations visited, Swan's itineraries included almost-daily port calls for visits to historic sites, placing a high emphasis on the destination-oriented nature of its business. The operation was characterised by an English ethos of high culture, although it had an international following. In 1983, P&O acquired Swan Hellenic from

1224-457: The first standby vessel was laid on 4 February 2016 alongside the previously ordered platform supply vessel. Some of the blocks were assembled in Klaipėda , Lithuania . The first vessel, Stepan Makarov , was floated out in November 2016 and delivered on 15 June 2017. She was followed by Fedor Ushakov on 27 October 2017. The third vessel, Yevgeny Primakov , was scheduled to be delivered before

1275-471: The hull was to be built at Yantar and then towed to Helsinki for outfitting, but in the end the hull was assembled in Helsinki from blocks manufactured in Kaliningrad. The vessel was launched on 12 December 2013 and given the name Baltika . After sea trials, the icebreaker was towed to Kaliningrad where she was to be handed over to the owner. However, Baltika was later towed to Saint Petersburg where she

1326-400: The new icebreaker was named Polaris . She was floated out from the covered dry dock and into the outfitting quay on 3 January 2016 and delivered on 28 September. On 21 April 2014, Sovcomflot ordered an icebreaking platform supply vessel from Arctech Helsinki Shipyard. The 100 million euro vessel, which was initially scheduled to be delivered in June 2016, would be a further development of

1377-659: The new international sanctions against Russia . According to the Mayor of Helsinki , Juhana Vartiainen , the city would have to re-evaluate the long-term land-lease agreement for the Hietalahti shipyard, located in central Helsinki , due to the changed geopolitical situation. In March 2023, Helsinki Shipyard announced that the Quebec-based shipbuilder Chantier Davie Canada , part of the Inocea Group , had exercised an exclusive option for

1428-420: The plan to restart operations in 2018. Itineraries were scheduled to be released that summer, though none were ultimately publicized and released for sale. On 22 July 2020, a team led by former cruise industry executive Andrea Zito announced it had purchased Swan Hellenic from G Adventures. Zito, who had helped to broker the sale of Swan Hellenic to G Adventures in 2017 while working for V-Ships Leisure , said

1479-461: The potential purchase the Finnish shipyard's assets. The negotiations had reportedly begun already in December 2022. The conditional business purchase agreement, subject to approval of the authorities and fulfillment of the terms of the agreement, was signed in April 2023. In June 2023, the City of Helsinki agreed to extend the land lease agreement for the shipyard site by 50 years until 2073. The acquisition

1530-510: The project was put on hold due to international sanctions following Russia's invasion to Ukraine . On 30 September 2022, the Ministry for Foreign Affairs refused to grant an export license for the vessel. Arctech Helsinki Shipyard Arctech Helsinki Shipyard was a Finnish shipbuilding company that focused primarily on icebreakers and other icegoing vessels for arctic conditions. Between 2011 and 2019, Arctech Helsinki Shipyard built

1581-536: The revived brand will retain its British heritage and maintain the breadth of international offerings provided in the past by honing in on its focus on exploring different cultures across global destinations. The revived brand will launch with offices in Cyprus, Düsseldorf and Monaco . Swan Hellenic is scheduled to begin operations with the brand's first-ever new-build, an expedition vessel built by Helsinki Shipyard in Hietalahti , scheduled for delivery in August 2021 for

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1632-460: The sale of the whole shipyard with three parties: a group of Norwegian companies, an unnamed Russian businessman, and the KERMAS Group which had previously declined partial ownership. In October 2018, it was announced that the shipyard would be sold to the owners of Nevsky Shipyard and, in addition to cash, the sale would include transferring the privately owned Saint Petersburg -based shipyard to

1683-408: The shipyard had signed a letter of intent for the construction of two 150-to-160-passenger Polar Class 5 expedition cruise ships to an undisclosed buyer. On 27 June, the shipyard confirmed an order for two 113-metre (371 ft) expedition cruise ships with capacity of 157 passengers under the name "Project Vega". While Kommersant initially reported that the ships would be built for Vodohod ,

1734-475: The sole owner of Arctech Helsinki Shipyard since the beginning of 2015. The Russian ownership has resulted in some issues due to the economic sanctions imposed by the European Union and the United States as a response to the Russian involvement in the unrest in Ukraine . In August 2014, the Nordic-based bank Nordea announced that it would terminate Arctech's accounts due to the financial sanctions imposed by

1785-424: The start of hull assembly, was held in Helsinki on 27 July. The bow section of the vessel, named Yuriy Kuchiev , was launched on 16 July 2018 and arrived in Helsinki in August. With a beam of 32.5 metres (107 ft), the tanker is the widest vessel ever built at Helsinki Shipyard's Panamax -sized dry dock. In May 2019, it was announced that this vessel would be the last built by Arctech Helsinki Shipyard before

1836-425: The state-owned United Shipbuilding Corporation. While the initial deal fell through at the very last moment reportedly due to lack of approval from the Russian authorities, the sale was finally authorized by the Russian government in April 2019. 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. In preparation of

1887-474: The tender for the next Finnish state-owned icebreaker and that the final order for the 123 million euro vessel would be signed before the end of the year. However, on 29 November the Finnish Transport Agency cancelled the contract, citing issues with guaranties offered by the shipyard. On 22 January 2014, Arctech Helsinki Shipyard won the second round of the tendering process and the final contract

1938-462: The transaction, a new shipbuilding company Helsinki Shipyard Oy was established to take over the assets and operations at Hietalahti Shipyard. It was then sold to Algador Holdings , a private Russian company owned by Rishat Bagautdinov ja Vladimir Kasyanenko , while Arctech remained as a fully-owned subsidiary of the United Shipbuilding Corporation and would continue shipbuilding operations in Russia as

1989-404: The two similar vessels delivered in 2012 and 2013. 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 . The vessel would be chartered to Sakhalin Energy Investment Company (SEIC). Steel production began at Vyborg Shipyard, which would produce the hull blocks for

2040-492: The vessel, on 26 November 2014. The keel of the vessel, Gennadiy Nevelskoy , was laid on 17 December 2015. On 30 June, the vessel was floated out in order to make space for laying the keel of the next vessel. The vessel was delivered on 3 March 2017, slightly behind schedule. 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. The shipyard confirmed

2091-524: The year's end but didn't leave the shipyard until January 2018. 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. The Arc7 ice class tanker would be used to carry gas condensate from the natural gas fields in the Yamal Peninsula . While the shipyard was initially reluctant to confirm

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2142-402: Was acquired by P&O and became a subsidiary of Carnival Corporation & plc in 2003, but it ended operations in 2007 after Carnival discontinued the brand. Shortly after, All Leisure Holidays Group purchased and revived Swan Hellenic, but ended its operations in 2017. G Adventures acquired the brand later that year and planned to revive it for a second time in 2018, but sold the brand to

2193-475: Was announced on 15 May 2019. In preparation of the transaction, a new shipbuilding company Helsinki Shipyard was established to take over the assets and operations of Arctech Helsinki Shipyard at Hietalahti Shipyard. It was then sold to Algador Holdings , a private Russian company owned by Rishat Bagautdinov ja Vladimir Kasyanenko , while Arctech remained as a subsidiary of the United Shipbuilding Corporation and would continue shipbuilding operations in Russia as

2244-466: Was announced that Arctech Helsinki Shipyard had signed a contract together with Shipyard Yantar JSC from Yantar , Kaliningrad , for the construction of a 76 million euro icebreaking multipurpose emergency and rescue vessel for the Russian Ministry of Transport . The so-called " oblique icebreaker " would feature an asymmetric hull designed to break a 50-metre (160 ft) channel in 60-centimetre (2.0 ft) level ice when operating sideways. Initially,

2295-422: Was completed on 3 November 2023. Following the change in ownership, the shipyard has continued using Helsinki Shipyard as the brand name while the legal name of the new company is DNY Finland Oy. Shortly after the change of ownership, the new owners hinted that the first shipbuilding order for the new company would be announced within a month from its founding. In late May 2019, Hufvudstadsbladet reported that

2346-582: Was delivered to Rosmorrechflot on 30 December 2014. 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. The new icebreaker, Murmansk ,

2397-512: Was floated out from the shipyard's covered dry dock in January 2023 and, after completing sea trials, was delivered on 31 March. On 18 January 2022, Helsinki Shipyard announced that it had received an order for a large LNG-powered icebreaker from Norilsk Nickel in late 2021. The construction of the largest and most powerful diesel-electric icebreaker ever built in Finland was planned to begin in 2022 with delivery slated for late 2024. In February 2022,

2448-468: Was followed by launching on 23 June 2021 and delivery of the vessel in late November of the same year. The keel of the second vessel, SH Vega , was laid on 4 February 2021 and the vessel was floated out in February 2022. The vessel was delivered in July 2022 following a naming ceremony at the shipyard. On 20 October 2020, Finnish media reported that Helsinki Shipyard was about to sign a shipbuilding contract for

2499-582: Was launched in March 2015. While the vessel was to be delivered to the owner in August of the same year, the delivery was delayed until December. On 18 December, Murmansk was towed to Vyborg Shipyard where it would be delivered to the owner before the year's end. The icebreaker was handed over to Rosmorport after a flag-raising ceremony on 25 December 2015. On 27 November 2013, the Finnish Transport Agency announced that Arctech Helsinki Shipyard had won

2550-609: Was reported that ALG had gone into administration , leaving 400 passengers abroad. The Civil Aviation Authority was instructed to repatriate them and future bookings for 13,000 others had been cancelled with pending refunds. The news came one day after the company announced it was cancelling its first itineraries of 2017, seen as a precursor to the ending of operations after profits had declined in recent years. That month, Grant Thornton's Eddie Williams, administrator to ALG, told BBC : "The cruise operations [of Swan Hellenic and Voyages of Discovery] have been significantly loss-making over

2601-409: Was signed on 14 February. The 19-megawatt vessel, the most powerful icebreaker ever to fly the Finnish flag, would be powered by dual-fuel engines running on liquefied natural gas (LNG) and designed to break 1.6-metre (5.2 ft) ice in a continuous motion. The vessel, based on Aker Arctic 's Aker ARC 130 concept, was initially scheduled for delivery during the winter of 2016. On 11 December 2015,

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