The long-delayed Russian nuclear-powered ice-breaker 50 Let Pobedy is on target for delivery by the end of 2005.

Baltic Shipyard

The general director of St Petersbrug’s Baltic Shipyard, Oleg Shulyakovsky, said the vessel is now 72% complete.



The budget for its construction this year is RUR 913m ($31.5m) and in 2005 RUR 767m. This is being funded by the government.



Work on the vessel, then called Ural, began at the yard in 1989.



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