The information was revealed by Crimea's industry minister Andrey Skrynnyk, who said businessman Kostyantin Zhevago could exit the shipyard.

Zaliv still needs to be registered in accordance with Russian legislation so a sale could go through, he told the Delo newspaper.

The yard is eyeing new contracts for tankers and boxships, plus potential orders from the Russian state.

Zaliv this week agreed to take 100% control of NorYards in Norway, the former shipbuilding division of Bergen Group.