Shipbuilder Severnaya Verf in St Petersburg has posted a bigger loss as revenue shrank.
The Russian yard said the net deficit in the first nine months was RUB 973m ($16.89m), against RUB 403m in the same period of 2016.
Revenue decreased to RUB 10.20bn against RUB 11.70bn a year ago.
Operating costs were RUB 11bn.
In the first half of 2017, the loss was RUB 448m.