Russia's Ministry of Industry and Trade has proposed RUB6.4 billion ($76.3 million) to complete the large freezer trawler Viktor Gavrilov at the Yantar shipyard in Kaliningrad.
Two sources familiar with a meeting of the "Incident 42" interagency working group told Vedomosti on October 14 that participants supported the proposal. The group is led by Deputy Prime Minister Dmitry Patrushev and oversees civilian vessel construction at Russian shipyards.
RUB5 billion would come from subsidies freed after Norebo group entities cancelled contracts with Severnaya Verf for three of 10 Project 170701 trawlers.
A further RUB1.4 billion would come from the working group's own resources.
One source put the trawler at 57 per cent complete and estimated that completion would cost RUB5.5–5.7 billion.
The original contract was valued at RUB7 billion, with an extra RUB600 million agreed in 2023. Including the new proposal, the vessel's potential total cost is about RUB14 billion, or twice the original estimate.
The contract was signed in 2018 and the trawler was laid down in August 2019 for delivery in 2023. The deadline has since been postponed several times, most recently to 2026. The vessel was launched on January 31, 2025, and Yantar later announced measures to speed up its construction.
The 121-metre Project 5670FT trawler is being built for the V.I. Lenin Fishing Collective Farm under Russia's investment-quota programme.