seatec - Finnish marine technology review 2/2011 | Page 39

Finns and Russians combined forces in shipbuilding in grand fashion in December 2010, as a 50/50 joint venture was announced between STX Finland and United Shipbuilding Corporation. The new entity, Arctech Helsinki Shipyard, will build the future generations of arctic maritime vessels, creating highly specialised vessels such as ultra-modern icebreakers. Esko Mustamäki, Managing Director of ARCTECH Helsinki Shipyard Oy. seatec 2/2011 37