JSC United Shipbuilding Corporation (USC;, ОСК) is an open joint stock company in Russia which unites shipbuilding, repair and maintenance subsidiaries in western and northern Russia, and in the country's Far East, to streamline civilian shipbuilding using military facilities. USC is the 100% owner of Arctech Helsinki Shipyard, having bought the remaining 50% of the shares from its joint venture partner STX Finland Cruise Oy. In 2016, the company's revenue amounted to 49 billion rubles. As of 2021, the corporation constructed up to 80% of ships in Russia.

History

United Shipbuilding Corporation was established in 2007 by a series of Presidential Decrees signed by President Vladimir Putin. According to the decree, the corporation has 3 subsidiaries: the Western Shipbuilding Center in St. Petersburg (Admiralty Shipyard), the Northern Shipbuilding and Maintenance Center in Severodvinsk and the Far Eastern Shipbuilding and Maintenance Center in Vladivostok. The state owns 100% of the shares. In June 2012 Andrei Dyachkov was appointed to its president. On May 21, 2013, Russian President Putin said that Vladimir Shmakov would be appointed as a new president of the corporation the following week. On 29 July 2014, the company was sanctioned by the United States. In 2017, the corporation closed its Northern and Western subsidiary branches. As a result of the Russian invasion of Ukraine, the company was sanctioned by New Zealand, as well as by the United Kingdom.

Structure

USC integrates the following companies: