Saint Petersburg-based shipyard Severnaya Verf started cutting metal for the first freezer factory trawler for Murmansk-based Rybprominvest, a unit of Norebo Group.

The Russian whitefish giant signed contracts with Severnaya Verf in November last year for the construction of six freezer factory trawlers for its fishing companies Rybprominvest, Karat-1, Alternative, Karelian Seafood and Murmansk Region Fleet, operating in Russia’s Northern Fishery Basin.

The total cost of the deal amounted to more than RUB 21 billion (€302.6