OREANDA-NEWS. March 20, 2009. Marine Logistics LTD, the exclusive agent of the holding Group Tranzit DV in the APR market, and Shanghai LIXIN Shipyard, the subsidiary of the Chinese state-owned shipbuilding and repairing corporation China Shipping Industry Co, had reached the agreement upon long-term direct cooperation. This February both companies started a mutual project within the frameworks of which Marine Logistics LTD supervises, organizes and facilitates the repair of the fleet, owned by the Far-Eastern Russian shipping companies, with the favor and guarantee of the direct shipyard pricing.

At present Shanghai LIXIN Shipyard is effecting repair works on m/v Vysotskiy, the repair works being expected to be finished by the end of the month.

This is the second vessel of the Holding Group Tranzit DV which is under general repairs at this shipyard since the beginning of 2009. Previously LIXIN Shipyard had completed the repair works aboard m/v Zolotaya Kolyma. The vessel acceptance committee appointed by the shipowner had prized greatly the post-repair condition of m/v Zolotaya Kolyma and emphasized the supreme quality of the works done by the shipyard specialists.