OREANDA-NEWS. March 17, 2011. The branch of Ingosstrakh OJSIC in Nizhny Novgorod concluded an agreement for insurance of vessels under construction with the plant “Nizhegorodsky Motor Vessel” OJSC. The object of insurance was a roadstead diving boat under construction. The total insurance sum amounts to over 250 mln. rubles.

Under the agreement, the boat was insured with liability for full loss and destruction for the period of construction, sea and mooring trials, and also for the period of voyage to Novorossiysk.

“Nizhegorodsky Motor Vessel” OJSC is located in the town of Bor, Nizhny Novgorod region. The plant specializes in creation of vessels for technical and auxiliary fleet, port equipment and ship machine-building devices. The production facilities of the enterprise provide the possibilities for the construction of vessels up to 135 meters long, with the launching weight of up to 1500 tons.