The world’s first floating nuclear powerplant is currently under construction at a shipyard in St. Petersburg. It will be 144 m long and30 m wide and house two 35-MW reactors. It will supply power in remote areas. Upon completion in 2012, crews will tow the plant to the port of Vilyuchinsk on the Kamchatka peninsula, where it will supply power to a submarine base. Russia’s United Industrial Corp. (OPK) is building the FNPP at its Baltiiskii Zavod shipyard for owner Concern Energoatom, Ukraine’s state-owned nuclear utility. Russia has extensive experience with nuclear-propelled submarines and icebreakers, and the reactors on the
The market is generally healthy and steadily growing, and margins are up for large specialty contractors. Further, advances in design tools and owner demand for collaboration are giving subcontractors a seat at the table early on in projects.