Topic: Black Sea Fleet
- Russia's Black Sea Fleet - Top of the agenda again
- Kaliningrad shipyard to build three frigates for Russian Navy
- Russian navy takes delivery of new frigate
- The Black Sea Fleet: divided and fading
- Russia may build more Krivak class frigates for India
The Yantar Shipyard in the Baltic exclave of Kaliningrad will start on Saturday the construction of the first Krivak IV class frigate for Russia's Black Sea Fleet, a Defense Ministry spokesman said.
Yantar won a four-year contract on the construction of a total of three frigates for the fleet in October. The shipyard is currently building three frigates of the same class for the Indian Navy under a $1.6 billion contract.
"This ship will be named 'Admiral Grigorovich' after the former Russian naval minister [1911- 1917]," the official said.
A Krivak IV class frigate is equipped with a 100-mm gun, a Shtil medium-range air defense system, Club-N supersonic anti-ship missiles, two Kashtan point defense systems, two twin 533-mm torpedo launchers, and an anti-submarine warfare helicopter.
MOSCOW, December 17 (RIA Novosti)
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One of the main achievements of the 6th BRICS Summit was the signing of an official document on establishing a New Development Bank with a declared capital of $100 billion. The creation of the bank is an important step towards institutionalizing BRICS and strengthening its positions in the world in the long run.