, type = Joint stock company , traded_as = , ISIN = , industry =

Shipbuilding Shipbuilding is the construction of ships and other Watercraft, floating vessels. It normally takes place in a specialized facility known as a shipyard. Shipbuilders, also called shipwrights, follow a specialized occupation that traces its roo ...

Metalworking Metalworking is the process of shaping and reshaping metals to create useful objects, parts, assemblies, and large scale structures. As a term it covers a wide and diverse range of processes, skills, and tools for producing objects on every scale ...

, foundation = , key_people = Jānis Skvarnovičs ( Chairman)
Einārs Buks (

CEO A chief executive officer (CEO), also known as a central executive officer (CEO), chief administrator officer (CAO) or just chief executive (CE), is one of a number of corporate executives charged with the management of an organization especiall ...

) , location_city =

Riga Riga (; lv, Rīga , liv, Rīgõ) is the capital and largest city of Latvia and is home to 605,802 inhabitants which is a third of Latvia's population. The city lies on the Gulf of Riga at the mouth of the Daugava river where it meets the B ...

, location_country =

Latvia Latvia ( or ; lv, Latvija ; ltg, Latveja; liv, Leţmō), officially the Republic of Latvia ( lv, Latvijas Republika, links=no, ltg, Latvejas Republika, links=no, liv, Leţmō Vabāmō, links=no), is a country in the Baltic region of ...

, location = , area_served = Europe , products =

Patrol Boats A patrol boat (also referred to as a patrol craft, patrol ship, or patrol vessel) is a relatively small naval vessel generally designed for coastal defence, border security, or law enforcement. There are many designs for patrol boats, and they ...

Fishing Vessel A fishing vessel is a boat or ship used to catch fish in the sea, or on a lake or river. Many different kinds of vessels are used in commercial, artisanal and recreational fishing. The total number of fishing vessels in the world in 2016 was ...

s, Workboats,

Ferries A ferry is a ship, watercraft or amphibious vehicle used to carry passengers, and sometimes vehicles and cargo, across a body of water. A passenger ferry with many stops, such as in Venice, Italy, is sometimes called a water bus or water taxi ...

Barge Barge nowadays generally refers to a flat-bottomed inland waterway vessel which does not have its own means of mechanical propulsion. The first modern barges were pulled by tugs, but nowadays most are pushed by pusher boats, or other vessels. ...

Oil tanker An oil tanker, also known as a petroleum tanker, is a ship designed for the bulk transport of oil or its products. There are two basic types of oil tankers: crude tankers and product tankers. Crude tankers move large quantities of unrefined c ...

Tugboat A tugboat or tug is a marine vessel that manoeuvres other vessels by pushing or pulling them, with direct contact or a tow line. These boats typically tug ships in circumstances where they cannot or should not move under their own power, su ...

s , revenue = , revenue_year = , operating_income = , income_year = , net_income = , net_income_year = , assets = , equity = , equity_year = , owner = , num_employees = , num_employees_year = , parent = , divisions = , subsid = , homepage
www.riga-shipyard.com
, footnotes = Riga Shipyard ( lv, Rīgas kuģu būvētava) is a

n shipyard as well as one of the largest shipyards in the

Baltic region The terms Baltic Sea Region, Baltic Rim countries (or simply the Baltic Rim), and the Baltic Sea countries/states refer to slightly different combinations of countries in the general area surrounding the Baltic Sea, mainly in Northern Europe. ...

. The shipyard has 9 berths, 3 docks and 2 slipways on the banks of

Daugava river The Daugava ( ltg, Daugova; german: Düna) or Western Dvina (russian: Западная Двина, translit=Západnaya Dviná; be, Заходняя Дзвіна; et, Väina; fi, Väinäjoki) is a large river rising in the Valdai Hills of Russ ...

channels. The yard is capable to accommodate

Panamax Panamax and New Panamax (or Neopanamax) are terms for the size limits for ships travelling through the Panama Canal. The limits and requirements are published by the Panama Canal Authority (ACP) in a publication titled "Vessel Requirements". ...

size vessels for dry-docking and

Aframax An Aframax vessel is an oil tanker with a deadweight between 80,000 and 120,000 metric tonnes. The term is based on the Average Freight Rate Assessment (AFRA), a tanker rate system created in 1954 by Shell Oil to standardize shipping contract t ...

size vessels for afloat repairs. Riga Shipyard has repaired more than 100 seagoing vessels per year and has built more than 150 hulls, some partially outfitted, since 1997. Established in 1913, the enterprise was torn by both world wars, which was revived both times. Riga shipyard was privatized in 1995. According to press, in 2013 suffered €1.6 mln losses in 2013 and €1.5 mln in 2014, almost going bankrupt in 2014. In 2020 Latvia's Financial and Capital Markets Commission (FKTK) fined the shipyard for violation of the Financial Instruments Market Law. According to the FKTK, the shipyard didn't provide audited financial statements for 2018 and interim financial statements for the first nine months of 2019. The shipyard was ordered to immediately provide all the necessary documents.

References

External links

* Shipbuilding companies of Latvia Manufacturing companies based in Riga Military vehicle manufacturers Defence companies of Latvia Shipbuilding companies of the Soviet Union Companies nationalised by the Soviet Union Manufacturing companies established in 1913 1913 establishments in the Russian Empire Companies listed on Nasdaq Riga {{Latvia-company-stub

See also

References

External links