Russia's Krasnoye Sormovo shipyard has hailed the signing of a contract in late June with shipping company Volga-Flot as marking the return of Russian customers to domestic shipyards. The development is good news for Russian yards, which, like manyrnEuropeans builders, have been losing business to Asia.rnVadim Malov, general director of the MNP Group, which owns the Krasnoye yard, said: "We have to rejoice that Russian customers have come back to Russian shipyards."
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