Vasyl Kapatsyna - Ocean Shipyard

Vasyl Kapatsyna

Shareholder

The decision to revive the full-scale industrial shipbuilding in Mykolaiv was made in 2015 after long consultations with European partners. The acquisition of Ocean shipyard in 2018 also was a logical continuation of the business strategy of the investor team. Earlier Kapatsyna’s team managed to attract more than $ 0.5 billion into Mykolaiv’s port infrastructure.

“Ocean is the only yard, that can really be a flagship of Ukrainian shipbuilding.

My team has an impeccable successful experience in the implementation of large investment projects in Mykolaiv (we managed to bring in more than half a billion dollars of investments and build several offshore transshipment terminals and processing plant), we have an appropriate reputation in the world market. In early 2015, on the recommendation of our partners, I was invited by powerful European industrial corporation and was shown their shipbuilding program, the availability of financial resources. Of course, I was interested in that, and we made the decision to enter this process and baught the shipyard on December 3, 2018.

Restoring the yard requires investments that exceed its purchase cost. However, we are fully confident of our duty to revive the world shipbuilding legend. Today, Ocean is staffed by professional shipbuilders of all specialties. For the first time in many years the Mykolaiv shipbuilders (sometimes whole crews) return home to build bridges and vessels in their hometown.
We have preserved and restored unique metalworking facilities. And we are ready to compete with the best shipyards in Eastern Europe and Asia Minor, not only with the cost of labour but also with the quality, the standards of which have been laid down by Damen Shipyards Group and Aker group” – says Vasyl Kapatsyna.