KIEV, Oct. 29 - Kherson Shipyard, the Black Sea Shipyard and the 61 Communards Shipyard (all based in Mykolayiv) are drawing up a project to set up a shipbuilding holding in 2008-2009, Volodymyr Movchan, the head of the supervisory council of Mykolayiv-based Sudmashprom, which owns a 90.25% stake in Black Sea Shipyard, told Interfax-Ukraine.

He said that the stockholders in Kherson Shipyard are the initiators of the project. Among the aims of the holding will be shipbuilding, repairs, and the creation of its own shipping company to work on international cargo and cruise voyages.