Main  /  News  / 
03.07.17
SMG Completes Modernization of Donmaster Spirit Dry Cargo Ship
SMG Completes Modernization of Donmaster Spirit Dry Cargo Ship user/common.seoImage

Kherson Shipyard of Smart Maritime Group has completed a deep modernization of Donmaster Spirit dry cargo ship (Belize colours) and has given it over to the customer.

As part of the modernization, the length of the vessel was increased to 119 meters.

About 400 tonnes of high-strength shipbuilding steel was used to build a 23-meter insert. Within the scope of the work, a new hull was made. In addition, specialists of the shipyard painted the outer shell and freight hold compartments of the ship, installed new electrical equipment and fitter items, pipelines and new MacGregor cargo-hatch covers.

The modernization made it possible to significantly improve the technical and economic parameters of the vessel. It became a 3-bilge vessel with the deadweight increased by 14% – to 4,900 tonnes.

Reference:

Donmaster Spirit vessel (design project 17310, type Russia) was built at SSZ Krasnoe Sormovo in 2002. The original design parameters of the vessel are 96m × 13m, deadweight of 4,294 tonnes.

Smart Maritime Group (SMG) is Ukraine's largest shipbuilding holding company combining two shipyards: Nikolaev and Kherson.

SMG's 2016 production output amounted to UAH 395 million. The amount of taxes and fees paid by the Company to budgets of all levels for 2016 was UAH 74 million, including UAH 23 million paid to local budgets.

Starting from 1 June, the Company has 50% increased wage rates for main and auxiliary workers. Wages of the main production workers have grown up by an average of 30%.

18.12.25
The State Budget of Ukraine Received 41% Less Taxes from Smart Holding in the First 9 Months of 2025
As of January–September 2025, the Group’s companies paid 543 million UAH in taxes, which is 41% less than in the same period last year (915 million UAH). This reduction occurred, among other reasons, due to increased government pressure and the blocking of gas production assets of the publicly listed British company Enwell Energy.
17.11.25
Ukraine imports gas, while blocking its own fields
Ukraine has gas, but cannot produce it. Not because of the war. Not because of missiles. Due to the decisions of state bodies.
07.11.25
We need to distinguish sanctions against individuals and the work of enterprises operating in Ukraine, paying taxes and supporting energy independence
Today, the Ukrainian energy sector lives between two realities: On the one hand, there is an urgent need for its own gas, on the other hand, there are legal norms that actually stop those who can provide this resource.