The Ukrainian government is planning to resume the corvette construction programme in 2012 and is likely to draft an amended programme for a new navy corvette.
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According to Shipbuilding Tribune News, the construction programme was halted in 2010 due to financial problems.
The Ukrainian Government had initially approved the building of ten ships in March 2009; however, due to budget constraints the project has been limited to just four corvettes.
The ship will have a displacement capacity of 2,500t with 30 days of endurance and will be deployed to operate in the Black and Mediterranean seas.
Under the $2bn corvette construction programme, the Ukrainian Navy is currently scheduled to commission the lead ship in 2016, while the construction of four corvettes will be completed by 2021.
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