Shipyard
A shipyard (also called a dockyard) is a place where ships are built and repaired. These can be yachts, military vessels, cruise liners or other cargo or passenger ships. Dockyards are sometimes more associated with maintenance and basing activities than shipyards, which are sometimes associated more with initial construction. The terms are routinely used interchangeably, in part because the evolution of dockyards and shipyards has often caused them to change or merge roles.
Sevastopol Shipyard
Under Ukrainian law, the shipyard is part of the Sevastopol Marine Plant (; "Sevmorzavod") joint stock company (JSC). As of 2017 the shipyard is under the ownership of Zvezdochka Shipyard, a subsidiary of United Shipbuilding Corporation. On January 31, 2018, the government of Russia transferred control of the shipyard to the Russian government under the control of the Ministry of Industry and Trade.