Russia's S7 Space Transportation Systems company plans to start launching Zenit-3SL carrier rockets from the Sea Launch floating platform and continue until 2023, the company said on its website Monday.

"Work is underway to end the conservation of the complex and to restore launch activities with the use of Zenit carrier rockets in the current configuration until 2023," the company said.

Sea Launch was formed in 1995 as a consortium of four companies from Norway, Russia, Ukraine and the United States, and was managed by US aerospace giant Boeing. The project aimed to use a floating launch site to place rockets on the equator, which is the best possible location for launch giving the rocket additional speed on lift-off thanks to centripetal force caused by Earth's rotation. The company was purchased by Russia's S7 Group in September 2016.

The only carrier rocket that could be launched from the pad is Zenit-3SL, manufactured by the Ukrainian Yuzhmash construction bureau and using Russian RD-171 engines produced by the NPO Energomash manufacturer. The last Zenit launch from the Sea Launch was carried out in 2014.

In April, Yuzhmash and S7 Sea Launch Limited signed a deal on supply of 12 Zenit-3 SL carrier rockets.

Source: Sputnik News

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What Happened to Sea Launch
Bethesda MD (SPX) Sep 07, 2016
Sea Launch is a unique space launch system intended to be an attractive way to launch geostationary earth orbit (GEO) satellites. It was developed as a multinational endeavor that uses a mobile maritime launch platform for equatorial launches of commercial payloads on a specialized Zenit-3SL launch system. The first launch took place in March 1999 with launches occurring for the next 15 years. A ... read more

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