The shipyard "Bay" has two technological lines for the construction of ships. The plant is known as a builder of military frigates. Until 2014, the plant mainly built hulls of bulk carriers and bulk carriers, carried out orders for drilling platforms and engaged in ship repair. In 2020, he began construction of aircraft carriers for the Russian Navy. It is located on the shore of the Kerch Strait, between two seas — the Black Sea and the Sea of Azov, in a bay protected from the east winds. It occupies an area of more than 140 hectares.