The Ukrainian Danube Shipping Company (UDP) has put its entire deepsea fleet up for auction as part of strategic restructuring.
State-run UDP said the decision was made as it wants to focus on modernising its river fleet.
The six small dry bulk ships will be auctioned in a single lot on December 13.
Two vessels – the Vilkovo and Izmail – are ready to start work straight away. However, the other four ships – Tatarbunar, Viana do Castelo, Kiliya, and Reni – have been inactive for years.
UDP’s history dates back to 1944 when it was founded in order to ensure transportation of troops and equipment along the Danube during World War Two.
