Ukraine prepares for sale of seized Russian vessel in Chornomorsk port

Ukraine’s Asset Recovery and Management Agency (ARMA) is preparing for the sale of a seized bulk carrier.

The agency announced the planned sale on October 16, saying the ship could potentially be used as a floating grain storage facility.

Built in 2000, the vessel is 225 meters long and 32.26 meters wide, with a deadweight capacity of 73,281 tons and seven cargo holds.

According to the agency’s website, the vessel is currently located within the waters of the Chornomorsk seaport in Odesa region.

An appraiser has concluded that the asset is in satisfactory condition and could be utilized as a floating grain storage facility for the storage and transshipment of dry cargo.

The agency noted that this