Ukrrechflot (Ukraine) has taken delivery of the sixth Bug-series motor vessel

Ukrrechflot (Ukraine) has taken delivery of the sixth motor vessel of Bug series, RBC-Ukraine reports. According to the agency, the Nickolai Slavov vessel is to be launched on October 5 2006 at Damen Shipyards Ocean at Nickolayev. 9 Bug-type motor vessels of 6.5 dwt are to be built under the contract with Damen Shipyards Ocean. The vessels are being built to the cost of Ukrrechflot and EBRD’s credit line. The last credit line was open for about $70 million. Four newbuildings have been deployed already, the fifth one is under sea trials now.