The Asset Recovery and Management Agency (ARMA) is preparing the seized drycargo vessel EMMAKRIS III for sale. The vessel is located in the waters of theChornomorsk Commercial Sea Port in Odesa region.

Built in 2000, the vessel has substantial technical specifications that make it suitablefor the transportation and storage of dry cargo.

Key specifications of EMMAKRIS III:

According to the valuation report, the vessel is in satisfactory condition. In particular, it can be used as a floating grain storage facility for storing and transshipping drycargo. This type of operation may be relevant to the logistics and transport sectors, given the need for additional capacity to handle grain and other bulk cargoes.

The vessel was owned by a company registered in Rostov-on-Don, RussianFederation. In April 2023, the Pecherskyi District Court of Kyiv ruled that the seizedvessel be transferred to ARMA for management.

Preparation for sale is intended to ensure a transparent procedure, competitiveaccess for potential buyers and the opportunity for the state to derive economicbenefits from the sale of seized property.

Detailed information about the asset