Modernizing the Ukrainian Danube Shipping Company’s fleet will save about €8M annually.
The Austrian shipbuilding company ÖSWAG is modernizing ten of the Ukrainian Danube Shipping Company’s (UDP) self-propelled vessels. Japanese engines will be installed on the ships, said Dmytro Moskalenko, General Director of UDP. The official also emphasized the project’s economic impact. “Modernization of just one vessel brings an additional €800,000 per year. Fuel savings are 20-25%, the crew size is reduced from 12 to 7 people, there is a reduction in downtime for repairs and in the costs of finding and