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December 13, 2000

Greece (which ordered four Russian-Ukrainian Zubr Type 1232.2 air cushion landing craft earlier this year, plans to exercise its contract option to buy another four. These hovercraft cost $51 million each. The first four were existing ex-Soviet craft refurbished for Greece, but the second batch of four may well be built new in the Almaz Yard in St Petersburg--Stephen V Cole