Part of the Balkan Peninsula, Bulgaria has an area of 110,910 sq km (42,822 sq mi), and extends 330 km (205 mi) N – S and 520 km (323 mi) E – W . Comparatively, the area occupied by Bulgaria is slightly larger than the state of Tennessee. Bulgaria is bounded on the N by Romania, on the E by the Black Sea, on the SE by Turkey, on the S by Greece, and on the W by Macedonia and Serbia and Montenegro, with a total boundary length of 1,808 km (1,123 mi).

Varna is the largest city and seaside resort on the Bulgarian Black Sea Coast and in Northern Bulgaria, third-largest in Bulgaria after Sofia and Plovdiv, and 77th-largest in the European Union, with a population of 355,450 [1] (405,329 in the metro area).

ODESSOS Shiprepair Yard S.A. is situated at the southern end of the city of Varna, on the island between the old and new canals connecting Black Sea and the Lake of Varna and is about one mile far from the mouth of Port Varna.