The Israeli Navy's newest submarine, the "Rahav," set sail for Haifa from the German port of Kiel on Thursday following a short military ceremony in which the Israeli national and naval flags were raised on its deck. During the voyage, the Rahav will drop anchor and hold a brief ceremony near the spot where the Israeli submarine "Dakar" sank in 1968. The Rahav, staffed by 50 officers and enlisted men, is the fifth of Israel's Dolphin-class submarines. It is capable or firing cruise missiles and missiles with nuclear warheads. Each submarine is estimated to cost 500 million euros but a signifigant part of the cost is provided by the German government. The Rahav was manufactured by German shipyard Howaldtswerke-Deutche Werft.