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☆ Ukraine says Russian cruise missile submarines are out in force as its Black Sea surface fleet falls back
▼ + stars: | 2024-07-30 | by ( Chris Panella | ) www.businessinsider.com time to read: +4 min

Read previewThe Russian navy has simultaneously deployed three of its cruise missile submarines in waters within the general Black Sea area, Ukraine's navy says. Referencing surface ship losses, he said that Russia's Black Sea Fleet has been "called a submarine fleet," adding that "now, it's true." Coupled with the drone boat attacks, these triggered the withdrawal of the Black Sea Fleet to other bases in the area. SBULacking a traditional naval force able to compete with Russia's Black Sea Fleet, Ukraine has relied on drone boats and missiles to defeat Russian ships in the Black Sea. AdvertisementCountering the serious threat posed by Russian cruise missile submarines operating in the region is a more difficult challenge than targeting and engaging surface ships.

Persons: —, Dmytro Pletenchuk, Pletenchuk, Lloyd Austin Organizations: Service, Sea Fleet, Business, Facebook, Fleet, EG, Kilo, Getty Images, Russian, Black, US Locations: Russian, Crimea, Russia, Ukrainian, Azov, Rostov, Ukraine, Novorossiysk, STRINGER, Sevastopol, Russia's

☆ Ukraine's navy is harassing Russian forces with 16 new armored assault boats built by Sweden
▼ + stars: | 2024-07-11 | by ( Lauren Frias | ) www.businessinsider.com time to read: +1 min

Turning the tide in the Black SeaSwedish Marines also operate the CB90-class fast assault craft. Following a six-month effort by Steel Front and Ukrainian steel giant Metinvest, the three vessels and crew training for Ukrainian forces cost more than $4.1 million. In total, Sweden has provided at least 13 CB90s to Ukraine's navy. The Netherlands donated nearly two dozen inflatable and armored boats, including three CB90s, to Ukraine in March. It wasn't immediately clear what type of vessels were sent, but Finnish media speculated them to operate similarly to the Swedish CB-90.

Persons: Danielle, Rinat Akhmetov, Oleksandr Vodoviz Organizations: Sea, Marines, Navy, Steel Front, Finnish Ministry of Defense, Swedish CB Locations: Ukraine, Crimea, Sweden, Netherlands, Swedish

☆ Taiwan is one-upping Ukraine's navy to defeat a Chinese invasion
▼ + stars: | 2024-06-15 | by ( Michael Peck | ) www.businessinsider.com time to read: +6 min

Read previewTaking a cue from Ukraine's use of naval drones to offset a superior Russian fleet, Taiwan has unveiled a much larger unmanned kamikaze boat that could devastate a Chinese amphibious force. But if not this one, Taiwan will certainly field some kind of unmanned attack boat to try to stop a Chinese invasion or blockade. AdvertisementBoth Taiwan and America are looking to what has become the gold standard in naval drone warfare: Ukraine's campaign in the Black Sea. Instead, Russia's Black Sea Fleet has retreated from Ukrainian waters. In part this is because of land-based anti-ship missiles such as the Neptune, which sank the cruiser and Black Sea Fleet flagship Moskva in 2022.

Persons: —, Samuel Paparo, Paparo, Magura, Michael Peck Organizations: Service, Liberty Times, Business, Pacific Command, Washington Post, US, Sea Fleet, Defense, Foreign Policy, Rutgers Univ, Twitter, LinkedIn Locations: Russian, Taiwan, China, America, Ukraine, Moskva, Japan, Forbes

☆ Ukraine says it may have destroyed Russia's last cruise missile carrier based out of Crimea
▼ + stars: | 2024-05-21 | by ( Mia Jankowicz | ) www.businessinsider.com time to read: +3 min

Read previewUkraine's navy claims it has likely destroyed the last of Russia's cruise missile carriers operating out of the crucial Black Sea peninsula of Crimea. If confirmed, it would mean there is no longer a Russian missile carrier based out of the key peninsula, he told the outlet. Russia seized Crimea from Ukraine in 2014, and it is home to Russia's Black Sea Fleet headquarters at Sevastopol. The move came amid Ukraine's ongoing campaign against Russian Black Sea ports and warships, using cruise missiles and drones. In April, Ukraine claimed to have destroyed or damaged a third of the Russian fleet.

Persons: —, Dmytro Pletenchuk, KCHF.ru, Pletenchuk, Radio Svoboda Organizations: Service, Radio Free, Business, Fleet, Black, Russian Telegram, Radio, Russian Locations: Crimea, Russian, Russia, Ukraine, Sevastopol, Radio Free Europe, Crimean, Ukrainian, Novorossiysk

☆ Russia's Black Sea Fleet has 1 'loser' missile ship left in Crimea that has not launched a single missile, Ukrainian captain says
▼ + stars: | 2024-03-31 | by ( Alia Shoaib | ) www.businessinsider.com time to read: +3 min

A Ukrainian navy captain claimed Russia has only one missile ship left in the Black Sea. He said that most of the Black Sea Fleet had relocated after a series of Ukrainian strikes. A senior UK Royal Navy officer said that 25% of Russia's Black Sea warships had been sunk or damaged. Pletenchuk noted that the Black Sea Fleet was once considered Russia's main force in Crimea but had almost entirely been chased away and relocated. The UK's defense minister said on March 25, after the latest Ukrainian attack, that the Black Sea Fleet was "functionally inactive."

Persons: —, Dmytro Pletenchuk, Pletenchuk, Ivan Khurs, Konstantin, Russia's Adm, Viktor Sokolov, Adm, Sergei Pinchuk Organizations: Black Sea Fleet, UK Royal Navy, Service, Ukrainian, Cyclone, Gerashchenko, Black Locations: Ukrainian, Russia, Crimea, Russian, Novorossiysk, Gerashchenko Ukraine, Sevastopol, Russia's, Ukraine

☆ Dramatic video appearing to show a flaming Russian Su-27 jet crashing into the Black Sea shot down by own side, Ukraine says
▼ + stars: | 2024-03-30 | by ( Cameron Manley | ) www.businessinsider.com time to read: +1 min

Russian Armed Forces appear to have downed their own Su-27 fighter jet over occupied Crimea. A Ukrainian spokesperson said human error was to blame for the Russian blunder. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementRussian Armed Forces downed one of their own Sukhoi Su-27 fighter jets over Crimea on Thursday, Ukrainian officials claim. This story is available exclusively to Business Insider subscribers.

Persons: —, Su, Dmytro Pletenchuk Organizations: Russian Armed Forces, Service, Ukraine's, Russian Federation, Business Locations: Crimea

☆ Ukraine says a missile barrage against Russia's Black Sea Fleet was even more successful than it thought
▼ + stars: | 2024-03-28 | by ( Sinéad Baker | ) www.businessinsider.com time to read: +1 min

Ukraine revised its tally of Russian ships it said were damaged in strikes over the weekend. It said four Russian ships were hit, with earlier statements mentioning just two. Ukraine has targeted Russia's Black Sea Fleet, which the UK says is now "functionally inactive." AdvertisementUkraine said its weekend strikes on Russia's Black Sea Fleet were more successful than it previously disclosed, with damage to two additional vessels. Ukraine's navy said on Sunday that it struck two of Russia's large landing ships, the Yamal and the Azov, in occupied Crimea in an attack on Saturday.

Persons: —, Ivan Khurs, Konstantin Organizations: Service, Business Locations: Ukraine, Azov, Crimea

☆ Ukraine said it sank a $65 million warship that Russia planned to use for an antiaircraft missile system
▼ + stars: | 2024-03-05 | by ( Sinéad Baker | ) www.businessinsider.com time to read: +3 min

Ukraine said it destroyed another Russian ship in the Black Sea using sea drones. The Sergei Kotov patrol vessel, part of Russia's Black Sea Fleet, cost $65 million, Ukraine said. AdvertisementUkrainian military intelligence said a $65 million Russian warship was the latest to be sunk in the Black Sea. It added that a Ukrainian special unit attacked the Black Sea Fleet vessel in cooperation with Ukraine's navy and the Ministry of Digital Transformation. In December, the UK's defense minister said that "over the past 4 months 20% of Russia's Black Sea Fleet has been destroyed."

Persons: Sergei Kotov, —, Andrii, Russian Sergey Kotov, 3KPMpgxXD8, 4LGiEYQaEY — Anton Gerashchenko Organizations: Service, Directorate of Intelligence, Ministry of Defense, Ministry of Digital, Kyiv, Radio Free, Ukrainian Defense Intelligence, Ukraine, Kyiv Independent Locations: Ukraine, Russia's, Russia, Ukrainian, Kerch, Radio Free Europe, Russian, Sevastopol, Crimea

☆ Ukraine is struggling hard on land, but thrashing Russia repeatedly at sea
▼ + stars: | 2024-02-14 | by ( Tom Porter | Mia Jankowicz | ) www.businessinsider.com time to read: +7 min

AdvertisementIf confirmed, it would mark strike twenty-five in a remarkable kill streak that Ukraine told CNN represents the disabling of a full third of Russia's Black Sea Fleet. AdvertisementUkraine's most astonishing triumph came early, in April 2022, when it sank Russia's Black Sea flagship, the Moskva. "Ukraine has been extremely successful against the Black Sea Fleet, forcing Russia to relocate assets further away from Ukraine and the frontline," Germond told BI. AdvertisementDown, but not outIs Ukraine's Black Sea success a solution to Ukraine's stalled ground offensive? This means that any ships sunk result in a longer-term decrease in the Black Sea Fleet.

Persons: —, Caesar, Ukraine Navy's, Murad Sezer, Sahaidachny, MAX DELANY, it's, Basil Germond, Germond, Michael Kofman, ” Sidharth, Kaushal, Russia can’t, ” Organizations: Service, Business, Russia's Ministry of Defence, Ukraine, CNN, Reuters, Getty, Military, Lancaster University, Shadow, Black, The Carnegie Endowment, Planet Labs PBC, Labs, UK’s Ministry of Defence, Royal United Services Institute, Montreux Convention, NATO, Ukraine’s Ministry of Defence Locations: Ukraine, Crimea, Bosphorus, Sevastopol, Moskva, Russian, Syria, Rostov, Minsk, Russia, France, Novorossiysk, Odesa, Ukrainian

☆ Ukraine's intelligence chief hints at more attacks on Russian soil, targeting critical infrastructure
▼ + stars: | 2024-02-01 | by ( Sinéad Baker | ) www.businessinsider.com time to read: +3 min

Ukraine's intelligence chief hinted that his country would conduct more attacks on Russian soil following a string of unclaimed attacks that took place on Russia's oil and gas infrastructure. Kyrylo Budanov, the head of Ukraine's defense intelligence directorate, told CNN that drone attacks on Russian soil were "quite possible." "And I believe that this plan includes all the major critical infrastructure facilities and military infrastructure facilities of the Russian Federation." Budanov said attacks on Russian soil mean the country's citizens finally "see the real picture," and that helps Ukraine. Ukraine's allies have said that they don't want the weaponry they've given to be used against targets on Russian soil, something Ukraine has agreed to.

Persons: Budanov, Insider's Alia Shoaib, Jan Kallberg Organizations: CNN, Russian Federation, Sky News, Centre for, Russian Locations: Ukraine, Russia, Moscow, Kyiv

☆ Ukrainian naval commander said his navy would gladly take charge of 2 British warships set to be retired
▼ + stars: | 2024-01-29 | by ( Sinéad Baker | ) www.businessinsider.com time to read: +3 min

Read previewThe head of Ukraine's navy said he would gladly take charge of two British warships that will reportedly be retired this year as the UK does not have enough sailors to man them. Advertisement"The Navy needs warships, because we understand that there is no navy without ships," he said, adding: "This is why, if such a decision is taken, concerning the possibility of handing over two frigates to the [Ukrainian] Navy, we will be very happy." Neizhpapa said Ukraine needs more ships and weapons to ensure a peaceful future for Ukraine. He also told Sky News said Ukraine needs ships to stop Russia's navy from being able to attack Ukraine, and to protect areas so that ships can access Ukrainian ports. AdvertisementRussia, meanwhile, has used its navy to frustrate Ukrainian trade and to launch missile attacks across Ukraine.

Persons: —, Adm, Oleksiy Neizhpapa, Neizhpapa Organizations: Service, Business, UK's Telegraph, Royal Navy, Sky News, Navy, Ukraine, Russia Locations: Ukraine, Russia, Ukrainian, Crimea, Russian, Moscow, Sevastopol

☆ Russia attacks Ukraine with 21 drones, three missiles - Ukraine air force
▼ + stars: | 2023-11-29 | by ( ) www.reuters.com time to read: +1 min

Nov 29 (Reuters) - Russia launched 21 drones and three cruise missiles at Ukraine overnight, but all the drones and two of the missiles were destroyed before reaching their targets, Ukraine's air force said on Wednesday. The third missile was not destroyed but did not reach its target, the air force said without going into further detail. The Iranian-made Shahed drones were headed towards the western region of Khmelnytskyi, the air force said. The target was not identified, but the region is home to a large air base. The air force said the missiles were shot down over the southern region of Mykolaiv, while the drones were downed in seven provinces all over Ukraine.

Persons: Lidia Kelly, Clarence Fernandez, Andrew Heavens Organizations: Reuters, Fleet, Moscow, Thomson Locations: Russia, Ukraine, Khmelnytskyi, Mykolaiv, Russian, Kherson, Melbourne

☆ Russia says frigate hits Ukraine's military infrastructure with cruise missiles
▼ + stars: | 2023-11-29 | by ( ) www.reuters.com time to read: +2 min

A frigate of the Russian Black Sea Fleet launches a Kalibr cruise missile at Ukraine's military infrastructure, according to Russian Defence Ministry, in the Black Sea, in this still image taken from video released November 29. Russian Defence Ministry/Handout via REUTERS Acquire Licensing RightsNov 29 (Reuters) - A frigate of the Russian Black Sea Fleet launched an attack with four cruise missiles on Ukraine's military infrastructure, Russia's defence ministry said early on Wednesday. "The crew of a frigate of the Black Sea Fleet received a task of launching a strike with Kalibr cruise missiles in the shortest possible time against enemy military infrastructure," the ministry said on its Telegram messaging app. The Black Sea has become a crucial theatre in the 21-month-long war. Ukraine's increased air and sea drone attacks on Russian military targets there have damaged ship and naval repair yards in the port of Sevastopol, and struck other targets.

Persons: Vladimir Putin, Volodymyr Zelenskiy, Lidia Kelly, Jacqueline Wong, Raju Gopalakrishnan Organizations: Sea Fleet, Russian Defence Ministry, REUTERS Acquire, Black Sea Fleet, Reuters, Russian, Thomson Locations: Russian, Ukraine, Sevastopol, East, Europe, Melbourne

☆ Russia Says Frigate Hits Ukraine's Military Infrastructure With Cruise Missiles
▼ + stars: | 2023-11-28 | by ( Nov. | At P.M. | ) www.usnews.com time to read: +2 min

(Reuters) - A frigate of the Russian Black Sea Fleet launched an attack with four cruise missiles on Ukraine's military infrastructure, Russia's defence ministry said early on Wednesday. "The crew of a frigate of the Black Sea Fleet received a task of launching a strike with Kalibr cruise missiles in the shortest possible time against enemy military infrastructure," the ministry said on its Telegram messaging app. "The missile threat level is high," Ukraine's navy said on its Telegram messaging app. The Black Sea has become a crucial theatre in the 21-month-long war. Ukraine's increased air and sea drone attacks on Russian military targets there have damaged ship and naval repair yards in the port of Sevastopol, and struck other targets.

Persons: Vladimir Putin, Volodymyr Zelenskiy, Lidia Kelly, Jacqueline Wong, Raju Gopalakrishnan Organizations: Reuters, Sea Fleet, Black Sea Fleet, Russian Locations: Russian, Ukraine, Sevastopol, East, Europe, Melbourne

☆ 2 paratroopers who hid out in Russian-occupied territory for 18 months were rescued by Ukraine's special forces, Navy says
▼ + stars: | 2023-09-30 | by ( Rebecca Rommen | ) www.businessinsider.com time to read: +2 min

Two Ukrainian soldiers were rescued after hiding for 18 months in Russian-occupied territory. They were able to hide with the help of locals, Ukraine's Navy said in a Facebook post. AdvertisementAdvertisementUkraine's special forces successfully rescued two paratroopers who had been hiding for over a year and a half in Russian-occupied regions of Ukraine, Ukraine's Navy said in a Facebook post. "Every life is important," the Ukrainian Navy said in the post, which included a video of soldiers hugging each other. Units from Ukraine's Air Assault Forces Command were also involved in the operation, providing covering fire for the Angels unit, the post says.

Persons: —, Simon Lingard, Lingard, Stacey Longworth, Simon Organizations: Service, Ukraine's, Ukrainian Navy, Navy, Ukraine's Air Assault Forces Command, Angels, BBC Locations: Ukraine, Russian, British, Bakhmut

☆ Ukraine's relentless targeting of the Black Sea Fleet has disrupted Russia's efforts to block a key export
▼ + stars: | 2023-09-29 | by ( Erin Snodgrass | ) www.businessinsider.com time to read: +4 min

Ukraine has increased its attacks on Russia's Black Sea fleet in recent weeks. AdvertisementAdvertisementA recent spate of destructive Ukrainian attacks on Russia's Black Sea Fleet may have as much to do with Ukraine's economic prospects as its military tactics. AdvertisementAdvertisementUkraine's economic interest in the Black Sea is an added layer to the warfare already ongoing in the region. Ukraine has long had reason to target Russia's Black Sea Fleet, which plays a key role in launching long-distance missile strikes. Ukraine recently launched missile strikes on the Black Sea Fleet's headquarters in the city of Sevastopol.

Persons: —, Simon Miles, Miles, they've Organizations: Service, United Nations, Black, Duke University's Sanford School of Public, Soviet Union, UN, The New York Times, NATO, The Times, Ukrainian Locations: Ukraine, Russia, Crimean, Black, Soviet, Romania, Bulgaria, Turkey, Crimea, Sevastopol

☆ Ukraine trolls Russia for losing an attack submarine to a country that hardly has a navy
▼ + stars: | 2023-09-21 | by ( Chris Panella | ) www.businessinsider.com time to read: +5 min

A new video from Ukraine's defense ministry pokes fun at Russia for losing the Rostov-on-Don submarine. The video trolls Russia for losing a submarine "in a land war" to a country "without many warships." The video, posted on X, formerly known as Twitter, by the Ministry of Defense of Ukraine, pokes fun at Russia for having "lost a submarine in a land war." "Well, among other things... we're a country without many warships, and we just destroyed a Russian submarine." And, according to warfare expert Franz-Stefan Gady, it's the first combat loss of a Russian submarine since 1945.

Persons: Russia, Don, Franz, Stefan Gady, they'd, — Organizations: Russia, Rostov, Service, Ministry of Defense, —, Moscow, Russia's Ministry of Defense, Russian, Sea Fleet, Moskva, US Army Locations: Rostov, Sevastopol, Wall, Silicon, Ukraine, Russia, we're, Russian, Minsk, Crimea, Olekivka, Yevpatoriya

☆ Ukraine's Bayraktar TB2 drones appear to be back in combat — and with devastating effect, reports say
▼ + stars: | 2023-09-10 | by ( Nathan Rennolds | ) www.businessinsider.com time to read: +4 min

"That TB-2s again are firing missiles at Russian troops is a strong indicator that Russian air defenses in the south are in trouble," wrote David Axe in Forbes. Indeed, the TB2 Bayraktar sorties revival came a week after a prized advanced S-400 Triumf was spectacularly destroyed in Crimea. AdvertisementAdvertisementThe rise and fall of the Bayraktar TB2A collage of four screenshots from what Ukrainian forces say was the viewfinder of Bayraktar TB2 drones targeting Russian-controlled assets in March 2022. Russia worked fast to improve its air and electronic defenses at the start of the war following Ukraine's early successes, becoming adept at jamming and destroying many of Ukraine's drones. AdvertisementAdvertisementIt adds that there are 257 Bayraktar drones in operation, serving Turkey, Qatar, Ukraine, and Azerbaijan.

Persons: David Axe, Samuel Bendett, Bendett Organizations: Service, Ukraine's Navy, Russian KS, Ukrainian Navy, American Patriot, Ukraine Armed Forces, Facebook, Navy, Center for Naval Locations: Wall, Silicon, Russian, Turkish, Ural, Kherson, Ukraine, Forbes, Crimea, Moscow, Russia, Libya, Nagorno, Karabakh, Turkey, Qatar, Azerbaijan

☆ A Ukrainian-made missile that could hit targets 930 miles inside Russia is nearly ready, says top security official
▼ + stars: | 2023-09-04 | by ( Thibault Spirlet | ) www.businessinsider.com time to read: +3 min

New Ukrainian-made missiles could reach up to 930 miles into Russia, a top security official said. Oleksiy Danilov said the weapons will be used against Russian military facilities - not civilians. His comments follow President Zelenskyy's statement that weapons could hit Russia more than 430 miles away. Unlike Russia, he said, Ukrainian missiles and drones inside Russia will only target factories and military facilities - not civilian objects. His comments follow those of Ukrainian President Zelenskyy, who said Ukraine's weapons could hit targets more than 430 miles away.

Persons: Oleksiy Danilov, Zelenskyy's, Danilov, Zelenskyy, Samuel Bendett Organizations: Service, Ukrainian Radio, National Security and Defense, of, New, Russian Federation —, Ukrainian Ministry of, Reuters, Center for Naval, NATO Locations: Ukrainian, Russia, Wall, Silicon, Ukraine, of Ukraine, Kherson, Pskov

☆ Ukraine's military shared video of the moment it says one of its aerial drones sank a Russian naval vessel
▼ + stars: | 2023-09-03 | by ( Charles R. Davis | ) www.businessinsider.com time to read: +2 min

Video posted by the Ukrainian military purports to show the moment it destroyed a Russian boat. The missile strike on a KS-701 patrol boat killed six Russian forces, according to the Ukrainian navy. But since the 2022 invasion, Kyiv has invested heavily in both aerial and naval drone technology, threatening not just Russian forces — and oil tankers — but the Kerch Bridge. The release of the video Sunday is likely intended to boost morale as Ukrainian forces are bogged down in a counteroffensive that has cost thousands of lives. Last month, US officials told The New York Times that about 70,000 Ukrainian soldiers have been killed since Russia launched its full-scale invasion last year (compared to about 120,000 Russian soldiers killed in action).

Organizations: Service, Ukraine's, New York Times, United Nations Locations: Ukrainian, Wall, Silicon, Kherson, Turkish, Russia, Ukraine, Crimea, Kerch

☆ Ukraine says it launched 'special operation' in Russian-occupied Crimea
▼ + stars: | 2023-08-24 | by ( ) www.reuters.com time to read: +2 min

Ukrainian President Volodymyr Zelensky speaks at the press conference after the opening session of Crimea Platform conference in Kyiv, Ukraine, 23 August 2023. OLEG PETRASYUK/Pool via REUTERS Acquire Licensing RightsKYIV, Aug 24 (Reuters) - Ukraine's navy and military intelligence carried out a "special operation" overnight in which units landed on Russian-occupied Crimea, the defence ministry's Main Directorate of Intelligence (HUR) said on Thursday. "Special units on watercraft landed on the shore in the area of the Olenivka and Mayak settlements," HUR said in a statement. "Also, the state flag flew again in Ukrainian Crimea," it said, without saying where exactly or providing further details. On Wednesday, Ukraine's military intelligence also reported deliberately luring a Russian military pilot to land his Mi-8 helicopter at a Ukrainian airfield.

Persons: Volodymyr Zelensky, OLEG PETRASYUK, HUR, Volodymyr Zelenskiy, Dan Peleschuk, Timothy Organizations: REUTERS Acquire, Rights, Directorate of Intelligence, Reuters, Timothy Heritage, Thomson Locations: Crimea, Kyiv, Ukraine, Russian, Russia, Olenivka, Ukrainian Crimea, Ukrainian

☆ CNBC Daily Open: Chilling effect
▼ + stars: | 2023-08-11 | by ( Clement Tan | ) www.cnbc.com time to read: +2 min

This report is from today's CNBC Daily Open, our new, international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. Markets reacted favorably, expecting July's tame inflation reading to mean no more interest rate hikes from the Federal Reserve. U.S. stocks pare early gainsThe Dow Jones Industrial Average edged higher Thursday, helped by a post-earnings Disney rally and a key inflation reading showing slightly less year-over-year inflation growth than expected. In the last quarter, the Chinese tech giant also recorded its biggest annual increase in sales since the September 2021 quarter.

Persons: Dow Jones, pare, Alibaba Organizations: CNBC, of Labor Statistics, Federal Reserve, Dow Jones, Disney, Nasdaq, Semiconductor Manufacturing International Corp, Nvidia, Investors Locations: United States, China, U.S, Ukraine, Ukrainian, Russia

☆ Ukraine announces 'humanitarian corridor' for ships stuck in Black Sea ports
▼ + stars: | 2023-08-10 | by ( ) www.reuters.com time to read: +2 min

A grain ship carrying Ukrainian grain is seen in the Black Sea, amid Russia's attack on Ukraine, near Ukrainian port of Odesa, Ukraine November 2, 2022. At least initially, the corridor appears to apply to vessels such as container ships that have been stuck in Ukrainian ports since the Feb. 2022 invasion, and were not covered by the deal that opened the ports for grain shipments last year. "Today a new temporary humanitarian corridor has started to work," Oleh Chalyk, a spokesperson for Ukraine's navy, told Reuters by telephone. It said a risk remained from mines in the Black Sea and the military threat from Russia. Last month, Moscow quit the year-old Black Sea grain deal that had allowed Ukraine to safely export agricultural products, saying that a parallel deal to help ease Russia's own grain and fertiliser exports was not being implemented.

Persons: Serhii, Chalyk, Moscow, Olena, Tom Balmforth, Peter Graff Organizations: REUTERS, Reuters, International Maritime Organization, United Nations, Thomson Locations: Ukraine, Ukrainian, Odesa, Russia, Chornomorsk

☆ Ukraine war live updates: Ukraine announces temporary Black Sea corridor for civilian ships, warns of Russia threat
▼ + stars: | 2023-08-10 | by ( Jenni Reid | ) www.cnbc.com time to read: 1 min

Ukraine's navy on Thursday announced "temporary corridors for trading vessels" to and from Ukrainian ports, while warning of the continued risk of attack from Russia. Speaking to Reuters, navy spokesperson Oleh Chalyk said cameras would be placed on ships to broadcast footage showing the corridor "is purely a humanitarian mission and has no military purpose." According to the navy's statement, the routes will primarily be used to allow commercial vessels to exit Ukrainian ports. Russia has yet to officially comment on the announcement. Russia in July suspended the Black Sea Grain Initiative, which had facilitated a humanitarian corridor for the export of Ukrainian agricultural goods through the war.

Persons: Oleh Chalyk Organizations: Reuters, Initiative Locations: Ukrainian, Russia

☆ Russia destroyed Ukraine's 'last warship' in Black Sea missile attack, defense ministry said
▼ + stars: | 2023-06-02 | by ( Isobel Van Hagen | ) www.businessinsider.com time to read: +3 min

The Ukrainian Navy's "last warship" was destroyed, a Russian Defense Ministry spokesman said. The Yuriy Olefirenko was hit with "high-precision weapons" in the port of Odesa, Russia claimed. Russia said the Yuriy Olefirenko was hit on Monday with missiles, which Konashenkov called "high-precision weapons," per Reuters. Russia has rarely targeted the port after signing the UN-backed Black Sea Grain Initiative last year. Whichever side holds the piece of land can control ship traffic between the ports of Kherson and Mykolaiv and the Black Sea, per Forbes.

Persons: Yuriy Olefirenko, —, Igor Konashenkov, Konashenkov, Frederik Mertens, Mertens Organizations: Russian Defense Ministry, Ukrainian Navy, Service, Ukrainian, Russian Defence Ministry, UN, Forbes, Navy, Hague, Strategic Studies, Newsweek Locations: Odesa, Russia, Telegraph, Ukraine, Soviet, Kherson —, Dnipro, Kherson, Mykolaiv, Ukrainian

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