Russia Stole Ukraine’s Old Navy

Replacing the fleet won’t come cheap.

Russia Stole Ukraine’s Old Navy: Now Ukraine Needs a New One

On February 27, 2014, unidentified gunmen stormed the parliament building in Ukrainian Crimea, initiating a chain of events that culminated in Russia’s annexing the Crimea three weeks later. Along the way, Russian forces seized millions of dollars worth of Ukrainian military equipment based in Crimea, including the bulk of the Ukrainian navy.

While Russia says it has since repatriatedĀ many of Ukraine’s smaller vessels, what remains of the Ukrainian navy today is a pretty sad bunch of boats. Aside from a handful of corvettes and missile boatsĀ useful mostly for coastal patrol, Ukraine’s only significant warship is its flagship, the frigateĀ Hetman Sahaydachniy.

Ukraine wants to change that.

To continue reading, please click here.

Source: fool.com

Previous Article
Next Article

Events Calendar


« March 2021 »
Mo Tu We Th Fr Sa Su
1 2 3 4 5 6 7
8 9 10 11 12 13 14
15 16 17 18 19 20 21
22 23 24 25 26 27 28
29 30 31