PWC News
Saturday, January 31, 2026
No Result
View All Result
  • Home
  • Business
  • Economy
  • ESG Business
  • Markets
  • Investing
  • Energy
  • Cryptocurrency
  • Market Analysis
  • Home
  • Business
  • Economy
  • ESG Business
  • Markets
  • Investing
  • Energy
  • Cryptocurrency
  • Market Analysis
No Result
View All Result
PWC News
No Result
View All Result

Russian cargo ship sinks in the Mediterranean Sea

Home Economy
Share on FacebookShare on Twitter


Unlock the Editor’s Digest free of charge

Roula Khalaf, Editor of the FT, selects her favorite tales on this weekly e-newsletter.

A Russian cargo vessel operated by the Ministry of Defence’s logistics fleet sank on Tuesday in worldwide waters between Spain and Algeria whereas en route from St Petersburg to Vladivostok.

The ship, known as Ursa Main, sank following an explosion in its engine room. Two crew members stay lacking, whereas 14 others have been rescued and brought to the Spanish port of Cartagena, Russia’s overseas ministry mentioned.

At 142 metres lengthy — roughly one-and-a-half soccer pitches — Ursa Main was the most important ship operated by Oboronlogistika, a logistics arm of the Russian navy, and had a cargo capability of as much as 1,200 tonnes.

The defence ministry’s Major Intelligence Directorate (GRU) mentioned that the vessel had beforehand transported cargo between Russia and Iran within the Caspian Sea earlier than being reassigned to routes linked to Syria.

The vessel was transporting cranes and tools for icebreakers to Vladivostok as a part of a “state mission” to develop the Northern Sea Route, in response to info on Oboronlogistika’s web site.

Moscow has in recent times championed the Northern Sea Route as a sooner different to the Suez Canal for delivery to China, Russia’s largest buying and selling companion, on whom it has more and more relied within the face of western sanctions.

The route lies completely inside Arctic waters however has develop into extra navigable throughout summer season months as a result of warming local weather.

A regular journey from the northern Russian port of Primorsk to China by way of the Suez Canal takes 45 days, whereas the Northern Sea Route reduces this to 35 days.



Source link

Tags: cargoMediterraneanRussianSeaShipSinks
Previous Post

Rose-Colored Glasses Hide All The Red Flags: Advice From The S&R Forrester Women’s Leadership Program

Next Post

The Mad Fientist’s New Rule To Retire Early Even Sooner

Related Posts

‘Either Incompetent or crook’: Trump blasts Fed chair Powell as DOJ investigation question looms
Economy

‘Either Incompetent or crook’: Trump blasts Fed chair Powell as DOJ investigation question looms

January 30, 2026
‘Washington Post’ journalists plea to Bezos: Don’t gut our newsroom
Economy

‘Washington Post’ journalists plea to Bezos: Don’t gut our newsroom

January 31, 2026
Sri Lanka Central Bank chief warns of high yielding plantation investments | EconomyNext
Economy

Sri Lanka Central Bank chief warns of high yielding plantation investments | EconomyNext

January 31, 2026
Labour minister hits back at Trump’s criticism of China trade
Economy

Labour minister hits back at Trump’s criticism of China trade

January 30, 2026
Walmart directly debunks Trump’s ‘wildly inaccurate’ claim
Economy

Walmart directly debunks Trump’s ‘wildly inaccurate’ claim

January 30, 2026
Posthaste: Miserable about food prices? There's a good reason for that
Economy

Posthaste: Miserable about food prices? There's a good reason for that

January 30, 2026
Next Post
The Mad Fientist’s New Rule To Retire Early Even Sooner

The Mad Fientist’s New Rule To Retire Early Even Sooner

Mt. Gox has shifted 4 million in Bitcoin to B2C2 this month

Mt. Gox has shifted $364 million in Bitcoin to B2C2 this month

2024: Our List of Top Currencies, Commodities and Cryptocurrencies | Investing.com

2024: Our List of Top Currencies, Commodities and Cryptocurrencies | Investing.com

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

RECOMMENDED

JELD-WEN Holding: More Pain Is On The Horizon (Downgrade) (NYSE:JELD)
Business

JELD-WEN Holding: More Pain Is On The Horizon (Downgrade) (NYSE:JELD)

by PWC
January 26, 2026
0

This text was written byComply withDaniel is an avid and energetic skilled investor. He runs Crude Worth Insights, a...

Analyst Says You’re Not Bullish Enough On Ethereum – What Does He Mean?

Analyst Says You’re Not Bullish Enough On Ethereum – What Does He Mean?

January 25, 2026
Fourth graders ask whether kids or adults have it better as part of NPR challenge

Fourth graders ask whether kids or adults have it better as part of NPR challenge

January 28, 2026
Cultured Meat Market: Alternative Protein Trends and Growth Outlook

Cultured Meat Market: Alternative Protein Trends and Growth Outlook

January 27, 2026
Bomb Cyclone set to batter parts of US east coast this weekend

Bomb Cyclone set to batter parts of US east coast this weekend

January 29, 2026
Five years after the GameStop mania, retail investors have become a force Wall Street can’t ignore

Five years after the GameStop mania, retail investors have become a force Wall Street can’t ignore

January 27, 2026
PWC News

Copyright © 2024 PWC.

Your Trusted Source for ESG, Corporate, and Financial Insights

  • About Us
  • Advertise with Us
  • Disclaimer
  • Privacy Policy
  • DMCA
  • Cookie Privacy Policy
  • Terms and Conditions
  • Contact Us

Follow Us

No Result
View All Result
  • Home
  • Business
  • Economy
  • ESG Business
  • Markets
  • Investing
  • Energy
  • Cryptocurrency
  • Market Analysis

Copyright © 2024 PWC.