Ukraine confiscates Russian cargo ships ...News

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Ukraine confiscates Russian cargo ships
The move follows an EU decision to explore the possibility of using frozen Russian assets to benefit Kiev Kiev has handed over nine vessels belonging to Russia to a Ukrainian company, the country’s authorities announced on Saturday. “The income received from managing the vessels will go to the state budget of Ukraine. The total cost of the ships is over UAH 532 million (nearly $14.5 million),” the Prosecutor General’s Office said in a message on its Telegram channel. The ships entered Ukrainian ports in late 2021 and early 2022 and, according to the agency, were transporting cargo. They were then “arrested” and tr

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