Ukraine Confiscates Russian Cargo Ships

 


Officials in Kiev have handed over nine vessels belonging to Russians to a Ukrainian company, they announced on Saturday.

The ships entered Ukrainian ports in late 2021 and early 2022 and, according to the agency, were transporting cargo. They were then “arrested” and transferred to ARMA, a government agency for the search and management of assets.

“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.

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