Norway seizes Russian ship to enforce $4.2 billion claim by Ukrainian energy firm
Ukraine War,Russia,Ukraine,Norway,NATO,Europe,Eastern Europe,Water And Oceans,International Shipping
From the Center
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Norway has seized a Russian ship in the Arctic to enforce a $4.22 billion compensation claim won by Ukrainian energy firm Naftogaz over Moscow's seizure of its assets when Russia annexed Crimea in 2014, officials said late on Wednesday.
The vessel, the Professor Molchanov, was seized off the Norwegian Arctic archipelago of Svalbard after a 24-hour standoff with the Norwegian Coast Guard, according to Covington, the U.S. law firm representing Naftogaz.
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