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    Home > Headlines > Russia attacks Ukraine's Black Sea ports and civilian ships, Kyiv says
    Headlines

    Russia attacks Ukraine's Black Sea ports and civilian ships, Kyiv says

    Published by Global Banking & Finance Review®

    Posted on December 30, 2025

    2 min read

    Last updated: January 20, 2026

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    Tags:International tradeforeign exchangefinancial marketsrisk management

    Quick Summary

    Russia attacked Ukraine's Black Sea ports with drones, targeting civilian ships and port infrastructure, threatening global food security.

    Russia Targets Ukraine's Black Sea Ports and Civilian Vessels

    KYIV, Dec 30 (Reuters) - Russia launched waves of drones to attack port infrastructure and civilian ships in Ukraine's Odesa region on Tuesday, Ukrainian navy and government officials said.

    Two Panama-flagged civilian vessels - Emmakris III and Captain Karam - were attacked by Russian drones as they entered a Ukrainian Black Sea port to load wheat, the Ukrainian navy said.

    Russian troops struck the Black Sea ports of Pivdennyi and Chornomorsk and oil storage tanks were also hit, Ukrainian Deputy Prime Minister Oleksiy Kuleba said.

    "This is yet another targeted attack by Russia on civilian port infrastructure. The enemy is trying to disrupt logistics and complicate shipping," he added.

    Despite the attacks, both ports continued to operate, he said.

    Odesa and the wider region nearby are home to the Black Sea ports that are crucial for Ukraine's foreign trade and the survival of its wartime economy.

    Ukraine is a major global producer and exporter of agricultural products. During nearly four years of the war, the role of Odesa and its two other ports of Pivdennyi and Chornomorsk as major trading hubs grew as other Ukrainian ports were destroyed, occupied or disrupted by Russia's forces.

    In the past several months, maritime warfare between Ukraine and Russia has intensified. Both sides have attacked naval and commercial assets in the Black Sea and beyond.

    Ukraine is increasingly using its sea drones for attacks on ships connected to Russia’s shadow fleet.

    Russia has stepped up its attacks on the city of Odesa and its port infrastructure.

    "Attacks on them threaten the lives of civilians and undermine global food security," Ukraine's Navy said. "Targeted strikes on civilian objects are a deliberate war crime."

    (Reporting by Olena Harmash; Editing by William Maclean and Andrew Heavens)

    Key Takeaways

    • •Russia launched drone attacks on Ukraine's Black Sea ports.
    • •Civilian ships Emmakris III and Captain Karam were targeted.
    • •Odesa's port infrastructure is crucial for Ukraine's economy.
    • •Maritime warfare between Ukraine and Russia is intensifying.
    • •Attacks threaten global food security, says Ukraine's Navy.

    Frequently Asked Questions about Russia attacks Ukraine's Black Sea ports and civilian ships, Kyiv says

    1What is foreign exchange?

    Foreign exchange, or forex, is the process of converting one currency into another. It is essential for international trade, allowing businesses to transact across borders.

    2What are financial markets?

    Financial markets are platforms where buyers and sellers engage in the trade of assets such as stocks, bonds, currencies, and derivatives. They play a crucial role in the economy by facilitating capital flow.

    3What is risk management?

    Risk management involves identifying, assessing, and prioritizing risks followed by coordinated efforts to minimize, monitor, and control the probability or impact of unforeseen events.

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