Mediterranean Blast Claims Russian Vessel, Two Sailors Missing

A Russian cargo vessel sank in the Mediterranean on Monday following what its owner claims were deliberate explosions days earlier, according to Russian state news agency RIA on Wednesday.

The Ursa Major experienced three consecutive explosions on its starboard side at 1350 Moscow time (1050 GMT) on December 23, according to Oboronlogistika, a subsidiary of Russia’s Defense Ministry. The company, speaking through RIA, characterized the incident as “an act of terrorism.”

Spain’s Maritime Rescue Service responded to a distress signal on Monday when the vessel was approximately 57 miles off the coast of Almeira. Spanish authorities dispatched two vessels and a helicopter, successfully evacuating 14 crew members to the port of Cartagena. Two sailors remain missing following an explosion in the ship’s engine room.

The 14-year-old vessel, built in 2009, was carrying specific industrial cargo: two giant port cranes with loading buckets, hatch covers for ice-breaking vessels, 129 empty containers, and a 20-foot container of roofing equipment. Oboronlogistika emphasized the ship was not overloaded at the time of the incident.

Maritime tracking data shows the Ursa Major departed St. Petersburg on December 11, bound for Vladivostok in Russia’s Far East. The vessel’s final signal was recorded at 2204 GMT on Monday between Algeria and Spain, before it sank.

Both the vessel and its operators, Oboronlogistika and SK-Yug, have operated under U.S. sanctions since 2022 due to their military connections. Neither company provided additional comment on the sinking.

Russia’s Foreign Ministry confirmed the incident on Tuesday, attributing the sinking to an explosion in the engine room. While the ship had previously called at Syria’s Tartus port, its declared destination for this voyage was Vladivostok.


Information for this story was found via the sources and companies mentioned. The author has no securities or affiliations related to the organizations discussed. Not a recommendation to buy or sell. Always do additional research and consult a professional before purchasing a security. The author holds no licenses.

Video Articles

First Majestic Q1 Earnings: A Bang Up Quarter

Copper’s Structural Shortage May Be Here to Stay | Colin Joudrie – Selkirk Copper

Why Barrick’s “Strong” Quarter Wasn’t So Strong | Q1 2026 Earnings

Recommended

Questcorp Wraps Expanded Drone Survey at La Union as Summer Drilling Approaches

Altamira Gold Extends Maria Bonita Footprint with 110 Metre Step-Out

Related News

Russia Offers 40% Discount on LNG to South Asia Amid Global Supply Crunch

Russia is capitalizing on a global natural gas supply shortage by offering shipments from its...

Thursday, April 9, 2026, 09:25:04 AM

Who Will End Up Paying For Germany’s Gas Once Russian Taps Close?

Underlying Germany’s draft law that would essentially allow the government to bail out ailing energy...

Thursday, July 7, 2022, 10:06:00 AM

Spain Pushes Investigation On How Russia Could Have Influenced Catalonian Independence

The Spanish judge overseeing the investigation into Russian interference in the Catalonian independence process has...

Thursday, February 1, 2024, 06:47:00 AM

Crude Oil Prices Could Reach US$380 Per Barrel Following Russia’s Potential Total Shutoff – Analysts

Oil prices could reach as high as US$380 per barrel should the sanctions war continue,...

Monday, July 4, 2022, 11:41:00 AM

Magnitude 7.8 Earthquake Strikes Russia’s Kamchatka Peninsula, Triggers Brief Tsunami Advisory

A powerful magnitude 7.8 earthquake struck off the east coast of Russia’s remote Kamchatka Peninsula...

Friday, September 19, 2025, 12:12:00 PM