Friday, February 27, 2026

Latest

Sweden Detains Ship After Baltic Cable Damage

Swedish authorities have detained a cargo ship suspected of damaging an undersea communications cable, prompting a criminal probe and highlighting NATO’s growing concerns about Baltic Sea infrastructure security.

Prosecutors ordered the Maltese-flagged Vezhen held at Karlskrona port while police, military and coast guard investigators examine damage to the data cable linking Sweden and Latvia.

The ship’s Bulgarian operator claims high winds forced an anchor drop that damaged the cable accidentally. Latvia’s military counters that its forces spotted three vessels near the incident site.

NATO launched its Baltic Sentry operation this month specifically to prevent such incidents after multiple cable attacks in 2024. The mission deploys warships, aircraft, and drones to monitor suspicious vessels, particularly what NATO chief Mark Rutte calls Russia’s “shadow fleet” — ships that transport embargoed oil under unclear ownership.

There is “reason for grave concern,” Rutte said, announcing plans to board and potentially seize suspect vessels.

Latvia’s state broadcaster LVRTC, which owns the damaged cable, reports service disruptions but says most users remain unaffected. Prime Minister Evika Silina pledged close coordination with Swedish and NATO officials.

Related: Finland Seizes Suspected Russian ‘Shadow Fleet’ Tanker After Cable Damage 


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

Can the World Actually Supply $6 Copper? | Greg Ferron – PTX Metals

1911 Gold: The Power Of A Mine Restart

Is Gold Repeating the 2005 Setup Before The Big Run? | Geordie Mark

Recommended

Advanced Gold Acquires Nevada Property With Historic Production At 1,611 g/t Silver

Steadright: Atrium Research Initiates Coverage With $0.50 Price Target

Related News

Sweden Wants To Lift Ban On Mining Uranium

The Swedish government has initiated an investigation into the potential lifting of its ban on...

Tuesday, February 27, 2024, 10:32:00 AM

Sweden, Finland Prepare Liquidity Stimulus For Energy Producers

In response to Russia’s move to keep the Nord Stream 1 pipeline closed, Swedish Prime...

Monday, September 5, 2022, 11:12:00 AM

Turkey OKs Sweden’s NATO Membership, What’s Next?

Sweden has moved a step closer to joining NATO, as the Turkish parliament’s foreign affairs...

Thursday, December 28, 2023, 06:45:00 AM

No Government Bailout for Northvolt, Says Swedish Prime Minister

Northvolt will need to figure its future out on its own, it appears. Swedish Prime...

Tuesday, September 17, 2024, 08:00:09 AM

Sweden Unveils Plan to Adopt E-Krona as Idea of Cashless Societies Gains Momentum

It appears that the idea of cashless societies is beginning to gain momentum, with Swedish...

Sunday, December 20, 2020, 03:31:00 PM