Saturday, August 23, 2025

Underwater Cable Damage by Chinese Ship ‘Extremely Unlikely’ to be Coincidence

A Chinese commercial vessel suspected of deliberately cutting undersea data cables in the Baltic Sea remains surrounded by Danish, German and Swedish warships, as European investigators probe possible Russian intelligence involvement in what they view as a sabotage operation.

The Yi Peng 3, which departed the Russian port of Ust-Luga on November 15 loaded with fertilizer, is believed to have severed two critical cables by dragging its anchor for 111 miles through Swedish waters on November 17-18, according to a report from the Wall Street Journal

CHINESE BULK CARRIER SUSPECTED OF DELIBERATELY SEVERING BALTIC DATA CABLES, SAY INVESTIGATOR, OFFICIALS — WSJYI PENG 3 DRAGGED ANCHOR FOR OVER 100 MILES, CUT INTERNET LINKS, SAY INVESTIGATOR, OFFICIALS — WSJ

*Walter Bloomberg (@deitaone.bsky.social) 2024-11-27T14:52:37.911Z

The incident, damaging connections between Sweden-Lithuania and Germany-Finland, has prompted Swedish authorities to open a sabotage investigation.

“It’s extremely unlikely that the captain would not have noticed that his ship dropped and dragged its anchor, losing speed for hours and cutting cables on the way,” a senior European investigator said. Investigators later found damage to the vessel’s anchor and hull consistent with cable severing.

The 225-meter bulk carrier’s movements raised multiple red flags. Its transponder shut down during what maritime officials call a “dark incident,” and the ship made unusual zigzag maneuvers after the second cable cut. Analysis by shipping data firm Kpler noted that accidental anchor dragging was unlikely given mild weather conditions.

The vessel’s Chinese owner, Ningbo Yipeng Shipping, is cooperating with authorities but declined to comment. The crew, including a Chinese captain and a Russian sailor, has not been questioned.

The Kremlin called the accusations “absurd and unsubstantiated,” while China’s Foreign Ministry expressed support for maintaining international submarine cable security “in accordance with international law.”

The case echoes an October 2022 incident where another Chinese-registered vessel, Newnew Polar Bear, cut a gas pipeline and telecommunication cable between Finland and Estonia.

The Yi Peng 3’s operational pattern changed significantly this year. After operating exclusively in Chinese waters from December 2019 through early March 2024, the vessel began carrying Russian cargo and making calls at Russian ports.

The Sweden-Lithuania cable was repaired on November 28, according to its operator Arelion.


Information for this story was found via The Wall Street Journal, and 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

A Medical Breakthrough the Market Overlooked | David Elsley – Cardiol Therapeutics

Why Grade Beats Size in Silver Mining | Frank Basa – Nord Precious Metals

Are Investors Missing the Start of the Next Commodity Supercycle? | Morgan Lekstrom – NexMetals

Recommended

Emerita Resources Expands El Cura Drill Program By 10,000 Metres As Deposit Remains Open For Expansion

ESGold Signs MOU For Tailings Project In Colombia With Grades Up To 42 g/t Gold, 280 g/t Silver

Related News

Russian Central Bank Revokes Qiwi Bank’s License Following Violations and ‘High-Risk’ Operations

Russia’s central bank announced on Wednesday that it has revoked the banking license of Qiwi...

Thursday, February 22, 2024, 03:06:00 PM

UK Leader Offers Troops for Ukraine Peace Deal

Britain will put boots on the ground in Ukraine to help secure peace once the...

Monday, February 17, 2025, 11:35:00 AM

Major Russian Bank Set to Launch its own Stablecoin in 2021

A number of central banks around the world have been mulling the use of digital...

Monday, January 25, 2021, 11:51:00 AM

Toncoin Plummets Amid Pavel Durov’s Arrest and TON Blockchain Shutdown

The past week has been tumultuous for Telegram’s blockchain ecosystem, with a series of events...

Sunday, September 1, 2024, 07:45:00 AM

Is the Dollar Losing its Dominance? Russia Resorts to Yuan Bond Sales to Raise Capital

The West’s choking sanctions against Russia have prompted the former Soviet country to explore alternative...

Tuesday, August 9, 2022, 09:49:00 AM