Russia and Ukraine will enter an agreement to regulate the overhaul of Russia’s Black Sea Fleet, Russian Defence Minister Anatoly Serdyukov has said.

“This new document will allow the Black Sea Fleet to maintain the number of personnel and weaponry at the levels stipulated in the 1997 Russian-Ukrainian accords on the Black Sea Fleet,” he said.

Russian Navy commander Admiral Vladimir Vysotsky said the fleet would be strengthened with 15 new combat ships and diesel-electric submarines by 2020.

The Black Sea Fleet currently has 40 operational vessels, including a single diesel-electric submarine, most of them slated for decommissioning, according to RIA Novosti.

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.

The fleet is currently stationed in the port of Sevastopol in Ukraine under a lease agreement that has been further extended for 25 years.

Russia has plans to bring its aging Soviet-era fleet up to modern standards as part of the modernisation of its armed forces.