UK to provide $155 million for maritime coalition for Ukraine

23.10.2024

The United Kingdom will allocate an additional £120 million (approximately $155 million) for a maritime coalition for Ukraine.

This was reported on the British government’s website, Babel reports.

As noted, the new funding is being allocated against the backdrop of intensified Russian attacks on Ukrainian port infrastructure in the Black Sea. Over the past three months, Russians have attacked ports, civilian vessels, and grain storage facilities in southern Ukraine almost 60 times. As a result, 79 people have been injured, including port workers, logistics companies, and ship crews, and the price of ship insurance is rising.

It is also worth noting that the UK is looking for partners to co-finance the supply of “hundreds” more maritime drones and surveillance radars to protect the Ukrainian grain corridor. In addition, the UK and Norway are jointly seeking approximately $130 million to co-finance the coalition.

Within the framework of the maritime coalition, Ukraine has already received dozens of amphibious all-terrain vehicles and raiding boats, hundreds of anti-ship missiles, and hundreds of thousands of rounds of ammunition.

Author: The Ukrainian Review Team | View all publications by the author