South Ukraine News

Russia's lead warship in the Black Sea sank on Thursday, Russia's defense ministry announced, after what Ukraine said was a missile strike and Russia described as an explosion of ammunition on board.The loss of the Moskva, the flagship in Russia's Black Sea fleet, occurred as it was being towed to port in stormy weather, Russian news agencies quoted the defense ministry as saying. The sinking was a fresh blow to Moscow's military campaign as it readied for new assaults in east…

Ukraine is serious about reviving and further development of its ship-building industry in Mykolaiv region (South Ukraine - Ed.). This is the theme of the visit of the Ukrainian President Viktor Yanukovych to Chernomorsky Shipyard in Mykolaiv, where he participated in laying the keel of the corvette class ship for the Naval Force ofUkraine. During the visit the President commended the ship-building employees for their patience and faith. "I am confident that together we will create with you all the motivation for the development of shipbuilding," said the Ukrainian leader. This will be the third ship of corvette class that Ukraine will build since its independence.