Norway seizes Russian vessel over Ukraine's $4.22 billion claim

In Svalbard, Norway, authorities seized the Russian vessel Professor Molchanov on September 2, 2026. This action was taken at the request of Ukraine's Naftogaz, which is seeking to enforce a $4.22 billion arbitration award related to assets unlawfully appropriated by Russia during its 2014 annexation of Crimea. The seizure follows a court order and is part of a broader effort to recover Ukrainian assets.