The Initiative for the Study of Russian Piracy (ISRP) and Russia Theft Watch released their flagship report exposing the magnitude and potential impact of Russia’s looting and transshipment of Ukrainian assets, namely grain and steel. The report identifies nearly 147 discreet incidents of theft and estimates a constantly growing total of more than 1.1 million metric tonnes of wheat, corn, and barley has been shipped. ISRP has also found that Russia has taken more than 11,000 metric tonnes of Ukrainian metal products, largely from the Azovstal Iron and Steel Works plants which had been under siege in Mariupol, with a total value in the hundreds of millions of dollars. They found another 28,000 metric tonnes of steel products loaded onto ships, and nearly 200,000 metric tonnes of metal at the port that can be stolen by Russia at any moment. The illegal activity has sparked fears of an engineered famine and the resulting economic impact is already being felt worldwide.
ISRP will continue to track instances of Russian theft and will provide updates as well as subsequent reports and new data.
Facts and Figures
Check out the staggering data, facts, and figures from ISRP and Russia Theft Watch’s flagship report. These numbers are increasing daily as the systematic looting and transshipment of Ukrainian assets continues.
From the Report
The theft and destruction of hundreds of thousands of tons of grain and other agricultural products will only add to the casualties of this war and spill over to the many countries that rely on Ukrainian grain.
The theft of Ukrainian steel will provide Russia with the means to maintain its troops, weapons and supplies and prolong the war either directly or through the sale, along with the the stolen grain, to other states or private actors.
The brazen nature of its crimes makes it clear that Russia has no intent to make the owners of the stolen resources whole and showcases the characteristic depravity of Russia’s aggression toward Ukraine.