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How Russia Will Struggle to Keep Its Shipbuilders Afloat

Jan 20, 2016 | 09:15 GMT
Russian President Vladimir Putin attends a naval ceremony in the Kaliningrad region on July 26, 2015.
(MIKHAIL KLIMENTYEV/AFP/Getty Images)

Ships, shipbuilding and access to the sea define Russia and the influence it can exert. Since the 17th century, Russia’s shipyard industry has been in a perpetual state of flux as the country seeks access to water outlets through military conquest. The country's ability to secure and modernize warm water...

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