The Russian Navy submarine Kursk explodes and sinks in the Barents Sea during a military exercise, killing her entire 118-man crew.
K-141 Kursk (Russian: « ( «), transl. Atomnaya Podvodnaya Lodka "Kursk" (APL "Kursk"), meaning "Atomic-powered submarine Kursk") was an Oscar II-class nuclear-powered cruise missile submarine of the Russian Navy.
On 12 August 2000, K-141 Kursk was lost when it sank in the Barents Sea, killing all 118 personnel on board.
The Russian Navy (Russian: Военно-морской флот [ВМФ], romanized: Voyenno-morskoi flot [VMF], lit. '"Military Maritime Fleet"') is the naval arm of the Russian Armed Forces. It has existed in various forms since 1696, the present iteration of which was formed in January 1992 when it succeeded the Navy of the Commonwealth of Independent States (which had itself succeeded the Soviet Navy following the dissolution of the Soviet Union in late December 1991).
The first iteration of the Russian Navy was established by Peter the Great (Peter I) in October 1696. Ascribed to him is the oft quoted statement: "A ruler that has but an army has one hand, but he who has a navy has both." The symbols of the Russian Navy, the St. Andrew's ensign (seen to the right), and most of its traditions were established personally by Peter I.
The Russian Navy possesses the vast majority of the former Soviet naval forces, and currently comprises the Northern Fleet, the Pacific Fleet, the Black Sea Fleet, the Baltic Fleet, the Caspian Flotilla, 5th Operational Squadron in Middle East, Naval Aviation, and the Coastal Troops (consisting of the Naval Infantry and the Coastal Missile and Artillery Troops).
The Russian Navy suffered severely with the collapse off the Soviet Union due to insufficient maintenance, lack of funding and subsequent effects on the training of personnel and timely replacement of equipment. Another setback was attributed to Russia's domestic shipbuilding industry which was in decline due the absence of contemporary hardware and technology. Some analysts even argued that because of this Russia's naval capabilities faced a slow but certain "irreversible collapse".In 2013, the rise in gas and oil prices has enabled a sort of renaissance of the Russian Navy due to increased available funds, which may have allowed Russia to begin "developing the capacity to modernize". In August 2014, Defence Minister Sergei Shoigu said that Russian naval capabilities would be bolstered with new weapons and equipment within the next six years in response to NATO deployments in eastern Europe and recent developments in Ukraine. Total tonnage for Russian Navy as of 2019 is 1,216,547 tonnes.