Vladimir Putin is being forced to scrap his most powerful warship, worth an estimated £750 million, because the cost of repairing it would be prohibitively expensive.
Warship valued at £750 million
The vessel, described as the world's largest operational nuclear-powered warship, has been a centrepiece of Russian naval power. Putin previously boasted that the huge warship has "virtually no equal in the world."
The decision to scrap the ship comes as the repair bill is deemed too high to justify the expense.
Impact on Russian naval capabilities
The scrapping of the warship represents a significant blow to Russia's military prestige and operational capacity. The move highlights financial constraints affecting the country's defence sector.
This is a breaking story and more details are expected to follow.
