The Russian Navy has suffered severely since the dissolution of the Soviet Union due to insufficient maintenance, lack of funding and thereby training of personnel and timely replacement of equipment. Another setback is attributed to Russia's domestic shipbuilding industry which is reported to have been in decline as to their capabilities of constructing contemporary hardware efficiently. Some analysts even say that because of this Russia's naval capabilities have been facing a slow but certain "irreversible collapse".
[4][5] But other analysts say that because of the recent rise in mineral prices have enabled a sort of 'Renaissance of the Russian Navy' due to increased available funds, allowing Russia to begin 'developing the capacity to once again become a maritime threat to Western naval power'.
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