All 12 crew were evacuated after a Turkish cargoship suffered a hull breach in the Black Sea.
The 3,300-dwt Berg (built 1974) had asked for help early on Wednesday morning 16 miles off the Crimean coast, the RIA Novosti news agency reported.
A rescue vessel took eight Ukrainians and four Azeris off the vessel, while a tug brought it into the port of Feodosia.
A survey of the hull was planned.
It has suffered water ingress in the hold and has a list to starboard, the report cited the emergency ministry of Crimea as saying.
The vessel is listed as operated by Efem Gemi Kiralama Ve Deniz of Istanbul.