Danish conglomerate A.P Moller-Maersk said Tuesday two international infrastructure investors have agreed to buy 100% of the Danish company ESVAGT from Maersk Group and ESE-Holding A/S. The sale amounts to a value of 4.1 billion Danish kroner equaling to approximately USD $610 million…
Prime Minister Tony Abbott has assured South Australians there will be more submarine jobs here even if he won’t commit to having a new fleet of vessels built there, as Liberal MPs fear voter backlash if the contract for Australia’s next-generation fleet goes to Japan…
Russia is expected to finish the construction of a submarine base on the Kamchatka Peninsula by the end of October. 'Upgrades to the Russian Navy’s ballistic nuclear missile submarine (SSBN) base in the Pacific could be completed by October…
Fincantieri has been awarded the contract with the Bangladesh Coast Guard (BCG) for the supply of four Italian Navy “Minerva” class corvettes to be upgraded and converted into Offshore Patrol Vessels (OPVs), and to provide the related logistics support services…
WOC Sustainable Ocean Summit (Singapore, 9-11 November 2015) Will Enable Industry to Organize its Input to this Major New Ocean Treaty DevelopmentThe U.N. General Assembly (UNGA) last week adopted a formal resolution to develop a legally…
The Swedish Defence Materiel Administration (FMV) has awarded contracts worth Skr8.6bn ($1.03bn) to Saab AB for the construction of two new Type A26 submarines and a mid-life upgrade for two Gotland-class submarines. Work on the two A26s is to be completed by 2024…
Aspida is the first PMSC to be permanently approved by CNAPS to provide armed guards onboard French flagged vessels. Maritime security firm Aspida informs that as of June 12, 2015 it has become the first private maritime security company…
ESC Global Security has called for the Mediterranean to be classed a maritime High Risk Area in the wake of the terrorist atrocities in Tunisia and Europe’s escalating migration crisis. “There is a reasonable doubt that some refugees from these areas will be a threat to European security…
Sailors’ Society launches Crisis Response Center to support seafarers affected by piracy; Durban-based facility will provide 24-hour rapid response and trauma counseling for survivors of piracy attacks and other disasters at sea International…
The perception that Indian Ocean is India's 'backyard' may result in clashes, Chinese military officials and experts have cautioned. The Indian Ocean cannot be a backyard of India which navies of other countries could not visit, according the Chinese ministry of defence said…
China has again deployed the Haiyang Shiyou 981, a semi-submersible oil platform which caused a standoff between Chinese and Vietnamese vessels last year, to the disputed South China Sea region, reports local media. China has brought the…
The intervention of China in the Arabian Sea is increasing with each passing day. China's deadliest attack submarine crept past Indian waters and docked in Karachi. China had made similar visits to Colombo over the last one year, sparking further concerns in the Indian security establishment…
In pursuit of India’s ‘Look East’ and ‘Act East’ policy, the Indian Navy’s Eastern Fleet ships under the command of Rear Admiral Ajendra Bahadur Singh, VSM, Flag Officer Commanding Eastern Fleet (FOCEF), are on a two month long operational deployment to South East Asia and Southern Indian Ocean…
Germany is hopeful in bagging multi-billion-dollar Indian submarine project for building six conventional submarines, says a PTI report. German Ambassador to India Michael Steiner said the P-75(I) project was under discussion and that the…
The Royal Australian Navy Adelaide class frigate, HMAS Melbourne, has successfully fired two Evolved Sea Sparrow Missiles, reinforcing her war-fighting and mariner skills. The missile firings were conducted off the coast of New South…