Thailand Buying 3 Chinese Subs

June 26, 2015

 Thailand plans to buy three Chinese-made submarines for the Royal Thai Navy at a cost of 355 million dollars each. 

 
Three Chinese-made submarines worth 355 million dollars each may be purchased by Thailand for its Royal Navy, the newspaper Bangkok Post reported today (Friday), citing a source in the country's procurement committee. 
 
The majority of the 17-strong committee voted to buy three Chinese submarines, saying it was the “best value for money”. The rest were split between submarines from Germany and South Korea. The navy also received offers from Russia, Sweden and France.
 
According to the source, the committee voted to buy the Chinese submarines because they are "equipped with superior weaponry and technology and are also able to stay underwater longer." 
 
Deputy Prime Minister and Defence Minister Prawit Wongsuwon backs the submarine project, citing a growing territorial threat and an increasing number of maritime missions. He said many neighbouring countries are also deploying submarines.
 
General Prawit said he would forward to the cabinet the navy’s submarine procurement decision once it becomes available.
 

Logistics News

ASEAN Looks to Deepen Trade Ties with China

ASEAN Looks to Deepen Trade Ties with China

UK’s First Electric Shipping Routes Set to Slash Irish Sea Emissions

UK’s First Electric Shipping Routes Set to Slash Irish Sea Emissions

Port of Sunderland Selects PicoMB Multibeam Technology for Port Surveys

Port of Sunderland Selects PicoMB Multibeam Technology for Port Surveys

Puerto Rico Inks LNG Contract with New Fortress Energy

Puerto Rico Inks LNG Contract with New Fortress Energy

Subscribe for Maritime Logistics Professional E‑News

Italian island Pantelleria plans to rename its airport in honour of Giorgio Armani
US lawmakers ask Trump to reinstate the delay compensation program for air travelers
Oil prices remain stable as markets wait for Fed rate decision