Fincantieri on Thursday pledged to double its core profit to €1.25 billion ($1.49 billion) in 2030 under a new defence-centred multi-year strategy that will also double its shipyard production capacity in Italy and expand its underwater business. Rising demand from the defence sector as Europe steps up military spending, with new contracts coming in already […]

This agreement follows existing work between the two firms on the anti-torpedo torpedo, which is expected to enter the market in 2029. TKMS has already secured a contract for the design engineering of a final assembly facility for this technology at the Rockwood plant. Michael Ozegowski, Executive Vice President at TKMS unit Atlas Elektronik remarked […]

[By Compass Logistics & Marine (CLM)] Compass Logistics & Marine (CLM), a U.S.-based international freight forwarder and licensed customs broker, is pleased to announce the appointment of Lina Trujillo as Business Development & Partnerships Manager, effective January 13, 2026. With nearly two decades of global logistics experience across the United Kingdom, United States, and Latin […]

US Defense Secretary Pete Hegseth issued a censure letter on January 5, asserting that Kelly had, “clearly intended to undermine good order and military discipline,” in violation of military rules that apply to both active and retired personnel. Trump administration lawyers had urged the judge to dismiss Kelly’s lawsuit, calling it a, “quintessential matter of […]

U.S. Southern Command is confirming media reports that a U.S. Navy destroyer and a USNS supply vessel collided during a replenishment-at-sea maneuver. It said two personnel reported minor injuries but did not say if they were from the destroyer or the supply ship. The Wall Street Journal broke the story on Wednesday, February 11. The […]

Local residents and government civil defence teams are still searching for the six remaining occupants. Local medical group Sudan Doctors Network (SDN) said in a statement that the tragedy has revealed, “the fragility of river transport and the absence of basic safety requirements,” while the, “complete absence of local authorities and civil defence rescue teams […]

The modular design allows the integration of different sensors and systems for tasks ranging from hydrographic mapping to wreck searches. Intermarine noted the USV will operate across the full spectrum of underwater operations including intelligence and minehunting. Chief Executive Officer of Intermarine Livio Corghi said the company is combining experience in the underwater sector with […]

France will aim to have 15 gigawatts of installed offshore wind capacity in 2035, down from 18 GW the government had signalled last year, Les Echos reported. The target for total installed onshore wind capacity by 2035 will be 35 GW to 40 GW, according to Les Echosdown from the 45 GW communicated last year. […]

Start-up costs associated with the Reach Remote concept were cited by the company as another factor for the softer results. Chief Executive Officer Jostein Alendal stated, “We are not satisfied with the results of this quarter, nor the second half of 2025.” Alendal explained that while the figures reflect a market slowdown, the firm is […]

Bollinger Shipyards, which has been contracted to build four ASCs, said earlier that the MPI is the optimal design to meet US Coast Guard requirements as it exceeds all ASC requirements and supports all eleven of the vessels’ statutory missions. Delivery of the first ASC is expected in early 2028. The ASCs will serve as […]