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Ex-UK Royal Navy survey ship sold to Bangladesh
The UK Government and the Bangladesh Navy have entered into a government‑to‑government sales agreement for the former HMS Enterprisean Echo‑class hydrographic and oceanographic survey vessel. The vessel, known for its service in survey operations, humanitarian support, and disaster‑response missions, will now help strengthen Bangladesh’s maritime security and regional stability efforts, the UK Ministry of Defence […]
Seatrium unit launches arbitration against Petrobras Netherlands
Under the terms of that settlement, the Dutch company agreed to pay a close-out sum of $152.3 million. A portion of this total, amounting to $55.7 million, was withheld pending a final decision from the Brazilian court, the company stated. The court issued its final decision regarding the P-54 contract in November 2023. Seatrium asserted […]
Estonia warns of Russian drone warfare as Moscow rebuilds forces
Russia has no intention of launching a military attack on any NATO state this year or next, but is racing to rebuild its forces as Europe steps up its rearmament, Estonia’s foreign intelligence service said in its annual report on Tuesday. The NATO member, which borders Russia, has been one of Moscow’s sharpest critics and […]
Adani Enterprises says US agency probing Iran-linked transactions
Adani Enterprises said on Tuesday that a US agency is conducting a civil investigation into the company’s transactions that may have involved Iran or parties subject to US sanctions. The flagship firm of billionaire Gautam Adani-led group said it received a request for information from the US Treasury’s Office of Foreign Assets Control (OFAC) on […]
Malfunctioning ferry crashes into gondolas in Venice’s Grand Canal
Only one of the two gondolas that were struck had people on board. This boat tipped to one side after being hit, causing eight passengers and the lone boatman to fall overboard. All nine people who ended up in the water were later rescued by responding firefighters. No serious injuries have been reported, though some […]
BP posts in-line quarterly profit, halts buybacks after $4b writedown
BP returns to oil and gas A year ago under then-CEO Murray Auchincloss, BP announced a strategy reset back to hydrocarbons, saying the move would improve profitability after an ill-fated foray into renewables by his predecessor Bernard Looney. Auchincloss exited abruptly in December, leaving trading chief Carol Howle in charge on an interim basis until […]
Philippine envoy urges de-escalation with China
The Philippines’ ambassador to the United States on Tuesday underscored the need to “cool” the temperature with China, after both sides signalled their willingness to set aside tensions in the South China Sea and explore areas of economic cooperation. Ambassador Jose Manuel Romualdez said Manila’s relationship with Beijing should not be defined solely by maritime […]
New torpedoes to be supplied to Royal Saudi Naval Forces
Fincantieri, through its subsidiary WASS Submarine Systems, has secured an order from the Ministry of Defense of Saudi Arabia for the supply of new MU90 lightweight torpedoes. The contract has a total value in excess of €200 million (US$240 million). Deliveries are scheduled to take place between 2029 and 2030. The MU90 torpedo is already […]
New workboat harbour now operational in Tuvalu
The Australian Government, through the Australian Infrastructure Financing Facility for the Pacific, co-financed the Niutao and Nui Island Boat Harbours. Four boat harbour projects have now been completed under the OIMIP, thus ensuring improved maritime connectivity across Tuvalu’s outer islands. The newly built Niutao Harbour boasts an excavated sea access channel and turning basin through […]
Keel laid for US Army Corps of Engineers’ newest dredger
The dredger honours the late Ray Donnelly, who retired as Chief of Resource Management for the USACE Philadelphia District in 2020. Upon completion, Donnelly will have a length of 320 feet (98 metres), a beam of 72 feet (22 metres), a depth of 28 feet (8.5 metres), a maximum draught of 25.5 feet (7.8 metres), […]