A joint venture between Fincantieri and Leonardo has signed a contract with the European procurement agency OCCAR worth around €3.7 billion ($4.21 billion) to supply two new generation DDX destroyers for the Italian Navy.The contract is worth approximately €1.8 billion…
The U.S. intelligence community has quietly warned European nations that Russia may attempt an unexpected provocation: launching ship-based drones to intimidate and harass countries along the Mediterranean, a diplomat close to the matter has informed El Mundo. "They will use…
The cost of insuring an oil tanker loaded from Saudi Arabia's main Red Sea port has tripled in recent weeks, industry sources told Reuters, adding to the major crude producer's struggles to find a viable channel for its exports.Saudi Arabia…
The Norwegian Government has allocated NOK208 million ($21.9 million) to 11 port projects to improve logistics, port operations and maritime capacity. Managed by the Norwegian Coastal Administration on behalf of the Ministry of Trade, Industry and Fisheries, the funding is…
Ukraine’s State Border Guard Service and its Ports Authority are reporting that the master of a cargo ship was killed in an attack by Russia on September 23.
India’s Forward Seamen’s Union is calling on Prime Minister Narendra Modi and the government for more action as it reports that another Indian seafarer has been killed during an attack in the Strait of Hormuz.
