Batavia Arrives at Damen Shiprepair Amsterdam for Preservation Project
[By: Damen Shipyards Group] On 19 September, the Batavia – a 56-metre replica of the original 17th-century vessel of the same name, arrived at Damen Shiprepair Amsterdam (DSAm).
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Russia Seeks $2.35B From Exporters to Build Arctic Icebreakers
Russia plans to raise more than RUB200 billion ($2.35 billion) from exporters to finance the construction of icebreakers for its Arctic sea route, according to a draft government decree published this week.Russia is seeking additional sources to finance the development…
Yanbu Tanker Loadings yet to Resume Despite Saudi Pipeline Restart
Saudi Arabia is building up crude pumping volumes through its East-West Pipeline that runs to its Red Sea export hub of Yanbu, although crude tanker loadings have yet to resume, according to industry sources, satellite imagery and shipping data.Saudi Arabia…
After Years of Sanctions and Delays, Rosneft’s Massive Arctic Oil Project Begins Exports
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OCCAR Awards $4.2B Contract for Two New Italian Navy Destroyers
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…
Report: CIA Warns of Russian Plans for Ship-Based Drone Strikes in the Med
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…