The desert project Neom is being scaled back. Saudi Arabia has scaled back its medium-term ambitions for this. Desert Project Neom is the biggest project within Crown Prince Mohammed bin Salman’s plans for diversifying the oil-dependent economy. This as per people familiar with the matter. By 2030, the government at one point hoped to have […]
Saudis Scale Back Ambition for $1.5 Trillion Desert Project Neom Read More »
The new Iraqi port is set to be a game-changer. Abu Dhabi’s AD Ports Group has entered into a preliminary contract with the General Company for Ports of Iraq (GCPI). They aim to set up a joint venture to develop Al-Faw Grand Port and the economic zone. The agreement also includes the potential investment, management,
Giant New Iraqi Port Touted as Alternative Gateway to Europe Read More »
The Danish military was constrained to briefly near a major shipping path. And adjacent airspace after a rocket launcher onboard a transport failed. The National Sea Specialist issued a caution for vessels to maintain a strategic distance. From a portion of the Awesome Belt strait off the coast of Denmark. On Thursday evening due to
Denmark Shuts Shipping Strait Over Missile Failure Read More »
AL-MUKALLA: The US military said it destroyed on Wednesday two drones and one ballistic missile. These were fired by Yemen’s Houthi forces against a US Navy ship in the Red Sea. Additionally, decimated a Houthi missile on Yemeni soil. This is the latest in a wave of Houthi missile and drone hits against US Navy
US says it Foiled a Houthi Drone, and Missile Attack at a US Navy ship in the Red Sea Read More »
Paris — France is moving forward with a massive £4.3 billion canal project designed to link Paris with major European waterways, a development that officials say could transform inland shipping across the continent. The project, known as the Seine–Nord Europe Canal, will connect the Seine River basin with northern European waterways, providing a direct route
France to get its own £4.3bn Suez Canal connecting Paris to 3 European countries Read More »
Taiwan’s semiconductor industry resumed operations. Rescue workers worked to free injured and trapped residents. As the island began to recover from its worst Quake in 25 years. Taiwan Semiconductor Manufacturing Co., Ltd. A leading manufacturer of advanced chips for Apple. And Nvidia announced it would resume production within 24 hours after evacuating employees and suspending
Taiwan Begins Recovery From Quake as TSMC Resumes Production Read More »
A Russian tanker auction has happened. An auction carried out in Gibraltar has resulted in the sale of a 100,000-tonne tanker. Moreover, its ownership structure made it subject to US sanctions in Russia. If the vessel had not been auctioned off then like a lot of the other assets of the country this one too
Viken JV tanker auctioned in Gibraltar to shake off Russian links Read More »
Submarines have used stealth to dominate the oceans and pose a deceptive but deadly threat, but now U.S. Navy submarines will take stealth to a new level. American submarines are currently equipped with magnetohydrodynamic propulsion systems. Naval News Staff April 1, 2024, America’s submarines will continue to expand its underwater dominance. The U.S. Navy’s Virginia-class
U.S. Navy Submarine First In World Fitted With Silent Caterpillar Drive Read More »
Speaking at the Full Spectrum Air Defense Conference in London. Defense Procurement Minister James Cartledge announced the design of the Royal Navy’s future air superiority system. The Type 83 destroyer, the British Defense Journal reported. He said these new ships would be more than just traditional combat ships. Rather, they will be integrated into a
Four 720-hour tests demonstrated the ability and durability of various engine assets. To operate for long periods of time without human intervention by US Navy. This is a key element in advancing unmanned maritime operations and also the US Navy manned/unmanned hybrid fleet concept. Congressional requirements in the National Defense Authorization Act of 2021. Require
US Navy Achieves Engine Testing Milestones For LUSV Program Read More »
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