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Business & Finance

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Italian, French shipbuilding majors sign joint venture agreement
Business & Finance

Italian, French shipbuilding majors sign joint venture agreement

Italy’s Fincantieri and France’s Naval Group last week signed the “Alliance Cooperation Agreement”, setting the stage for the creation of a 50/50 owned joint venture. Based on the agreement, the joint venture company will be headquartered in Genoa with a subsidiary in Ollioules, France. The agreemen

about 7 years ago
Australian frigate HMAS Perth spent two years in dock due to sailor shortage
Business & Finance

Australian frigate HMAS Perth spent two years in dock due to sailor shortage

Royal Australian Navy problems with personnel shortages have led to the Anzac-class frigate HMAS Perth spending almost two years in dry dock as the navy was unable to crew it. The frigate returned from its last mission in November 2016 and finished its deep maintenance cycle in October 2017. Despite

about 7 years ago
First phase of Baltic Protector wraps up in Denmark
Business & Finance

First phase of Baltic Protector wraps up in Denmark

Marines from a number of European countries raided the coast of Denmark for the conclusion of first stage of the two-month Baltic Sea maneuver Baltic Protector. British Royal Marines and their Dutch counterparts waged a battle around the towns of Esbjerg and Varde in western Denmark, taking on Danis

about 7 years ago
Australian Navy task group returns from three-month South East Asia tour
Business & Finance

Australian Navy task group returns from three-month South East Asia tour

Ships from the Royal Australian Navy’s Indo-Pacific Endeavour 2019 (IPE 19) joint task force have returned to Australia following a three-month deployment to South and South East Asia. The flagship HMAS Canberra anchored off Darwin, having visited seven nations since March 2019 during the third IPE

about 7 years ago
New Italian aircraft carrier launched 15 months after construction start
Business & Finance

New Italian aircraft carrier launched 15 months after construction start

The Italian Navy’s new landing helicopter dock (LHD) Trieste was launched in a ceremony at Fincantieri’s Castellammare di Stabia shipyard on May 25. The multirole and multipurpose amphibious vessel was launched in the presence of Italian president Sergio Mattarella and the Italian Navy chief Adm. Va

about 7 years ago
After Navy, Canadian Coast Guard to get its own arctic and offshore patrol ships
Business & Finance

After Navy, Canadian Coast Guard to get its own arctic and offshore patrol ships

The Canadian Coast Guard is to join the navy in operating arctic and offshore patrol ships (AOPS) after the government awarded a two-ship contract to Halifax-based shipbuilder Irving Shipbuilding. Irving is already building six AOPS for the Royal Canadian Navy, with the first unit in the class, the

about 7 years ago
Australia, Japan, Korea, US launch inaugural naval drill Pacific Vanguard
Business & Finance

Australia, Japan, Korea, US launch inaugural naval drill Pacific Vanguard

Ships from the navies of Australia, Japan, Republic of Korea and the United States arrived in Guam, May 22, to take part in the first ever cooperative maritime training exercise called Pacific Vanguard. Pacific Vanguard brings together more than 3,000 sailors from four Indo-Pacific nations to sharpe

about 7 years ago
Indian Navy tests cooperative engagement capability with MRSAM firing
Business & Finance

Indian Navy tests cooperative engagement capability with MRSAM firing

The Indian Navy recently carried out a launch of the Medium Range Surface to Air Missile (MRSAM) aimed at testing its cooperative engagement capability (CEC). The navy used destroyers Kochi and Chennai for the test, in which the missiles of both ships were controlled by one ship to intercept differe

about 7 years ago
First Australian frigate to complete AMCAP upgrade tests stability
Business & Finance

First Australian frigate to complete AMCAP upgrade tests stability

The first Royal Australian Navy Anzac-class frigate to undergo the Anzac Midlife Capability Assurance Program (AMCAP) upgrade has completed the inclining experiment at Henderson Shipyard, Western Australia to test stability. HMAS Arunta underwent the test after more than a year out of the water as p

about 7 years ago
French carrier trains with Australian, Japanese, US ships in Bay of Bengal
Business & Finance

French carrier trains with Australian, Japanese, US ships in Bay of Bengal

French Navy aircraft carrier FS Charles de Gaulle (R 91) met up with ships from the navies of the US, Australia and Japan for a series of maneuvers in the Bay of Bengal. The exercise involving US destroyer USS William P. Lawrence (DDG 110), Australian Navy frigate HMAS Toowoomba (FFH 156) and submar

about 7 years ago
18-nation ASEAN maritime drill wraps up in Singapore
Business & Finance

18-nation ASEAN maritime drill wraps up in Singapore

A 19-ship exercise organized by the ASEAN Defence Ministers’ Meeting (ADMM)-Plus concluded in Singapore on May 13. Co-organised by Singapore and the Republic of Korea under their co-chairmanship of the ADMM-Plus Experts’ Working Group on Maritime Security, the “Maritime Security Field Training Exerc

about 7 years ago
Keel laid for Australia’s first Arafura-class offshore patrol vessel
Business & Finance

Keel laid for Australia’s first Arafura-class offshore patrol vessel

The Royal Australian Navy’s Arafura-class Offshore Patrol Vessel (OPV) program reached a new milestone on Friday as the keel for the lead ship in the class was laid at at the Osborne Naval Shipyard in Adelaide. Chief of the Royal Australian Navy, Vice Admiral Michael Noonan AO, RAN positioned a coin

about 7 years ago
Australian Navy orders additional Kongsberg bridge simulators
Business & Finance

Australian Navy orders additional Kongsberg bridge simulators

The Royal Australian Navy has awarded Kongsberg Digital a contract for the delivery of two K-Sim full mission bridge simulators at its HMAS Watson Bridge Simulator Facility in Watsons Bay, Sydney, Australia. The Watson facility contract follows an earlier one from November 2018, under which Kongsber

about 7 years ago
US, UK jointly test energy storage systems for laser weapons
Business & Finance

US, UK jointly test energy storage systems for laser weapons

The US Navy and the UK defense ministry have tested an energy storage system capable of providing high-power electrical pulses for future systems under an agreement called Advanced Electric Power and Propulsion Project Arrangement (AEP3). UK’s Defence Equipment & Support office and Dstl joined force

about 7 years ago
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