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Business & Finance

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Top News of the Week Feb. 2 – 9, 2014
Business & Finance

Top News of the Week Feb. 2 – 9, 2014

General Dynamics NASSCO Starts Construction of USNS John Glenn General Dynamics NASSCO today began construction of the future USNS John Glenn, the second ship of the U.S. Navy’s Mobile Landing Platform (MLP) program. The 765-foot long ship is scheduled to be delivered to the Navy in the first quarte

about 12 years ago
HMAS Melbourne Conducts Major Drug Bust
Business & Finance

HMAS Melbourne Conducts Major Drug Bust

HMAS Melbourne has intercepted a shipment of 353 kilograms of what is believed to be heroin during a boarding operation on a suspected drug smuggling dhow off the coast of Tanzania on Wednesday, 5 February 2014. The drugs are said to be worth $706 million Australian dollars, circa USD 626 million.

about 12 years ago
Multi-Million Fraud at Russian Shipyard
Business & Finance

Multi-Million Fraud at Russian Shipyard

Russian police is investigating a group of suspects, who are believed to be involved in a USD 28.7 million fraud scheme, committed during warship repair at the country’s shipyard Zvezda, according to the RIA Novosti. Seven criminal cases connected with the Russian shipyard Zvezda have been initiat

about 12 years ago
Italian Navy Ship Assists Yemeni Dhow
Business & Finance

Italian Navy Ship Assists Yemeni Dhow

The Italian Navy frigate ITS Libeccio has assisted a drifting Yemeni dhow during her patrolling within the EU Naval Force Somalia Operation Atalanta. ITS Libeccio’s crew saw the dhow moving at a very low speed 100 nautical miles from the shore. The technical personnel from the Italian ship boarded

about 12 years ago
Keel Laid for Australian Navy’s Second AWD
Business & Finance

Keel Laid for Australian Navy’s Second AWD

The keel for the Australian Navy’s second Air Warfare Destroyer (AWD) HMAS Brisbane was laid today at Australia’s premier naval industry hub, Techport Australia. The ceremony was presided by the Australian Minister of Defence Senator the Hon David Johnston. “Thank you all for attending today. Toda

about 12 years ago
OSI to Upgrade Australian Navy’s ECPINS-W Sub Software
Business & Finance

OSI to Upgrade Australian Navy’s ECPINS-W Sub Software

OSI Maritime Systems (OSI) and the Royal Australian Navy have signed a contract, under which OSI will provide in-service-support for its ECPINS-W Sub (Warship Submarine) software across the Navy fleet. The contract was signed for software upgrades and engineering support services over the next thr

about 12 years ago
Hetman Sahaydachnyi Calls at Djibouti after 2nd Patrol of the Gulf
Business & Finance

Hetman Sahaydachnyi Calls at Djibouti after 2nd Patrol of the Gulf

Hetman Sahaydachnyi, a Krivak class frigate of the Ukrainian Navy, has completed the second patrolling within EU Naval Force Operation Atalanta and docked in Djibouti for logistic support, replenishment and maintenance work. During the patrol, the ship completed some onboard trainings and exercise

about 12 years ago
FGS Hessen Talks Piracy Challenges with Iranian Seafarers
Business & Finance

FGS Hessen Talks Piracy Challenges with Iranian Seafarers

Crewmembers of the German Navy ship FGS Hessen, attached to EU Naval Force Operation Atalanta, boarded three Iranian flagged dhows in the Gulf of Aden last week. FGS Hessen detected the three dhows drifting in the waters and contacted them via radio to ask if they needed any assistance. Crewmember

about 12 years ago
EU NAVFOR, US Navy Ships Conduct RAS
Business & Finance

EU NAVFOR, US Navy Ships Conduct RAS

EU Naval Force Ships ESPS Tornado, FS Siroco, and FGS Hessen met at sea with the US Navy ship USNS Joshua Humphreys for a joint replenishment at sea (RAS) on January 21st, 2014. Four ships with more than 600 crewmembers took part in the RAS, which was carried out successfully and quickly. EU Naval

about 12 years ago
Ukrainian Frigate Begins Second Patrolling through Gulf of Aden
Business & Finance

Ukrainian Frigate Begins Second Patrolling through Gulf of Aden

The Ukrainian Navy’s Frigate Hetman Sahaydachnyi started the second patrolling through the Gulf of Aden within the EU Naval Force Operation Atalanta on January 19th, 2014. The frigate recently finished the first patrolling of the area, which took place from January 5 to 15, after which it headed t

about 12 years ago
Seahawk Romeo Helicopter Duo Handed Over to Australian Navy
Business & Finance

Seahawk Romeo Helicopter Duo Handed Over to Australian Navy

The Royal Australian Navy’s NUSQN 725 squadron took delivery of the first MH-60R Seahawk Romeo maritime combat helicopter duo at an ‘In Service Date’ ceremony on Friday, January 24th at Naval Air Station Jacksonville, Florida. The delivery of Sea Hawk Romeo helicopters, which are replacing the Nav

about 12 years ago
EU NAVFOR Arrests Suspects from First Pirate Attack in 2014
Business & Finance

EU NAVFOR Arrests Suspects from First Pirate Attack in 2014

The French Naval Ship FS Siroco in cooperation with Japanese assets released crewmembers from a pirated dhow on January 18th. The flagship arrested five suspected pirates believed of having attacked an oil tanker in the Gulf of Aden a day earlier. The UK Maritime Trade Operation received a call fo

about 12 years ago
Austal Holds Keel-Laying Ceremony for Fifth Cape Class Patrol Boat (Australia)
Business & Finance

Austal Holds Keel-Laying Ceremony for Fifth Cape Class Patrol Boat (Australia)

Austal held a keel-laying ceremony for the Australian Customs and Border Protection Service’s (ACBPS) fifth Cape Class Patrol Boat, the Cape Jervis, on 17 January 2014. The Cape Class Patrol Boats Contract, which includes design, construction and through-life support of eight 58- meter patrol boat

about 12 years ago
MU90 Torpedo Acquired by Two More Navies
Business & Finance

MU90 Torpedo Acquired by Two More Navies

The MU90 lightweight torpedo developed by the European Economic Interest Group EUROTORP formed by DCNS, THALES and the Italian company WASS, is attracting growing interest among world navies. Two new navies have decided to follow in the footsteps of the Australian Navy and acquire the MU90 in 2013

about 12 years ago
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