Finnish police on Wednesday seized a ship sailing from Russia on suspicion of sabotaging an undersea telecoms cable running from Helsinki to Estonia across the Gulf of Finland, an area hit by a string of similar incidents in recent years.The…
Finland Detains Vessel Suspected of Subsea Cable Damage Read More »
Taiwan remained on high alert on Wednesday after China staged massive military drills around the island the previous day, keeping its emergency maritime response centre running as it monitored Chinese naval manoeuvres, the coast guard said.The…
Taiwan on Alert As China Withdraws Ships from Military Drill Read More »
This past year won’t soon be forgotten. In 2025, conventional thinking about economics and investor behavior was frequently challenged, as dramatic changes in technology, energy and geopolitics drove markets in often unexpected ways.As the clock turns …
Top 8 Market (& Maritime) Movers of 2025 Read More »
Fincantieri, via its subsidiary WASS Submarine Systems, has secured a contract from the Indian Navy to supply Black Shark Advanced (BSA) heavyweight torpedoes for six Scorpène-class submarines in service with the fleet.The contract, valued at more than…
Fincantieri’s WASS Bags $235M Torpedo Order from Indian Navy Read More »
At least two oil tankers have made their way to Venezuela in recent days and others are navigating towards the country, a sign of state-run PDVSA’s effort to expand floating storage and keep selling crude even as a U.S. blockade has reduced exports to …
Oil Tankers Arrive in Venezuela Despite US Blockade Read More »