Defence24’s Post

The Sunday Chart| To help assess the ANS market, wkly we review the status of the ANS tanker fleet. New: Hilcorp foreign flag headed to China. #akleg * Deliveries month to date: 6.2 * Out of Service: 1 HIL * Asia: 1 (Hilcorp FF) * USWC: 10 (5 CP, 2 HIL, 2 XOM, 1 MPC) in routine runs

https://lnkd.in/gXz_8TRv India’s P75I Program: Germany Makes Dramatic U-Turn, Keen To Work On AIP Subs Despite Earlier Withdrawal Thyssenkrupp Marine Systems (TKMS) – a German company – had withdrawn from India’s Project-75-I (P-75I) three years ago. However, there has been a notable shift since then, with the German government initiating government-to-government negotiations for the project while also considering acquiring a stake in TKMS. India’s P75I project, aimed at constructing six...

South Korea is increasing efforts to dominate next-generation shipbuilding, unveiling an ambitious public-private plan to invest nearly $7bn over five years. The massive outlay aims to catapult the country’s yards ahead of emerging competitors, particularly from China, in developing cutting-edge technologies such as autonomous and zero-emission ships. Our Tankers International VLCC database shows that just 17% of the current VLCC orderbook is contracted to be built in Korea, this marks a huge decline from 2009, when the VLCC orderbook was at its highest, and the market share of Korean yards was closer to 40%. Read the full story via Lloyd's List here: https://lnkd.in/e65-SdaY #VLCC #maritime #shipyard #shipsandshipping

The Sunday Chart| To help assess the ANS market, wkly we review the status of the ANS tanker fleet. New: Hilcorp foreign flag headed to China. #akleg * Deliveries month to date: 6.2 * Out of Service: 1 HIL * Asia: 1 (Hilcorp FF) * USWC: 10 (5 CP, 2 HIL, 2 XOM, 1 MPC) in routine runs

The Sunday Chart| To help assess the ANS market, wkly we review the status of the ANS tanker fleet. New: Hilcorp foreign flag headed to China. #akleg * Deliveries month to date: 6.2 * Out of Service: 1 HIL * Asia: 1 (Hilcorp FF) * USWC: 10 (5 CP, 2 HIL, 2 XOM, 1 MPC) in routine runs

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South Korea is doubling down on efforts to dominate next-generation shipbuilding, unveiling an ambitious public-private plan to invest nearly $7bn over five years. The massive outlay aims to catapult the country’s yards ahead of emerging competitors, particularly from China, in developing cutting-edge technologies such as autonomous and zero-emission ships https://lnkd.in/e65-SdaY

The Sunday Chart| To help assess the ANS market, wkly we review the status of the ANS tanker fleet. New: 1 XOM Jones Act ret'n from China. #akleg * Dels month to date: 1.8 * Out of Service: 2 mnt (1 CP, 1 HIL) * Asia: 1 (XOM) * USWC: 8 (4 CP, 2 HIL, 1 XOM, 1 MPC) in routine runs

A strong nod to the SuperMediums in the PHI amended S-1 filing - "Although there is strong demand for heavy helicopters by oil and gas customers, PHI plans to replace “a significant part” of its Sikorsky S-92 fleet, which numbers 32 helicopters, due to supply chain challenges “that have delayed parts and repairs…thereby limiting the number of such aircraft that are serviceable today.” PHI plans to add more super-medium Airbus H175s....Discussions are underway with Leonardo on a possible order for the super-medium AW189...." #offshore #oilandgas #oilandgasindustry #searchandrescue #helicopters #rotorcraft #sar #aviationfinance https://lnkd.in/e8wvgmdz

Iraq, Saudi Arabia partner to build a Mercedes-Benz car plant Iraq is getting ready to set up an advanced plant for the production of renowned German car brands, Mercedes-Benz and MAN Truck & Bus, in a key step toward economic development and regional cooperation. A strategic alliance with Saudi Arabia would be used to carry out the plans for this huge project, according to Mohammed Al-Daraji, a senior advisor to Iraqi Prime Minister Mohammed Al-Sudani. A delegation from the Iraqi government recently traveled to Saudi Arabia to discuss the joint venture. The plant will be co-owned by the Iraqi Military Industrialization Authority. Al-Daraji claims that a Memorandum of Understanding (MoU) has been negotiated with a major Saudi investment corporation, signaling an important step towards the project’s realization. The plant will be co-owned by the Iraqi Military Industrialization Authority. This agreement paves the way for the development of two production facilities in Iraq for the production of Mercedes-Benz and MAN Truck & Bus. The collaboration between Iraq and Saudi Arabia is not only a sizable economic project, but it also serves as a monument to how regional cooperation may result in positive changes for the automotive industry and other sectors.