In Asia and Europe, authorities are taking action, trying to crack down on ships taking out critical subsea infrastructure.
NATO secretary-general, Mark Rutte co-hosted a summit of Baltic Sea allies yesterday launching new military activity in the region to protect critical infrastructure following a spate of ship attacks
[By: Fincantieri Group]
Fincantieri announces the closing of the acquisition of Leonardo S.p.A.'s Underwater Armaments & Systems ("UAS") business line through the purchase of the entire share capital of the newly established company WASS Submarine Systems S.r.l. ("WASS"), into which the UAS business line had been previously contributed.
The transaction
[By: Fincantieri Group]
Fincantieri announces the closing of the acquisition of Leonardo S.p.A.'s Underwater Armaments & Systems ("UAS") business line through the purchase of the entire share capital of the newly established company WASS Submarine Systems S.r.l. ("WASS"), into which the UAS business line had been previously contributed.
The transaction
Fincantieri has finalized the acquisition of Leonardo S.p.A.'s Underwater Armaments & Systems business line through the purchase of the entire share capital of the newly established company WASS Submarine Systems.
The transaction reinforces Fincantieri Group's strategy focused on growth in the naval defence business and the development of the
Nato members concluded a one-day special summit in Helsinki with an agreement to increase naval resources in the Baltic Sea.
It comes after a series of incidents in the region in which key infrastructure was severed or damaged as vessels allegedly deliberately dragged anchors over them.
In the latest
The family-owned company, which was recently selected by Vattenfall to build, own and operate up to three service operation vessels (SOVs) under long-term contracts, told OWJ, “LDA shareholders have decided to open the capital of the company to a new investor, up to a majority stake. Offers have
Fairbanks Morse Defense (FMD), a portfolio company of Arcline Investment Management (Arcline), has received POs from Austal USA to provide critical equipment for the U.S. Navy’s next-generation TAGOS-25 program.
Through Fairbanks Morse Defense businesses American Fan, Federal Equipment Company (FEC), Maxim Watermakers, and Welin Lambie, the defense
Fairbanks Morse Defense (FMD), a portfolio company of Arcline Investment Management (Arcline), reports that it has received purchase orders from Austal USA covering the supply of critical equipment for the U.S. Navy’s next-generation TAGOS-25 program. The equipment will be supplied by FMD’s American Fan, Federal Equipment
Nokia announced the sale of ASN on 27 June 2024. The transaction allows Nokia to focus the portfolio of its Network Infrastructure business group while positioning ASN strongly to build on the transformation achieved while part of Nokia
Focuses the portfolio of the Network Infrastructure business group.
Ensures continued development
THE POLICE of Finland have confirmed an anchor has been recovered from the Gulf of Finland in connection with the criminal investigation over the Estlink 2 subsea cable rupture.
Authorities confirmed the anchor is suspected to be related to the cable rupture, raising the anchor in a joint operation conducted
THE POLICE of Finland have confirmed an anchor has been recovered from the Gulf of Finland in connection with the criminal investigation over the Estlink 2 subsea cable rupture.
Authorities confirmed the anchor is suspected to be related to the cable rupture, raising the anchor in a joint operation conducted
Finnish and Swedish authorities have recovered the lost anchor of the dark fleet tanker Eagle S, the vessel suspected of severing four fiber-optic cables and a power cable in the Gulf of Finland on Christmas Day.
"The location where the anchor was found is along the Eagle S’s
Finnish and Swedish authorities have recovered the lost anchor of the dark fleet tanker Eagle S, the vessel suspected of severing four fiber-optic cables and a power cable in the Gulf of Finland on Christmas Day.
"The location where the anchor was found is along the Eagle S’s
‘The Finnish maritime cluster is known globally for solutions and services encompassing the entire industry, from multi-purpose commercial and naval vessels to offshore wind farms and smart and green ports. The Finns integrate cutting edge, innovative technology in the areas of digitalisation, automation, autonomy, and sustainable solutions in a
[By Cynthia Mehboob]
Last month’s magnitude 7.3 earthquake near Vanuatu caused widespread devastation and left at least a dozen people dead. The disaster also exposed a critical vulnerability in Vanuatu’s digital infrastructure, specifically the over-reliance on a single undersea cable, ICN1. A fire at the cable landing
The Swedish government is sending the submarine rescue vessel HMS Belos to Finland to assist in the investigation of damaged cables between Estonia and Finland, announces the Swedish government in a press release, according to the news agency TT.
According to the statement, Sweden received a request from Finland, which
[By Cynthia Mehboob]
Last month’s magnitude 7.3 earthquake near Vanuatu caused widespread devastation and left at least a dozen people dead. The disaster also exposed a critical vulnerability in Vanuatu’s digital infrastructure, specifically the over-reliance on a single undersea cable, ICN1. A fire at the cable landing
By Denis Chabrol
Jan 4, 2025 (Bloomberg) —Guyana said it is making a concerted effort to clear wreckage from its waterways and improve navigation as the number of ships serving the burgeoning oil-sector increases.
More than 14 wrecks have been removed since 2023, with three others set for cleanup
Finnish authorities have placed a travel ban on seven crew members of the tanker Eagle S, which is under investigation for damaging an undersea power cable in the Baltic Sea last month.
The ship is currently anchored near Finland’s Kilpilahti oil port while investigations continue. The Eagle S, flagged
France’s transmission system operator RTE is building an offshore power grid to connect future wind farms. For two floating wind farms off the coast of Southern Brittany, with a total installed capacity of 750 MW, RTE now awarded a framework agreement to Jan De Nul, in partnership with Hellenic