Maritime

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X @The Economist
The Economist· 2025-08-27 09:20
Today 80% of Ukraine’s coastline is under Russian control. Yet Ukrainian forces drove the Russian navy out of its bases in Crimea. Unmanned Surface Vehicles play a big role in Ukraine’s maritime war https://t.co/OXtJpv5mrk ...
X @BBC News (World)
BBC News (World)· 2025-08-19 01:41
Why India tops the list of abandoned sailors https://t.co/MRzFJPqoIB ...
SFL - Invitation to Presentation of Q2 2025 Results
Globenewswire· 2025-08-14 13:46
Group 1 - SFL Corporation Ltd. plans to release its preliminary financial results for Q2 2025 on August 19, 2025 [1] - A conference call and webcast will be held on the same day at 10:00 AM (EST) / 4:00 PM (CET) for stakeholders [1] - Relevant materials will be available on the Company's Investor Relations section of its website on the same day [1] Group 2 - SFL has maintained a unique track record in the maritime industry, paying dividends every quarter since its NYSE listing in 2004 [3] - The Company's fleet includes tanker vessels, bulkers, container vessels, car carriers, and offshore drilling rigs [3] - SFL's long-term distribution capacity is supported by a portfolio of long-term charters and significant growth in its asset base over time [3]
X @The Wall Street Journal
The Wall Street Journal· 2025-08-11 17:05
Dramatic footage captured two Chinese vessels colliding while chasing a Philippine boat in disputed waters in the South China Sea.🎥 Watch more: https://t.co/xiztjr9NKu https://t.co/Zhofm79lfd ...
Chinese Ships Collide Pursuing Philippine Boat Near Disputed Shoal | WSJ News
WSJ News· 2025-08-11 10:59
Geopolitical Risks - Dangerous maritime maneuvers could lead to maritime incidents [1] - The conflict over Taiwan could involve the Philippines [1] Strategic Planning - Hope is not a plan; preparedness is crucial [1] - Planning is necessary to address potential conflicts [1]
X @BBC News (World)
BBC News (World)· 2025-08-11 10:38
China rams own warship while chasing Philippine vessel https://t.co/Gq5r1RRLub ...
J.F. Lehman & Company Completes Sale of Narda-MITEQ
Prnewswire· 2025-07-23 20:00
Core Insights - J.F. Lehman & Company has sold Narda AcquisitionCo., Inc. (Narda-MITEQ) to Amphenol Corporation, with transaction terms undisclosed [1] - Narda-MITEQ specializes in advanced RF and microwave components for defense and commercial markets, enhancing RF energy management in various applications [2] - The acquisition by J.F. Lehman & Company in 2021 led to operational improvements and strategic growth initiatives, including the acquisition of Intelligent RF Solutions, LLC [3] Company Developments - Under J.F. Lehman & Company's management, Narda-MITEQ experienced significant operational and commercial improvements, enhancing its competitive position [4] - The partnership with J.F. Lehman & Company resulted in a transformation of organizational processes, benefiting customers and employees [4] - The strategic plan executed by management focused on expanding the product portfolio and strengthening customer value propositions [4] Advisory and Legal Support - KippsDeSanto acted as the exclusive financial advisor for Narda-MITEQ and J.F. Lehman & Company during the transaction [4] - A&O Shearman and BakerHostetler provided legal counsel for the deal [4]
Heidmar Maritime Holdings Corp. Acquires Its First Vessel and Establishes Foothold in Container Shipping
Globenewswire· 2025-07-07 11:00
ATHENS, Greece and NEW YORK, July 07, 2025 (GLOBE NEWSWIRE) -- Heidmar Maritime Holdings Corp. (the "Company" or "Heidmar") (NASDAQ: HMR) today announces its first vessel acquisition, making it a strategic milestone in the Company's project development and growth strategy. This transaction is the Company's first vessel acquisition since becoming a public company and underscores our ability to source and execute high-return, differentiated opportunities, while continuing to scale its commercial and technical ...
How China is Beating India in Its Own Backyard
Bloomberg Originals· 2025-06-23 08:00
Geopolitical Landscape in the Indian Ocean - The Indian Ocean is vital for global commerce, serving as a critical passage for trade between Europe, the Middle East, Africa, and Asia [1] - Increased competition exists between the US and China, and between China and India, for influence in the region [3] - President Trump's foreign policy shift has created uncertainty about the US's role, opening doors for China [3] - Tiny countries like Mauritius are being courted by major powers due to their strategic location [4] China's Growing Influence - China is investing billions in ports, infrastructure, and naval expansion in the Indian Ocean region, raising concerns in India [2] - As part of its Belt and Road Initiative, China is asserting regional influence with multibillion-dollar infrastructure investments [14] - China has built its first military base in Djibouti and is expanding its naval footprint in Cambodia [16] India's Response and Concerns - India relies on the Indian Ocean for approximately 95% of its international trade and 80% of its energy [11] - India is constructing a new airstrip on the Agaléga islands to track Chinese activity [7] - India has commissioned a new base on Minicoy Island and opened its first offshore military logistics hub at Duqm Port in Oman [20] - India views the potential for an external power, particularly China, to disrupt trade routes as a significant threat to its national security [17] US Role and Retreat - US cuts to foreign assistance are seen as an opportunity for China to fill the gaps [18] - The US base on Diego Garcia is crucial for countering China's growing presence in the region [19]
YY Group Holding Limited Acquires Majority Stake in Transocean Oil Pte. Ltd.
Globenewswire· 2025-06-18 11:00
Core Insights - YY Group Holding Limited has acquired a 53% stake in Transocean Oil Pte. Ltd.'s property investment division, marking its entry into the property investment sector and expanding its portfolio in Singapore's real estate market [1][2][3] Strategic Significance - The acquisition aligns with YY Group's growth strategy, capitalizing on Singapore's real estate market, which is projected to grow at an annual rate of 6.5% from 2025 to 2030 [3] - CEO Mike Fu emphasized that adding premium properties enhances investor confidence and strengthens the company's business [3] Market Impact - Transocean's properties provide flexibility for internal use or rental income, supporting YY Group's focus on sustainable growth [4] - The property investment arm will generate rental income and benefit from rising property values [4] Operational Plans - Transocean's operations will integrate into YY Group's framework, with a dedicated team ensuring high-quality service delivery [5] - The 24iFM app will be leveraged to enhance client experiences, and the Group is open to exploring further opportunities in Singapore's property market [5] Revenue and Growth Potential - In 2024, Transocean's properties generated S$223,000 from three commercial units, and YY Group's controlling interest positions it for long-term gains and strategic growth [6] Enhancing Stakeholder Value - The acquisition demonstrates YY Group's commitment to diversifying its portfolio and strengthening its position in the property investment and integrated facility management industries [7] - This move aims to improve services and advance the 24iFM application, addressing clients' needs more effectively [7]