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HD HHI Delivers Third KSS-III Submarine to the ROK Navy - Merchant Navy Info - News

HD HHI Delivers Third KSS-III Submarine to the ROK Navy

HD Hyundai Heavy Industries requested the Korean Ministry of National Defense (MND). Also, Defense Acquisition Program Administration (DAPA), and Government officials from nine countries to share the superiority of its submarines and other K-warships. Including Aegis destroyers and frigates. HD Hyundai Heavy Industries conveyed today that it hosted a delivery signing ceremony of the third […]

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Saudis Scale Back Ambition for $1.5 Trillion Desert Project Neom - Merchant Navy Info - News

Saudis Scale Back Ambition for $1.5 Trillion Desert Project Neom

The desert project Neom is being scaled back. Saudi Arabia has scaled back its medium-term ambitions for this. Desert Project Neom is the biggest project within Crown Prince Mohammed bin Salman’s plans for diversifying the oil-dependent economy. This as per people familiar with the matter. By 2030, the government at one point hoped to have

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Giant New Iraqi Port Touted as Alternative Gateway To Europe - Merchant Navy Info - News

Giant New Iraqi Port Touted as Alternative Gateway to Europe

The new Iraqi port is set to be a game-changer. Abu Dhabi’s AD Ports Group has entered into a preliminary contract with the General Company for Ports of Iraq (GCPI). They aim to set up a joint venture to develop Al-Faw Grand Port and the economic zone. The agreement also includes the potential investment, management,

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US says it Foiled a Houthi Drone, and Missile Attack at a US Navy ship in the Red Sea - Merchant Navy Info - News

US says it Foiled a Houthi Drone, and Missile Attack at a US Navy ship in the Red Sea

AL-MUKALLA: The US military said it destroyed on Wednesday two drones and one ballistic missile. These were fired by Yemen’s Houthi forces against a US Navy ship in the Red Sea. Additionally, decimated a Houthi missile on Yemeni soil. This is the latest in a wave of Houthi missile and drone hits against US Navy

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France to get its own £4.3bn Suez Canal connecting Paris to 3 European countries - Merchant Navy Info - News

France to get its own £4.3bn Suez Canal connecting Paris to 3 European countries

France is about to get its own version of the Suez Canal. Also. this will connect it to three other European countries through Paris. Work on the new Suez Canal the Seine-Nord Europe Canal (SNEC) started in 2023. Moreover, it was nearly 15 years after it was legally greenlit. This with the government eager to break up a

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