Security

SAFE Boats wins Ukraine-linked patrol boat order

Nick BlenkeySAFE Boats Mark VI patrol boatAs tensions over Russian threats to Ukraine mount, SAFE Boats International, Bremerton, Wash., has been awarded a contract under a U.S. security assistance program that includes a focus on enhancing Ukraines capacity to defend its territorial waters and that could see a possible…

Driver Charged With Negligent Manslaughter In Maritime Park Inner Tube Death : NorthEscambia.com

May 6, 2022A 20-year old has been charged with negligent manslaughter in connection with the  death of a teen last week at Maritime Park.The inner tube accident killed 18-year old Christian Garner.Joseph Brooks Squirewell was booked into the Escambia County Jail Thursday night and quickly released on a $25,000 bond.A truck…

Avolon reports Q1 2022 net loss of $182m

International aircraft leasing company Avolon has reported an impairment of $304m and a net loss of $182m for the first quarter of 2022 as a result of the Ukraine-Russia war.As of March 31, Avolon had 10 owned aircraft located in Russia representing less than 1% of Avolons portfolio value net of security deposits and maintenance…

Ammunition Market is Expected to Grow at a CAGR of 1.31% over the forecast period 2022-2028 | Poongs

Ammunition MarketThe Coherent Market Insights report is a professional and in-depth research of the Ammunition Market, with an emphasis on substantial data analysis. The study’s goal is to give clients a brief overview of the industry as well as a detailed breakdown of market segments by type, activity, end-use, and location.

Support grows for selling seized Russian assets to fund Ukraine – but experts warn it's a complicate

Momentum is growing among some Western nations to seize and sell Russian assets to fund Ukraine.But changing ownership of Russian assets to sell them means lengthy legal battles, an expert told Insider.Momentum is growing among Western nations to seize and sell Russian assets to help fund the cost of Ukraine's defense and reconstruction.

Great Lakes Dredge & Dock's 1Q Profit, Revenue Rise

Great Lakes Dredge & Dock Corporation reported a first-quarter net income of 11.1 million in the first quarter of 2022 an increase compared to first-quarter 2021 income of $8.8 million.Revenue for the quarter was $194.3 million, an increase of $16.7 million from the first quarter of 2021. The higher revenue in the first…

Amajuoji tasks FCFMT students to shun social vices – The Sun Nigeria

By Bianca Iboma-EmefuA Psychology consultant and security expert, Dr. Festus Amajuoyi, has advised students of tertiary institutions in the country to shun social vices and embraced good moral values as only a positive attitudinal change would enable them achieve success.He acknowledged that as youths, the students can positively change the countrys current narrative through hard work…

Lebanon buries dead in migrant boat sinking that killed 7

TRIPOLI, Lebanon Funerals were held across northern Lebanon on Monday for seven people killed when a boat packed with migrants sank over the weekend as the Lebanese navy tried to force it back to shore.The small vessel was carrying at least 60 people many times its capacity when the disaster struck Saturday night. The…

DOST to forge new STI agreements with Australian institutions; renews bilateral relation – Manila Bu

A delegation of the Department of Science and Technology (DOST) conducted a visit recently to Australian universities and research institutions allowing them to revitalize the country’s ties on Science Technology and Innovation (STI) and forge more partnerships.This scientific vist of DOST officials to the country was held…

Manufacturing news briefs stories you might have missed

Vaxxas appoints ex-Ellume exec as new COOSyringe-free vaccine delivery company Vaxxas has announced Dr Scott Fry as its new chief operating officer, leading its engineering and manufacturing activities. Fry was most recently COO at Ellume, also based in Brisbane, which manufactures Covid-19 test kits. Vaxxas said in a statement…

Micronesia Chooses US over China for Underwater Communication Line

The American government will reportedly help the Federated States of Micronesia (FSM) lay communication equipment in the Pacific Ocean. Two sources with knowledge of the plans spoke to Reuters. They also said FSM had refused an offer of such help from China.The United States has taken interest in several plans in recent years to lay cables in the Pacific Ocean.

Africa Looks to FLNG to Accelerate its Dash for

Since the idea of floating liquefied natural gas (FLNG) was first mooted the landscape of the oil and gas sector has changed dramatically. When Shell finally pressed the go button for its Prelude FLNG project offshore Australia back in mid-2011, the oil price was pushing $115 a barrel. By the time it delivered first gas…

Skandi offshore supply vessel docks in Timaru

JOHN BISSET/STUFFThe Skandi Hercules docked in PrimePort Timaru on Sunday. An offshore supply vessel, which has been used to support deep sea drilling rigs off the Taranaki and Otago coasts, berthed at Timaru's port on Sunday. The last time a Skandi vessel docked in Timaru it was stormed by 27 Greenpeace protesters, who illegally occupied the vessel for 57 hours , before being removed by police.

East meets West in defense and security exhibition at WTC in Pasay City

MANILA, Philippines — From April 27 to 29, the Philippines will showcase an array of modern weapons and defense technology from the East and the West. Dubbed the Asian Defense and Security (ADAS) 2022, the three-day event will be held at the World Trade Center (WTC) in Pasay City. As the flagship defense and security event of the Philippines…

StockNews.com Upgrades Star Bulk Carriers (NASDAQ:SBLK) to Strong-Buy

Star Bulk Carriers (NASDAQ:SBLK – Get Rating) was upgraded by StockNews.com from a “buy” rating to a “strong-buy” rating in a research report issued on Tuesday.SBLK has been the subject of a number of other reports. Pareto Securities cut shares of Star Bulk Carriers from a “buy” rating to a “hold” rating and set a $30.00 target price for the company. in a report on Wednesday, February 23rd.

US, Philippines kick off their largest-ever military drills | News

Thousands of soldiers from the Philippines and the United States are participating in the largest-ever joint military drills in the archipelago nation, as the two longtime allies come closer amid fresh tensions in the disputed South China Sea.The war games are the last under outgoing President Rodrigo Duterte, who previously…

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