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☆ NATO navies can exploit a Russian fear and keep Putin from invading more neighbors
▼ + stars: | 2024-03-03 | by ( Michael Peck | ) www.businessinsider.com time to read: +5 min

Today, NATO's naval power is far superior to Russia's. NATO may dominate the oceans, but that may not be much help if Russian tanks invade the Baltic States or Poland. Or more specifically, use naval power to scare Moscow into allocating its scarce resources to defending its huge coastlines rather than invading neighbors. "Rather than naval combat per se, the purpose of Russian sea power is to ensure that the Russian state can compete and engage in conflict safely and effectively," the essay said. In 2024, the fear is that NATO ships could launch long-range guided missiles at the Russian heartland.

Persons: Napoleon, Hitler fumed, Russia —, Kaushal, Rene Balletta, Alfred Thayer Mahan, Michael Peck Organizations: Service, Channel, Royal Navy, NATO, Alliance, Britain's Royal United Services Institute, Russian Navy, Black, Century, Russia, Russian Army and Aerospace Forces, West, Baltic, Defense, Foreign Policy, Rutgers Univ, Twitter, LinkedIn Locations: British, Russia, Baltic States, Poland, Moscow, Britain, Europe, Asia, Russian, Crimean, Sevastopol, Ukraine, Russia's, Finland, Norway, Forbes

☆ I live in a Canadian city where hundreds of popular shows are filmed. From sprawling forests to skyline views, here's what it's like.
▼ + stars: | 2024-02-21 | by ( Sher Hackwell | ) www.businessinsider.com time to read: +1 min

I live in Vancouver, British Columbia, Canada, where hundreds of popular TV shows are filmed. AdvertisementI live in Vancouver, British Columbia, on Canada's West coast. Despite leaving the city for exciting travel adventures throughout the year, it's always the best place to come home to. It's no secret why we've earned the moniker Hollywood North — my city provides endless filming locations for hundreds of TV and movie production companies. Here's what it's really like to live in the city featured on everything from "Riverdale" to "The X-Files."

Persons: I'm, —, it's, we've Organizations: Shipyards, Service, Hollywood Locations: Vancouver , British Columbia, Canada, Vancouver, Mount Pleasant, Chinatown, West, Riverdale

☆ Self-navigating ships could change the shipping industry. Here are the companies poised to benefit
▼ + stars: | 2024-02-02 | by ( Hakyung Kim | ) www.cnbc.com time to read: +7 min

Worldwide, the autonomous ships market reached $4.13 billion in 2022, and is forecasted to grow to $10.1 billion in 2032, according to Emergen Research . Avikus said this journey marked the first time autonomous navigation successfully enabled a large vessel to complete a trip over 10,000 kilometers. HiNAS 2.0 deployed a level-three autonomous navigation system, meaning that human intervention is only deployed in an emergency situation. The success of the HiNAS 2.0 and Prism Courage journey marked a foray into greater commercialization and implementation of autonomous ship navigation technology. The company is aiming for its fully autonomous ship technology to reach full-scale commercialization by 2025.

Persons: Patrick Ryan, Covid, Courage, Avikus, Carol Schleif, Rudy Negenborn, — Ryan, Ryan, BMO's, Morgan Stanley, Ravi Shanker, Shanker, Hunt, C.H, Robinson, Negenborn Organizations: Research, American Bureau of Shipping, Hyundai, Yara International ASA, Yara, BMO Family, Delft University of Technology, Moeller, Maersk, Yara International, Mitsui, Mitsui O.S.K, Royce, Shipbuilders, Expeditors International Locations: Covid, Avikus, Freeport, of Mexico, Panama, Korea, Red, Suez, U.S, Danish, American, ADRs, Japan

☆ U.S. Eyeing Japanese Shipyards for Warship Overhauls, Says U.S. Ambassador
▼ + stars: | 2024-01-19 | by ( Jan. | At A.M. | ) www.usnews.com time to read: +1 min

YOKOSUKA, Japan (Reuters) - The United States and Japan will look at the viability of using Japanese shipyards to overhaul U.S. navy warships that patrol East Asian waters, the U.S. Ambassador to Japan Rahm Emanuel said on Friday at the Yokosuka naval base near Tokyo. Doing refits in Japan could help the U.S. keep more of its ships battle-ready in East Asia where China is expanding its naval power. The U.S. navy currently sends its ships back across the Pacific to shipyards at home that are wrestling with a backlog of maintenance contracts. Japan hosts the biggest overseas concentration of U.S. military power, including the only forward-deployed carrier strike group, which operates from Yokosuka.

Persons: Japan Rahm Emanuel, John Geddie, Tim Kelly, Chang, Ran Kim Organizations: Yokosuka, U.S . Navy, Seventh Locations: YOKOSUKA, Japan, United States, U.S, Tokyo, East Asia, China, Pacific, Yokosuka

☆ How old fishing nets could be part of the climate crisis solution
▼ + stars: | 2023-12-05 | by ( Paul Glader | ) edition.cnn.com time to read: +10 min

De Bouter’s company, Brikole, is a startup “circular business” that recycles discarded nets from the industrial tuna fishing industry. Kyle de Bouter holds board shorts made of recycled Nylon fishing nets similar to the kind he is recycling. Since the area is prime for fishing, especially tuna fishing, many in Seychelles believe those industries are a good place to start. He championed activity by “inventive young entrepreneurs” to improve society, mentioning recycled fishing nets as one example. “This is solving the problem of exhausted fishing nets,” said Julio Morón, a managing director of the Spanish tuna fishing organization called OPAGAC.

Persons: Seychelles CNN — Kyle de Bouter, ”, De, Kyle de Bouter, Paul Glader, CNN “, de Bouter, Joshua Tiatouse, CNN De Bouter, Ellen MacArthur, Eduardo Soteras, James Alix Michel’s, Michel, De Bouter, Julio Morón, Brikole, Bouter, de, Manuel Sigren, Bureo, Joshua Tiatousse, Tiatousse, “ Organizations: Seychelles CNN, United Nations, CNN, Bank, “ Department of Blue, Ellen MacArthur Foundation, Washington Post, Economy Research, University of Seychelles, snags, Electricity, Bureo, DuPont, BASF, DOMO Chemicals, Grandview Research Locations: Victoria, Seychelles, Patagonia, Spain, France, South Korea, Kosovo, Ghana, Philippines, Mahé, “, Dubai, China, California, Africa, Asia, Grandview

☆ Fiji PM: China likely to collaborate on key port, shipyard project
▼ + stars: | 2023-11-22 | by ( Kirsty Needham | ) www.reuters.com time to read: +4 min

REUTERS/Lincoln Feast/File Photo Acquire Licensing RightsSYDNEY, Nov 22 (Reuters) - Fiji Prime Minister Sitiveni Rabuka told parliament on Wednesday the Pacific Islands nation was likely to collaborate with China on a key port modernisation and shipyard project, after discussing it in a meeting with Chinese president Xi Jinping. Fiji previously sought Australia's involvement to build a modern ship-building facility at Lautoka, officials and a consultant to Rabuka on the project told Reuters. Rabuka told Fiji's parliament on Wednesday his government was focused on upgrading infrastructure, "particularly the modernisation of port facilities and shipyards". An Australian-based ship design company said Rabuka had earlier sought the involvement of Australia, Fiji's largest aid donor, in the shipyard project. China has been pushing for greater security and trade ties with Pacific Islands countries.

Persons: Sitiveni Rabuka, Xi Jinping, Rabuka, Xi, Stuart Ballantyne, Ballantyne, Vajira Piyasena, Kirsty Needham, Lincoln, Edwina Gibbs Organizations: REUTERS, Lincoln, Rights, Fiji Prime, Wednesday, Reuters, APEC, Wednesday Fiji, Fiji Ports, Fiji Ships, Heavy Industry, Pacific, Thomson Locations: Fiji, Suva, China, Lautoka, Australia, San Francisco, Australian, tradespeople, Pacific, Solomon Islands, United States, Papua New Guinea

[1/2] A logo of Brazil's state-run Petrobras oil company is seen at their headquarters in Rio de Janeiro, Brazil October 16, 2019. Lula told Prates that Petrobras should commission 25 ships to be built in Brazilian shipyards, instead of the four currently planned. When asked for comment, Petrobras referred Reuters to a Nov. 8 statement, in which it said it is still finalizing its investment plan. Last week, Reuters reported that Petrobras' plan will include around $100 billion in investments that the firm is both analyzing and those it has already committed to. In the previous 2023-2027 plan, Petrobras projected $78 billion in investments.

Persons: Sergio Moraes, Luiz Inacio Lula da Silva, Jean Paul Prates, Prates, Lula, Brazil's, Sabrina Valle, Lisandra Paraguassu, Rodrigo Viga Gaier, Marta Nogueira, Fabio Teixeira, Roberto Samora, Gabriel Stargardter, Marguerita Choy Organizations: REUTERS, HOUSTON, RIO DE, Petrobras, PETR4, Reuters, Thomson Locations: Rio de Janeiro, Brazil, BRASILIA, RIO, RIO DE JANEIRO, Brasilia, Mato Grosso, Sul, Petrobras

☆ Australian PM tells US House speaker he hopes AUKUS legislation passes this year
▼ + stars: | 2023-10-26 | by ( David Brunnstrom | ) www.reuters.com time to read: +4 min

REUTERS/Leah Millis/File Photo Acquire Licensing RightsWASHINGTON, Oct 26 (Reuters) - Australian Prime Minister Anthony Albanese met the new speaker of the U.S. House of Representatives on Thursday and said he hoped the U.S. Congress would pass legislation related to the AUKUS submarine project this year. "We, of course, have important legislation required for AUKUS," Albanese told Johnson at the start of their meeting. "We are certainly hoping that the Congress can pass that legislation this year." Budget wrangling and the lack of a speaker for several weeks until Johnson's appointment interrupted the U.S. legislative process in Congress, and Australian officials have expressed concern about delays in approving legislation needed to move the AUKUS project forward. Officials and experts and say this is important for the success of AUKUS given the need to share U.S. technology both in the submarine project and a second AUKUS pillar involving three-way cooperation on high-tech weaponry.

Persons: Joe Biden, Anthony Albanese, Rishi Sunak, Leah Millis, Albanese, Mike Johnson, Johnson, Biden, Mara Karlin, Biden's, Joe Courtney, Courtney, David Brunnstrom, Rod Nickel Organizations: Australian, British, U.S, Naval Base Point, San Diego , California U.S, REUTERS, Rights, U.S . House, Capitol, Republicans, Pentagon, Democratic, Australia Caucus, National Defense, Republican, U.S . Navy, Thomson Locations: Australia, United Kingdom, Naval Base Point Loma, San Diego , California, Washington, U.S, United States, Britain, Australia Virginia

☆ China chases US and Russia guided-missile submarine capabilities with new vessels
▼ + stars: | 2023-10-25 | by ( Greg Torode | ) www.reuters.com time to read: +4 min

The Pentagon report, published Oct. 20, marks the first apparent confirmation that modified submarines seen in Chinese shipyards over the last 18 months are Type 093B guided missile submarines. The confirmation comes amid an intensifying submarine arms race as China constructs a new generation of nuclear-armed boats as part of its evolving deterrent force. Singapore-based security scholar Collin Koh said the SSGNs were an important new capability for the Chinese navy. Naval War College in May noted that the PLA was close to breakthroughs in making its nuclear-powered submarines far quieter and more difficult for the U.S. and its allies to track. "But we know the submarine force is a priority for Xi Jinping, and this is one more sign they are getting there."

Persons: Jason Lee, Collin Koh, Koh, Xi Jinping, Greg Torode, Gerry Doyle Organizations: Liberation Army Navy, REUTERS, Pentagon, Reuters, U.S . Navy, Cruise, Libyan, PLA, Rajaratnam, of International Studies . Research, U.S . Naval, College, U.S, Thomson Locations: Qingdao, China, HONG KONG, U.S, Huludao, Soviet Union, Florida, Singapore, Asian

☆ China's massive navy is only getting bigger, and the US is looking overseas for help keeping its warships in action
▼ + stars: | 2023-10-24 | by ( Christopher Woody | ) www.businessinsider.com time to read: +8 min

For years, the US Navy has struggled to complete repairs of its ships on time. To reduce workload at domestic shipyards and keep ships at sea, the US is looking for help overseas. That number has improved, but delays persist amid other challenges at Navy shipyards. Salvor was the first ship repaired in India following the signing of a Master Ship Repair Agreement with L&T Shipyard. "It's all hands on deck within the free world right now, and I think something like that would simultaneously enhance our ability to repair ships more quickly and also be a deterrent in the Pacific."

Persons: —, MCS3 Brandon Roberson, Biden, USNS Charles Drew, USNS Matthew Perry, Salvor, Fitzgerald, Leonard Adams, Carlos Del Toro, Charles Drew, Del Toro, Joel Garcia Japan, Rahm Emanuel, Emanuel, Harry Harris Jr, Harris, Paul, Wendy Hallmark, Rob Wittman, Wittman, Mike Gallagher, Gallagher Organizations: US Navy, Service, Pentagon, Navy, MCS3 Brandon Roberson Public, Maritime Sealift Command, USNS, Larsen & Toubro Shipyard, USNS Salvor, T Shipyard, Military Sealift Command, Mazgaon, Goa Shipyard, Getty, US, White, National Press, Nikkei Asia, US Military Sealift Command, Pacific Command, USS, Puget Sound Naval Shipyard, Republican, House Armed Services Committee, Capitol, Strategic Competition Locations: Western, Washington, China, Norfolk, India, Chennai, Shipbuilders, Mumbai, Goa, Japan, Asia, Philippines, Singapore, South Korea, extremis, USS Minneapolis, St, United States

☆ Ukraine can still badly bleed the Russian army through the winter even if its forces can't break through enemy lines, land warfare expert says
▼ + stars: | 2023-10-24 | by ( Jake Epstein | ) www.businessinsider.com time to read: +7 min

A land warfare expert said even if Kyiv can't break enemy lines, it can still cause pain for Russian forces. But even if Kyiv's forces aren't necessarily able to break through the enemy lines, they could still inflict significant damage on Moscow's army throughout the winter, a land warfare expert says. The key could be drawing out Russian forces into the cold by pushing into opportunities rather than attempting to batter their defenses. AdvertisementAdvertisement"Kyiv must balance reconstitution with a need to keep up pressure on Russian forces," he said. AdvertisementAdvertisementOne area where Ukrainian forces have found recent success is with long-range strikes.

Persons: —, aren't, Jack Watling, there's, Libkos, Watling, Getty Images Watling, Wagner Organizations: Service, Royal United Services Institute, Kyiv, Storm, EG, MGM, Tactical Missile Systems, SPG, Getty Images, Dnipro, Wagner Group Locations: Ukraine, Russia, Bakhmut, Donetsk, Ukrainian, North Korea, Britain, France, Crimean, Russian

☆ US aid to Israel and Ukraine: Here’s what’s in the $105 billion national security package Biden requested
▼ + stars: | 2023-10-20 | by ( Tami Luhby | ) edition.cnn.com time to read: +4 min

CNN —The Biden administration on Friday laid out the details of a $105 billion national security package that includes military and humanitarian assistance for the conflicts in Ukraine and Israel. House Republicans are still struggling to unite behind a speaker to lead their conference, and until one is elected, the national security package will remain in limbo. The Biden administration’s prior request for $24 billion in Ukraine aid was not included in a stopgap government funding measure Congress approved in late September. Here’s what’s in the package, according to the White House:$61.4 billion in aid for Ukraine$30 billion for the Defense Department for equipment for Ukraine and the replenishment of US stocks. $10 billion for humanitarian assistance$9.15 billion for aid for Ukraine, Israel, Gaza and other humanitarian needs.

Persons: CNN —, Biden, Joe Biden, Here’s Organizations: CNN, House Republicans, Ukraine, White, Defense Department, National Nuclear Security Administration, Israel, Iron, State Department, West Bank, Treasury Department, World Bank Locations: Ukraine, Israel, Gaza, Mexico, Taiwan, Congress, Europe, assertiveness, China

Glasgow, Scotland’s largest city, crackles with character. It’s a hub of grass-roots energy where art shows, plant sales and film screenings pop up in tenement flats, railway waiting rooms and disused buildings. Once known as the second city of the British Empire, Glasgow struggled to reinvent itself after the closure of its shipyards. Another thing you’ll get to know in Glasgow is its infinite variations of rain. Be waterproof top to bottom, and you’re off to a good start.

Organizations: Southside Locations: Glasgow, Scotland’s, British

☆ Why superyacht builders are investing in solar
▼ + stars: | 2023-10-06 | by ( Sydney Boyo | ) www.cnbc.com time to read: +5 min

Early tech adopters are investing in a new toy: solar-powered electric yachts. "I believe electric yachts and electric motors will be the main propulsion of pleasure yachts and even cargo vessels in the near future." The company says it has an order book of 160 million euros ($168 million), with prices ranging from 3.2 million euros for its 60-foot yacht to 30 million euros for the fully equipped version of its 120-foot vessel. "The smallest boat is around 1.5 million euros and on the upper range there really is no limit. "We think there is a sweet spot for solar electric boats between 50 and 120 feet," said Kress.

Persons: Mike Horn, Michael Köhler, it's, Heiki, Stephan Kress, Sunreef, Rafael Nadal, Fernando Alonso, Nicola Lapp, Kress Organizations: SuperYacht Times, of Yachting, ForSea Ferries, Allied Market Research, Silent Yachts, Yachts, Formula Locations: SuperYacht Times ', North America, Sweden, Austria, Italy, Turkey, Gdansk, Poland, Emirate, Ras Al Khaimah, Sunreef

☆ As China churns out warships, the US Navy is looking for drones and AI to help it pick up the pace at its struggling shipyards
▼ + stars: | 2023-10-05 | by ( Michael Peck | ) www.businessinsider.com time to read: +7 min

Meanwhile, China's navy is growing thanks to shipyards that churn out naval and commercial ships. The US Navy is now looking for new tools to improve maintenance and reduce delays at its shipyards. AdvertisementAdvertisementWith maintenance backlogs hampering fleet readiness, the US Navy is hoping that autonomous systems and artificial intelligence can fix its overburdened shipyards. The solicitation cited penetrant testing, ultrasonic testing, and magnetic testing as possible solutions. AdvertisementAdvertisementAt the same time, "the Federal Government sees the development of these capabilities as benefiting industrial maintenance activities in partnership with the Navy at commercial shipyards.

Persons: —, PO1 Emmitt, MCS3 Brandon Roberson, Michael Peck Organizations: US Navy, Service, Technologies, DON, Department of, Navy, sustainment, Corpus Christi, Navy Shipyards, Norfolk Naval Shipyard, PO1 Emmitt Hawks, Federal Government, Labor, Office, Defense, Foreign Policy, Twitter, LinkedIn Locations: Corpus, Pearl, Norfolk, Boise, China, Forbes

[1/2] Visitors look at displays of military aircraft and a ground-to-ground missile at the Military Museum of the Chinese People's Revolution in Beijing, China October 8, 2022. A Chinese military expert told Reuters the high-powered engine, shown for the first time, is key to China's development of medium- and heavyweight helicopters. It could be used as an aircraft carrier escort. Western analysts have noted that China has lagged behind in anti-submarine warfare, which are vital to protect long-range aircraft carrier operations. A media report quoted a Chinese military expert as saying the new frigate can serve as a "mini destroyer".

Persons: Florence Lo, Albee Zhang, Greg Torode, Ryan Woo, Gerry Doyle Organizations: Military Museum of, REUTERS, NEW, Reuters, China, WS, PREPPING, People's Liberation Army Navy, Thomson Locations: Beijing, China, Taiwan, Tianjin, Hong Kong, Shanghai, Guangzhou, U.S, South Korea, Japan, Guam, Fujian

More than 120 small boats arrived in Lampedusa in the span of roughly 24 hours, bringing the number of people at the local reception center to 7,000 people at one point. But consecutive arrivals on the small island in a short period of time made things difficult to manage, Di Giacomo said. Most of those boarding smugglers' boats for Europe are young men and unaccompanied minors, though women and children are seen but in smaller numbers. As soon as the weather improved, they launched more than 100 small iron boats from Tunisian beaches carrying between 30 to 40 people. Migrants pay smugglers between 1,500 and 5,000 Tunisian dinars (roughly $500-$1,600) for a spot on the dangerous boats.

Persons: Giorgia Meloni, Kais Saied, Flavio Di Giacomo, Di Giacomo, Daniel, “ It's, ”, Chris Borowski, Saied's, Giacomo, Ursula von der Leyen, It's, ” Abderrahim, Saied, doesn’t, “, ___ Frances D'Emilio Organizations: Union, Italy's Interior Ministry, International Organization for, WHO, IOM, Border, Coast Guard Agency, Global, Transnational, EU Locations: BARCELONA, Spain, Lampedusa, Tunisia, Italy, North Africa, Italian, Europe, Ukraine, Ivory Coast, Guinea, Cameroon, Burkina Faso, Mali, Libya, Egypt, Eritrea, Sudan, Sfax, Tunisian, African, Greece, Rome

☆ China has the capacity to build PLA combat ships at 200 times the rate that the US can, per leaked US Navy intelligence
▼ + stars: | 2023-09-15 | by ( Kwan Wei Kevin Tan | ) www.businessinsider.com time to read: +3 min

China's shipbuilding capacity has dwarfed US capabilities, per leaked US Navy intelligence. A Navy spokesperson confirmed the leaked material's authenticity to Fox News Digital. China has the world's largest navy and could have a fleet of 440 ships by 2030, per the Pentagon. A leaked US Navy briefing slide with the information circulated online in July, per The War Zone, an online newsletter. AdvertisementAdvertisementA US Navy spokesperson told Fox News Digital in an article published on September 14 that the briefing slide is authentic.

Persons: Defense Mark Esper, Esper Organizations: Navy, Fox News Digital, Pentagon, Service, US Navy, USN Naval Force, Office of Naval Intelligence, US Naval Institute, Center for Strategic, International Studies, Defense, RAND Corporation, of Naval Intelligence Locations: China, Wall, Silicon

☆ Elon Musk's control of Starlink gives him unchecked power over elected governments
▼ + stars: | 2023-09-13 | by ( Charles R. Davis | ) www.businessinsider.com time to read: +9 min

Elon Musk's control over Starlink is in the spotlight after he thwarted a Ukrainian attack. "If the Ukrainian attacks had succeeded in sinking the Russian fleet, it would have been like a mini Pearl Harbor and led to a major escalation," Musk told Isaacson. (Musk later reassured a Russian ambassador that Ukraine would not be able to use Starlink for offensive operations, according to Isaacson). AdvertisementAdvertisementAs Ukrainian officials see it, sinking Russia's fleet, if that was indeed a possibility, would have prevented hundreds of missiles from raining down on the country's infrastructure, and spared civilian lives. Even if it wanted to change Musk's mind, it is not clear that it can actually compel him to do anything when it comes to Ukrainian attacks on territory controlled by Russia.

Persons: Elon, Musk, —, Walter Isaacson, Isaacson, Starlink, Biden, Pettyjohn, it's, Paul Hennessy, David Frum, George W, Bush, Nicholas Grossman, Grossman, Joe Biden, Josh Marshall, cdavis@insider.com Organizations: Service, SpaceX, Fleet, Russian, Pentagon, Ukraine, Center, New, New American Security, Defense Department, Falcon, Getty, University of Illinois, Daily, Washington, Twitter Locations: Wall, Silicon, Sevastopol, Crimea, Ukraine, Crimean, Russian, Sevastopol —, United States, New American, Washington, Ukrainian, Russia

☆ China Is Flooding the World With Cars
▼ + stars: | 2023-09-06 | by ( Keith Bradsher | More About Keith Bradsher | ) www.nytimes.com time to read: +1 min

At a time when many of China’s exports are faltering and its consumers are spending less at home, the country is flooding the world with cars. Chinese automakers have leaped to dominance in Russia since war began in Ukraine, transporting cars by train. The companies have also captured large shares of markets in Southeast Asia, Australia, South America and Mexico. With lingering Trump-era tariffs holding back sales to the United States, China’s automakers are preparing a big push into Europe — once they have enough ships. Shipyards along the Yangtze River are building a fleet of car-carrying ships that act as giant floating parking lots, capable of carrying 5,000 or more cars at a time.

Persons: Europe — Organizations: Shipyards Locations: China, Russia, Ukraine, Southeast Asia, Australia, South America, Mexico, United States, Europe

☆ A sunken World War 1-era wooden ship potentially the size of a football field was discovered in a Texas river by a man on a jet ski after severe drought revealed the wreckage
▼ + stars: | 2023-08-30 | by ( Kelsey Vlamis | ) www.businessinsider.com time to read: +5 min

The wreckage turned out to belong to a large, wooden ship built during World War 1. The Texas Historical Commission said more than two dozen of these sunken ships are in Texas rivers. Milner sent photos of his find to the local Ice House Museum, which then contacted the Texas Historical Commission. AdvertisementAdvertisementTexas Historical Commission sonar data from 2019 showing the submerged hulls of two of the abandoned World War I vessels in the Neches River. The Texas Historical Commission said in a statement on Facebook that "the summer heatwave and low rainfall" revealed the hidden shipwreck.

Persons: Bill Milner, Milner, Sabine Rivers, Amy Borgens, Sabine, Borgens, Susan Kilcrease, Kilcrease Organizations: Texas Historical Commission, Service, Ice House Museum, The, The Texas Historical Commission, US Shipping Board Emergency Fleet Corporation, Facebook, Ice, US Shipping Board, Emergency Fleet Corporation, Texas Standard, . Texas Historical Commission, US Drought Monitor Locations: Texas, Wall, Silicon, The Texas, Sabine, Beaumont , Texas, . Texas, Beaumont

☆ State-owned VTB bank to control Russia's biggest shipbuilding firm for five years
▼ + stars: | 2023-08-10 | by ( ) www.reuters.com time to read: +2 min

[1/3] Russian President Vladimir Putin attends a meeting with CEO of VTB bank Andrei Kostin in Moscow, Russia, August 10, 2023. Sputnik/Mikhail Klimentyev/Kremlin via REUTERSSummaryCompanies VTB to control United Shipbuilding Corporation for five yearsVTB boss Kostin says the news is unexpectedPutin says there are problems at USCMOSCOW, Aug 10 (Reuters) - President Vladimir Putin said on Thursday that the state-owned VTB (VTBR.MM) bank would be given control of the state's 100% stake in United Shipbuilding Corporation (USC), the largest shipbuilding company in Russia. Trade and Industry Minister Denis Manturov specified that VTB would manage the stake in trust for five years. United Shipbuilding Corporation builds vessels for both the civilian and military sectors, operating about 40 shipyards, design offices and repair yards across Russia and employing 95,000 staff. Putin told VTB CEO Andrei Kostin at a televised Kremlin meeting that he supported a government proposal to transfer the stake.

Persons: Vladimir Putin, Andrei Kostin, Mikhail Klimentyev, Kostin, Putin, Denis Manturov, Vladimir Vladimirovich, Manturov, Guy Faulconbridge, Kevin Liffey Organizations: Sputnik, United Shipbuilding Corporation, USC MOSCOW, USC, Trade, Industry, Kremlin, USC JSC, VTB Bank, Thomson Locations: Moscow, Russia, Kremlin

"It is not going to be easy for them (Russia)," said one industry executive with knowledge of grains exports. Last year, Russia exported a record volume of wheat on ships chartered from international companies and traders. "Most of what is coming out is dealt with by Russian traders using (shadow) fleet ships, which international traders would not touch". The Black Sea remains a critical area for Russian exports, with other locations more complicated and costly. Russia's Black Sea terminals handle about 70% of the country's grain exports.

Persons: Vladimir Putin, Eduard Zernin, Zernin, Cargill, Louis Dreyfus, Viterra, Dreyfus, Bunge, Denmark's, Mike Salthouse, Rosagroleasing, Victoria Mitchell, Jonathan Saul, Nigel Hunt, Polina Devitt, Gus Trompiz, Frank Jack Daniel Our Organizations: General's, REUTERS, Russia's, Grain, Reuters, International Grains Council, Russian, Control, Thomson Locations: Russian, Odesa, Ukraine, Russia Russia, Moscow, Africa, Novorossiysk, Russia's Union, Russia, Turkey, China, Denmark's NORDEN, Bulgaria, Romania, United States, Europe, Taman, Russia's, ., London, Paris

The company has also begun offering retired workers meals at the canteen so they can share knowledge of recently re-started lines producing Soviet-era ammunition for Ukraine, he added. Jiri Hynek, president and executive director of the Defence and Security Industry Association (DSIA) of the Czech Republic, told Reuters a lack of workers could push production out of central Europe. The association, which represents more than 160 companies, said exports accounted for around 90 percent of the industry's production of weapons and military-related supplies. Of that, Hynek estimated that supplies of military equipment to Ukraine accounted for 40% of exports. PITCHING PATRIOTISMOther sectors in Poland – emerging Europe's biggest economy – and the Czech Republic have struggled in recent years to find workers: a situation that has driven up labor costs and dampened growth.

Persons: David Hac, Hac, Jiri Hynek, Hynek, Lukas Visingr, Artur Zaborek, Zaborek, Michael Kahn, Anna Koper, Daniel Flynn Organizations: Europe's, STV, Reuters, European Union, Defence and Security Industry Association, WB Group, Central, Stockholm International Peace Research Institute, Thomson Locations: PRAGUE, WARSAW, Europe, Poland, Czech Republic, Ukraine, Policka, Prague, Czech, Central Europe, Stockholm, Poland's

☆ War with China would be an 'onslaught' like the US hasn't faced in decades
▼ + stars: | 2023-07-27 | by ( Jake Epstein | Jacob Zinkula | ) www.businessinsider.com time to read: +15 min

War would also have severe consequences for China and US allies in the Western Pacific. Any war with China would be fought on multiple fronts — from the air and sea to the web and financial markets. The US maintained this capacity for decades, but America's manufacturing prowess has atrophied since the end of the Cold War. Control of the Pacific would be a crucial part of any war with China, and Beijing boasts the world's largest navy. Cash warsWhile a military conflict between the US and China is only a hypothetical, the two countries are already competing on the economic battlefield.

Persons: Joe Biden, Mark Milley, Dan Blumenthal, it's, Blumenthal, Ujian, didn't, Glenn O'Donnell, Forrester, stymie, Ann Wang, William Alan Reinsch, Reinsch, Russia —, Scott Kennedy, Kennedy, aren't, Ramping, Jake Epstein, Jacob Zinkula Organizations: US, Joint Chiefs of Staff, Armed, US Navy, American Enterprise Institute, US Department of Defense, US Marine Corps, Pentagon, Navigation Plan, Ford, Nimitz, Center for Strategic, International Studies, Beijing, Russia, Columbia University, Marine Locations: China, Western, Beijing, Pacific, Taiwan, South China, America, Nebraska, Pearl, Normandy, Mongolia, Ukraine, Russian, Nanchang, Liaoning, Shandong, Fujian, wean, Washington, United States, Japan, Philippines, Netherlands

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