Russian Nuclear Borey-class Submarine Almost Ready
A second Borey-class nuclear-powered submarine, the 'Alexander Nevsky', will most likely be delivered to the Russian Navy around the end of November or early December this year, reports Ria Novosti, citing Russia’s United Shipbuilding Corporation. The state sea trials of the Alexander Nevsky were suspended in September, 2013, following an unsuccessful launch of a Bulava submarine-launched ballistic missile from the submarine.
Shipbuilding Firm OSX to File for Bankruptcy
The empire of the Brazilian businessman Eike Batista has taken another hit, as his shipbuilding firm OSX states it would file for bankruptcy, reports the 'New York Times' via Agence France-Presse. According to the newspaper, OSX’s board of directors released a statement that it had decided to apply for court-supervised restructuring, also that Ivo Dworschak Filho would replace Marcelo Gomes as chief executive…
Gulf Naval Commanders Identify Security Challenges
At the recent Arabian Gulf Naval Commanders (GCC) conference in Abu Dahbi regional issues were discussed against a background understanding that the location of the Gulf creates a number of security challenges in the maritime domain, including the disruption of the flow of goods & services and piracy attacks, reports 'The National'. Navy commanders pointed out that as globalisation and the importance of the sea for world trade increases…
