Category: Headlines

Enormous: Suez Canal turnover at 7 billion US dollars

Enormous: Suez Canal turnover at 7 billion US dollars

Gepostet von | 28 May 2022 | , , , | 0

Egypt expects the Suez Canal's revenues to reach around 7 billion US dollars by the end of the current fiscal year, Finance Minister Mohamed Maait said on 21 May. Tourism revenues are expected to reach between 10 and 12 billion US dollars by then, despite the Ukrainian crisis, he added. The Egyptian budget year runs from 1 July to 30 June. The canal is the fastest shipping route between Europe and Asia and one of the Egyptian government's main sources of foreign exchange. Source: Thomson Reuters 2022/...

Weiterlesen
Croatia offers Adriatic ports for the transport of Ukrainian grain

Croatia offers Adriatic ports for the transport of Ukrainian grain

Gepostet von | 27 May 2022 | , , , , | 0

The European Commission introduced the so-called "solidarity routes" at the beginning of May to improve connections between the EU and Ukraine for grain exports, while Ukrainian ports remain blocked due to the Russian invasion. Croatia's Adriatic ports could provide an alternative route for the transport of grain from Ukraine, Jutarnji List reported, citing the State Secretary of the Croatian Ministry of European and Foreign Affairs. Following his participation in the General Affairs Council of EU27 ministers in Brussels on 23 May, Andreja Metelko Zgombić said: "During the debate, I pointed out that Croatia's Adriatic ports are available and could offer an alternative route for...

Weiterlesen
Strategy is not a supreme discipline in Germany

Strategy is not a supreme discipline in Germany

Gepostet von | 27 May 2022 | , , | 5

8th Maritime Colloquium of the German Maritime Institute in Wilhelmshaven When the President of the German Maritime Institute (DMI), retired Rear Admiral Karsten Schneider, closed the DMI's 8th Maritime Colloquium with these words, it was possible to look back on a series of challenging presentations and panels. On 24 May 2022, maritime security experts gathered at the Atlantic Hotel Wilhelmshaven to discuss the topic: "The German Navy facing new tasks - new challenges - new capabilities?". The organiser was supported by the German Navy's Operational Flotilla 2, the griephan information service, the German Naval Association, the German Armed Forces Association and the German Atlantic Society. It was...

Weiterlesen
Operational drive on the northern flank

Operational drive on the northern flank

Gepostet von | 27 May 2022 | , , , | 0

"Mecklenburg-Vorpommern" left Wilhelmshaven for a mission without the usual fuss. Although family members and the music corps were present, there have been no official press invitations for the time being since the outbreak of the Ukraine crisis. Parliamentary State Secretary Siemtje Möller and her Slovakian counterpart Marian Majer were present at the farewell ceremony, as a Slovakian team is also on board. "Following an interim overhaul, the ship and crew have now completed a good nine months of operational training with a clear focus on national and alliance defence tasks," said frigate captain Hendrik Wißler, according to a statement from the navy. The task now is to utilise these capabilities as part of the rapid...

Weiterlesen
The sinking of the "Moskva"

The sinking of the "Moskva"

Gepostet von | 26 May 2022 | , , , | 0

The Russian guided missile cruiser "Москва", "Moskva", hull number 121, sank on 14 April 2022. The previous afternoon, information spread that the lead ship of the Russian Black Sea Fleet had been hit by coast-to-ship missiles. The Ministry of Defence in Moscow confirmed the sinking without mentioning the missile fire. Tass reports that ammunition exploded as a result of a fire, causing severe damage. The crew was evacuated, it added. Attempt at an analysis The hype surrounding the sinking of the cruiser, already stylised as a battleship by some media, is dying down. A salvage ship, the 110-year-old "Kommuna", was launched (MFO reported). The Russian...

Weiterlesen
en_GBEnglish
de_DEGerman en_GBEnglish