Category: Headlines

Putin's war: impact on the global economy

Putin's war: impact on the global economy

Gepostet von | 10 Mar 2022 | , , | 0

Putin's war - effects on the global economy So far, the image of the land war has dominated the political and media perception of the invasion of Ukraine by Russia on 24 February 2022: the world marvels at the endless columns of Russian combat vehicles and support forces and follows the Ukrainian people's defensive struggle spellbound. The news and images of the economic and maritime side of this conflict are lost in the drama. In his news article "Putin's war against Ukraine", Prof Dr Uwe Jenisch provides an initial overview of the expected impact on shipping and trade here at MarineForum online: Maritime trade with Russia The deliveries...

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Hunting for yachts

Hunting for yachts

Gepostet von | 10 Mar 2022 | , , , | 0

Russian oligarchs try to keep their toys safe There is increasing news about Russian super-rich who can no longer keep their yachts safe. Most of the Russians on the annual Forbes list of billionaires have not yet been sanctioned by the United States and its allies, and their superyachts are still cruising the world's oceans. For Russian oligarchs, a superyacht is essential because it is part of the image, a prerequisite. There is also a kind of arms race to see who has the biggest, longest and most elaborate yacht. That's why the gentlemen are being hit in a sensitive spot - the sanctioning has begun:...

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German Navy: "We brought out everything that floats"

German Navy: "We brought out everything that floats"

Gepostet von | 10 Mar 2022 | , , , | 3

The conflict in Ukraine has led to a deployment of the German Navy on an unprecedented scale. As the future inspector of the navy, Vice Admiral Jan Christian Kaack, said, a total of 24 ships are deployed in the Mediterranean and the Baltic Sea, including three frigates. "We have brought out everything that floats. This allows us to show our presence together with our NATO partners." Among other things, the ships are part of the so-called permanent NATO units. These are at the highest level of combat readiness and the soldiers are optimally...

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Shipyards in crisis

Shipyards in crisis

Gepostet von | 9 Mar 2022 | , , , | 0

The insolvency of the MV Werften Group poses considerable challenges not only for the structurally weak region in north-east Germany. Experts see a threat to the entire German shipbuilding industry. 10 January 2022 will go down as a black day in the recent history of German shipbuilding. On this day, the management of the MV Werften Group, which belongs to the Malaysian Genting Group and has sites in Wismar, Rostock and Stralsund, filed for insolvency. Lloyd Werft in Bremerhaven, which also belongs to Genting, was also affected. The shock was particularly great in Mecklenburg-Western Pomerania, although it was not entirely unexpected. The shock was particularly...

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DWT Symposium Prospects for the defence industry 2022

DWT Symposium Prospects for the defence industry 2022

Gepostet von | 9 Mar 2022 | , , , , | 0

At the symposium 'Prospects for the defence industry', representatives from the official side will meet with representatives from the fields of defence technology and the defence industry. For more than ten years, DWT and SGW have been offering a tried-and-tested dialogue and information platform with this event, which marks the start of the annual programme. Due to the formation of the new government, the date has been postponed to 7 March 2022, and the change in German security policy initiated on 27 February has given the event a new impetus. This gave high-ranking representatives of the Federal Ministry of Defence (BMVg) the opportunity to give an indication of the 'Special Fund Bundeswehr' announced by Federal Chancellor Olaf Scholz....

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