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Hunting yachts part II

The Washington Post literally called it "schadenfreude at sea" - Oligarchs already trying to "go dark" There seems to be something satisfying about following the movements of luxury yachts online, as people around the globe gloat about what problems the oligarchs are having and use Twitter, for example, to gleefully post the names, locations, ownership and current status of various yachts. People are watching and reporting on how governments around the world are seizing the assets of Russian oligarchs as part of the sanctions for Russia's invasion of Ukraine. While money can often be hidden and moved between offshore bank accounts, it is more difficult to seize a mega yacht...

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Vice Admiral Jan C. Kaack is the new Inspector of the Navy

Today, 11 March 2022, Vice Admiral Jan Christian Kaack (59) was officially appointed as the new Inspector General of the Navy. The command of the German Navy was handed over to him by the Inspector General of the Bundeswehr, General Eberhard Zorn (62), at the Mürwik Naval Academy. Subsequently, Rear Admiral Frank Lenski (60), the current Chief of Staff at the Naval Command, was appointed Commander of the Fleet and Support Forces and Deputy to the Chief of Naval Operations. 220311_General-Zorn-and-VAdm-Kaack-with-Wife-Dr-Gesche-Kaack-Marcel-Kröncke_018_webGeneral Zorn and VAdm Kaack with Mrs Dr Gesche Kaack, photo Marcel-Kröncke. Gesche Kaack, photo: Marcel Kröncke 220311_General_Zorn_KADm_Lenski_Ute_Lenski_Marcel_kroencke_011_webGeneral Zorn KADm Lenski, Mrs Ute Lenski, photo: Marcel Kröncke 220311_Appointment_Inspector_marcel_kroencke_014_webAppointment of the Inspector, photo: Marcel Kröncke 220311_Address_General_Eberhard_Zorn_016_webAddress General Eberhard Zorn, photo:...

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Hunting for yachts

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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DWT Symposium Prospects for the defence industry 2022

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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The conflict and its impact at sea  

Many of the world's leading shipping lines, such as Kühne + Nagel and DHL, have cancelled their services and bookings to and from Russia. Liner shipping companies such as MSC, Maersk, CMA CGM and Hapag-Lloyd have already cancelled their services to and from Russia as a result of the Russian invasion of Ukraine and the sanctions imposed on Russia. The world's largest sea freight forwarder Kühne+Nagel is also suspending all import shipments to the Russian Federation "with immediate effect", "with the exception of pharmaceutical, healthcare and humanitarian shipments". DHL explains that it will not accept any shipments to these countries. For the safety of its employees, DHL has also closed its offices and operations in...

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