As global reliance on subsea infrastructure grows, so do the risks. Discover how safeguarding undersea assets opens new frontiers for innovation and investment.Importance of Subsea InfrastructureSubsea infrastructure plays a critical role in maintaining the operational continuity of the modern society and the global economy.
The damaging of two undersea telecoms cables in the Baltic Sea should be presumed to be sabotage, Germany said on Tuesday, while Lithuania's armed forces boosted surveillance of its waters in response."No one believes that these cables were cut accidentally. I also don't want to believe in versions that these were ship anchors that accidentally caused the damage
New EU and British sanctions are based on false claims of missile transfers to Russia and are "unjustified", Iran Foreign Ministry spokesperson Esmaeil Baghaei said on Tuesday.Brussels on Monday added the Islamic Republic of Iran Shipping Lines (IRISL) and its director to its list of sanctions on Iran, which it said were a consequence of Tehran's support of Russia in its war with Ukraine.
Australia offers a secure alternative supply for critical minerals vital to industry, its trade minister Don Farrell said on Thursday, in the face of rising concerns about Beijing's dominance of the sector.China's decision in April to suspend exports of a wide range of rare earths and related magnets crucial to sectors ranging from automakers to aerospace and defence was widely seen as Beijing
The EU and Britain announced new sanctions against Russia on Tuesday without waiting for Washington to join them, a day after President Donald Trump's phone call with Vladimir Putin brought about neither a ceasefire in Ukraine nor fresh U.S. sanctions.London and Brussels said their new measures would zero in on Moscow's "shadow fleet" of oil tankers and financial firms that have helped it avoid
Ukraine wants the Group of Seven advanced economies to reduce its price cap on Russian seaborne oil to $30 per barrel, Foreign Minister Andriy Sybiha said on Tuesday.The current G7 price cap, imposed over Russia's war in Ukraine, is $60 per barrel."The oil price cap, from our point of view, our position (is the) reasonable price cap (is) 30 dollars
Greece has submitted plans to the EU setting out how it will organise maritime activities such as fishing, tourism and offshore energy after years of delays that drew rebuke from the European Commission.In February the EU Court of Justice ruled that Greece had violated EU regulations by failing to draft a maritime spatial plan by March 2021.
Ferry shipping executives have called for broader shore power funding at Interferry’s European Shipping Summit Seminar.Access to onshore power supply for ferries and ships is crucial for the further development and implementation of sustainable battery-based propulsion, and ultimately the decarbonization of the maritime sector.
Captains of ships that damage underwater infrastructure in the Baltic Sea such as telecoms cables or pipelines should be put under EU sanctions to deter such acts, Polish Foreign Minister Radoslaw Sikorski said on Thursday.Sikorski said Poland, which holds the European Union's rotating presidency, wanted the proposal to be part of the next
The European Community Shipowners’ Associations (ECSA) has welcomed the Bulgarian Shipowners Association as a full member as of January 1, 2025.The Bulgarian Shipowners Association (BSA) becomes the 22nd member of ECSA.“We are proud to welcome the Bulgarian Shipowners Association as a new member of ECSA.
Residents near the port of Lisbon and elsewhere hope plug-in infrastructure can take some of the pain out of sharing their cities with cruise ships that belch out fumes while pleasure-seeking passengers see the sights.European Union rules designed to reduce carbon emissions have focused attention on the issue by setting a 2030 deadline for maritime ports to have installed the infrastructure