Fincantieri and TKMS Submit Joint Submarine Proposal for Philippine Navy
Italian shipbuilder Fincantieri and Germany’s ThyssenKrupp Marine Systems (TKMS) have signed an Industrial Cooperation Agreement to jointly offer U212-class submarines to the Philippine Navy. The agreement is part of the companies’ broader strategy to participate in...
Vietnam to Increase US Defense and Security Imports Amid Looming Tariffs
Facing a potential 46% U.S. tariff on its exports, Vietnam has announced plans to boost imports of American defense and security products in an effort to address its substantial trade surplus with the United States, which exceeded USD 123 billion in 2024. Prime...
UAE’s Bin Zayed International Invests USD 500 million Sustainable Aviation Fuel Refinery in Malaysia
UAE-based Bin Zayed International Group (BZI) and Malaysia’s FatHopes Energy (FHE) have announced a landmark partnership with a MYR 2.19 billion (USD 500 million) investment to establish one of the world’s most advanced sustainable aviation fuel (SAF) refineries in...