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Get your daily dose of industry news, market updates and developments from the IMDEX Asia NewsByte!

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Navy will play larger role in China’s national defence: Retired Chinese admiral

06 Mar 2017

Source: Today Online

China focusing on their southern waters.

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06 Mar 2017

China confirms 7% increase in 2017 defence budget

06 Mar 2017

Source: Channel News Asia

China to increase defence budget by 7%

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06 Mar 2017

There Are the 5 Best Aircraft Carriers in Naval History

28 Feb 2017

Source: National Interest

Find out what are the best aircraft carriers in history!

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28 Feb 2017

UAE looking to cut industry red tape, position country as global maritime hub

28 Feb 2017

Source: Seatrade Maritime

To become one of the world's leading maritime hub, UAE's Federal Transport Authority to improve maritime systems.

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28 Feb 2017

Rolls-Royce Wins USCG OPC Propulsion Contract

28 Feb 2017

Source: Marinelink

Rolls-Royce will provide an extensive range of equipment, including MTU marine generator sets, to a new fleet of U.S. Coast Guard Offshore Patrol Cutters (USCG OPC).

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28 Feb 2017

The Chinese Navy Has Unveiled Plans for a Futuristic New Warship

27 Feb 2017

Source: Futurism

These vessels have three hulls: a big central one up front and two others connected by decks in the rear. This design gives the ships a wider deck, which allows them to accommodate more helicopters and other vertical take-off and landing (VTOL) systems, as well as achieve higher speeds by reducing drag.

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27 Feb 2017

Deals this week: Lockheed Martin, Nova Integrated Systems, DRS Technologies

24 Feb 2017

Source: Naval-Technology

Nova Integrated Systems Limited has won a $29.76m deal to supply a set of 24 surface surveillance radars to the Indian Navy.

The radars are planned to be installed on board existing vessels as well as future newbuilds.

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24 Feb 2017

Singapore-flagged ship 'Varada Blessing' sells on Taobao - for S$16.7 million

22 Feb 2017

Source: Channel News Asia

Singapore-flagged vessel was auctioned off on online shopping platform Taobao.com for 81 million yuan (S$16.7 million). The listing drew more than 30 thousand viewers online and 19 offers from six bidders.

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22 Feb 2017

Severe skills shortage preventing maritime industry from harnessing Big Data

22 Feb 2017

Source: Networks Asia

According to Sea Asia 2017, half of the leaders recognise the need for more skilled professionals, especially with the industry moving towards smart shipping, while 83% highlighted the importance of focusing on developing the skills of current employees. The evolution of technology means that the competitive landscape for the maritime industry is changing quickly. It is crucial for the industry to come together and collaborate with one another.

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22 Feb 2017

Indian Navy seals deal with Tata firm to buy surveillance radars

17 Feb 2017

Source: Livemint

The Indian Navy sealed a Rs200-crore deal with Tata subsidiary Nova Integrated System for procurement of over two dozen surveillance radars

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17 Feb 2017
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