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Asia

UK and Indonesia agree $5.2 billion maritime deal to boost Indo-Pacific security

Web Staff -
UK and Indonesia have agreed to $5.24 billion (£4 billion) maritime deal, led by British defense firm Babcock.
Defense

Turkiye to build three Corvettes for Malaysian Navy

TVI -
Turkey and Malaysia signed a historic agreement for the construction of three vessels for the Royal Malaysian Navy
Asia

Indonesia signs $1.3 billion deal with Italian shipbuilder Fincantieri for two multipurpose offshore patrol vessels

TVI -
Italian shipbuilder Fincantieri signed a $1.3 billion (€1.18 billion) contract on March 28 to supply the Indonesian Navy with two 4,900-ton PPA ships.
Defense

Turkish Navy strengthens fleet with four new domestically-built naval vessels

TVI -
Turkey integrated new maritime platforms, including its inaugural sea drone equipped with electronic warfare capabilities, as part of ongoing efforts to enhance its naval forces.
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Latest News

BusinessTVI -

UAE to leave OPEC on May 1 in blow to oil cartel amid oil market turmoil

United Arab Emirates will withdraw from Organization of the Petroleum Exporting Countries (OPEC) on May 1, 2026
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