Shipbuilding

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

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.
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Latest News

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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