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    OFFSHORE PATROL VESSEL

    GRSE secures export order worth $54 mn from German co for commercial vessels

    Defence PSU Garden Reach Shipbuilders and Engineers (GRSE) Ltd has signed a $54 million contract with Germany-based shipping company Carsten Rehder Schiffsmakler und Reederei GmbH and Co. KG for the construction and delivery of four multi-purpose cargo vessels. The vessels, each 120 meters in length and 17 meters in width, will carry 7,500 metric tonnes of cargo.

    Rs 5077 crore FDI reported by companies operating in defence sector: Govt

    FDI worth Rs 5077 crore has been reported by companies operating in the defence sector. The FDI limit in the defence sector was enhanced in 2020 up to 74% through the automatic route and up to 100% by the government route. The defence industry sector was opened up for private sector participation in 2001.

    55-60 ships ensure security every day: Coast Guard DG

    The Indian Coast Guard is actively addressing the recent surge in piracy incidents by intensifying patrolling and leveraging advanced surveillance techniques. On any given day, 55-60 surface assets are deployed at sea to ensure the safety of traffic.

    Indian warship rescues 19 Pak fishermen

    Indian Navy warship INS Sumitra carried out its second consecutive rescue mission by freeing a hijacked Iranian fishing vessel and securing the release of 19 Pakistani hostages. The navy also assisted in the rescue of a hijacked Sri Lankan fishing vessel, supporting the Seychelles Defence Forces. INS Sumitra intercepted fishing vessel Al Naeemi after receiving a distress call about pirates off the Somalian coast. The warship disarmed 11 Somali pirates and rescued the fishermen. The actions will subdue piracy attempts in the Gulf of Aden.

    BEL receives additional orders worth Rs 1034.31 crore

    The Bengaluru-based company had also received an order worth Rs 339.31 crore, related to Combat Management System, Composite Communication System, Transmit / Receive Modules, Mobile Autonomous Stabilization System and other spares / services. Its cumulative orders are now up to Rs 27,647.31 crore for the current fiscal year 2023-24.

    Chinese military irked by Indian naval ship's drills with Philippines navy

    China is growing uneasy about military collaboration between the Philippines and other nations. Recent confrontations between Chinese coastguard ships and the Philippine navy in the disputed South China Sea, claimed by both Beijing and Manila, highlight Beijing's efforts to assert control. The Philippines Navy reported instances of Chinese ships employing water cannons against its vessels.

    The Economic Times
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