Singapore: India and China will order 100 new naval ships and submarines each by 2032 due to changing global security environment and increasing reliance on the sea for trade in the strategic region, according to a US-based naval consultancy. The new orders would include nuclear and conventional submarines and new aircraft carriers, a balanced mix of destroyers, frigates, smaller units, amphibious and logistics vessels, Coast Guard and maritime patrol forces, said Bob Nugent, the vice-president of AMI International.
The two countries combined would account for 30 by volume and 45 per cent by value of the 1048 naval vessels, worth about $200 billion, to be ordered by the Asia Pacific countries in next 20 years, he said. "We see the Asia Pacific market as about $200 billion worth of new ships and submarines," he said. The region has become second to the US.
"The Asia Pacific submarine investment is significant, with 100 to be ordered over 20 years, making it the single region buying more submarines than anywhere else in the world," Nugent told a press conference of the International Maritime Defence Exhibition & Conference to be held here on May 14-16.
Comparatively, the US was projected to order 453 naval vessels, or about 14 per cent of the global orders, between 2012 and 2032. South Korea, Japan and Australia were expected to acquire 220 new vessels worth USD 62 billion during the next 20 years....
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03:02 PM, May 13, 2013
New Delhi: The Navy is planning a major expansion of its strategic Karwar naval base in Karnataka where it will berth its Russian-origin aircraft carrier Admiral Gorshkov and carry out military aircraft operations. The Navy plans to deploy the Admiral Gorshkov, Scorpene submarines and a number of surface ships at the base after the completion of the over Rs 10,000 crore project there. A proposal in this regard is expected...
09:59 AM, Jul 08, 2012
Berlin: As tensions mount in the Gulf over Iran's nuclear ambitions, Israel is reported to have armed its new fleet of submarines supplied by Germany with nuclear tipped cruise missiles. Three "Dolphin" class diesel-electric submarines delivered to Israel recently by the Howaldswerke Deutsche Werft (HDW) shipyard had been armed with medium-range missiles carrying nuclear warheads, Der Spiegel magazine reported. Israel, according to a western estimate, is the Middle East's soul,...
01:02 PM, Jun 04, 2012
Visakhapatnam: Indian Navy is all set to operate five nuclear submarines by the end of this decade, including two leased from Russia and three built indigenously. According to Defence Minister A K Antony, India is considering a proposal to induct another nuclear submarine built in Russia and has plans of indigenously building two more Arihant Class underwater vessels to guard its maritime boundaries. The Navy on Wednesday formally commissioned the...
06:07 PM, Apr 05, 2012
New Delhi: The first operational nuclear attack submarine INS Chakra has been inducted into the Indian Navy in Visakhapatnam on Wednesday. Speaking on the occasion, Defence Minister AK Antony said that the INS Chakra will ensure security and sovereignty of the country. Antony formally commissioned the Akula II class Nerpa rechristened INS Chakra into the Navy at the Ship Building Complex. India has earlier leased and operated Charlie Class Russian...
11:48 AM, Apr 04, 2012
New Delhi: Defence Minister Antony will formally unveil the Indian Navy's first operational nuclear attack submarine INS Chakra in Visakhapatnam on Wednesday. After a gap of two decades, India is all set to join the elite club of nations having nuclear powered submarines with the induction of the Russian-origin 'Nerpa' into the Navy. Antony will formally commission the Akula II class Nerpa rechristened INS Chakra into the Navy at the...
09:01 AM, Apr 04, 2012
New Delhi: With India set to induct the Russian 'Nerpa' nuclear submarine next week, DRDO Chief VK Saraswat on Saturday said the INS Arihant-- the indigenous nuclear under-water vessel, would be launched for operations in the near future. "INS Arihant is in advanced stages. It will be ready for operations in next few months... It (the nuclear reactor) is not critical yet," DRDO Chief VK Sarswat told a press conference....
03:40 AM, Apr 01, 2012
New Delhi: Terming the proposed induction of two nuclear submarines into the Indian Navy as a "cause of great concern", Pakistan has said it is taking "necessary measures" to restore the strategic balance in the emerging situation. Pakistan Navy Chief Admiral Muhammad Asif Sandila said Islamabad can neither afford nor plans to match the Indian Navy in terms of numerical strength. "The strategic dimension of India's naval buildup is a...
03:49 PM, Feb 25, 2012
Visakhapatnam: In order to strengthen India's naval fleet, 49 ships would be inducted into the navy in the next five years, Flag Officer Commanding-in-Chief of Eastern Naval Command, Vice Admiral Anil Chopra said on Saturday. Addressing a press conference on board INS Shakti, a fleet tanker of the Indian Navy on Saturday, Chopra said that the navy presently has 132 ships, including 14 submarines. "49 ships and submarines, which are...
03:39 AM, Dec 04, 2011
New Delhi: Navy Chief Admiral Nirmal Verma on Friday said that Chinese submarines with long-range missiles are a matter of concern for India. He said that the Indian Navy is looking at upgrading its fleet soon. "Navy is looking at 150 ships fleet and 1000 aircraft and helicopters by 2025. Kakinada in Andhra Pradesh is being considered for raising an Amphibious training facility," Admiral Verma said. The Admiral admitted that...
04:41 PM, Dec 02, 2011
Singapore: India is to invest $46.96 billion as part of moves to boost up its naval forces over the next 20 years adding 101 new warships, ranging from sophisticated destroyers to nuclear submarines. "Going by the investment value, India is expected to build sophisticated destroyers, new generation and new radar vessels, nuclear submarines, and amphibious ships," Naval analyst Bob Nugent and vice president of the United States-based AMI International, said...
11:27 AM, May 17, 2011
N-armed submarines from Britain and France collided under Atlantic Ocean. ...
07:03 PM, Feb 16, 2009
Chennai: Just six days after its national team sparked nationwide celebrations by winning the World Cup, India's obsession with cricket will switch to the start of the money-spinning Indian Premier League when the Twenty20 event gets under way on Friday. The euphoria since India beat Sri Lanka to secure the 50-over world title on Saturday can only be good news for the fourth edition of the IPL, which starts in...
09:15 AM, Jan 12, 2008
Nagpur: New Zealand captain Daniel Vettori feels that losing seven wickets on curtailed first day's play of the third and the final Test became decisive in the end. I think after winning the toss, scoring just 193 put us under a lot of pressure. And on Tuesday morning we bowled so well and took three wickets but couldn't capitalise on that. Dhoni and Dravid played exceptionally well. There were lots...
09:48 PM, Nov 07, 2007
German officials have said the contract for the new submarines was signed on July 6. ...
01:25 PM, Aug 25, 2006
