John Hyten, the nominee to head US Strategic Command (STRATCOM), vowed in a congressional testimony to work with lawmakers to end the United States’ dependence on Russian-built RD-180 rocket engines. The RD-180 engines under consideration in the 2017 budget help provide a bridge to the next generation launch vehicles being developed, Hyten said. “I pledge…Details
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During the long-range cruise, the Smolny training ship with cadets of military naval schools of the Russian Defense Ministry has visited Malta and is now heading to Baltiysk, says press center of RF Defense Ministry. The crew replenished the supplies, performed maintenance examination of the Smolny, had a rest at the port and got acquainted…Details
Ukraine’s State Fish Agency expects that under a EUR 400 million agreement with the European Investment Bank (EIB) some EUR 130 million would be provided for projects in aquaculture and fishing industry. According to a press release of the agency, parliament has ratified the agreement between the EIB and Ukraine to raise EUR 400 million…Details
International rating agency Standard & Poor’s (S&P) has improved its outlook on BB+ long-term ratings of Russia’s second largest bank VTB Bank in national and foreign currencies to stable from negative, the agency said in a statement. The agency’s move toward VTB ratings also covers VTB’s affiliates VTB Leasing, VTB Leasing Finance, VTB Capital, VTB…Details
Russian oil giant Rosneft has deactivated its Lisichansk refinery in east Ukraine, Rosneft CEO Igor Sechin said. “We are deactivating this plant for the time being. We have admitted part of the refinery’s personnel for work at Rosneft. Over 60 people have come to us”, Sechin said. “Our decision is to preserve all assets”, Sechin…Details
Port Pevek (Chukotka Autonomous District) has accepted the first convoy of vessels delivering materials and equipment for the world’s first floating nuclear power plant (FNPP). PR Department of Rosenergoatom Concern JSC says M/V Constanta and M/V Anisimov have delivered construction machinery and over 6,000 tons of metal structures. 68 anchor piles with the diameter exceeding…Details
Khabarovsk Territory authorities call on expansion of porto franco regime to Sovetskaya Gavan district adjacent to Vanino district which is already within the free port limits. According to the press center of the Khabarovsk Territory Government, this has been discussed at the first meeting of the Committee of the Vladivostok Free Port Supervisory Board. The…Details