Friday, July 4, 2025
  • Login
Euro Times
No Result
View All Result
  • Home
  • Finance
  • Business
  • World
  • Politics
  • Markets
  • Stock Market
  • Cryptocurrency
  • Investing
  • Health
  • Technology
  • Home
  • Finance
  • Business
  • World
  • Politics
  • Markets
  • Stock Market
  • Cryptocurrency
  • Investing
  • Health
  • Technology
Euro Times
No Result
View All Result

Taiwan inducts new amphibious ship in push to bolster indigenous defence industry By Reuters

by Reuters
September 30, 2022
in Markets
Reading Time: 2 mins read
A A
0
Home Markets
Share on FacebookShare on Twitter


5/5
© Reuters. Taiwan President Tsai Ing-wen attends a delivery ceremony for the Navy’s Yushan amphibious landing dock in Kaohsiung, Taiwan, September 30, 2022. REUTERS/Ann Wang

2/5

By Ann Wang

KAOHSIUNG, Taiwan (Reuters) – Taiwan’s navy took delivery on Friday of a new, domestically made amphibious warfare ship that can be used to land troops and bolster supply lines to vulnerable islands, part of President Tsai Ing-wen’s defence self-sufficiency push.

The 10,600-tonne Yu Shan, named after Taiwan’s tallest mountain, is the latest development in Tsai’s ambitious programme to modernise the armed forces amid increased pressure from China, which claims the island as its own.

Speaking at the delivery ceremony in the southern port city of Kaohsiung, Tsai said the ship was a testament to Taiwan’s efforts to boost production of its own warships and achieve the goal of “national defence autonomy”.

“When it comes to China’s military threats, only by strengthening our self-defence capabilities can there be true peace,” she said. “It is our constant policy and determination to implement national defence autonomy so that the military has the best equipment to defend the country.”

China carried out war games near Taiwan last month to show its anger at a visit to Taipei by U.S. House Speaker Nancy Pelosi, and Chinese military activity has continued though at a much reduced tempo.

Built by state-backed CSBC Corporation Taiwan, the ship is armed with a cannon for use against air and surface targets, anti-aircraft missiles and rapid-fire Phalanx close-in anti-aircraft and anti-missile guns.

CSBC Chairman Cheng Wen-lung said as well as being an amphibious warfare vessel, with space for landing craft and helicopters, it will assume the “main transport role” for the South China Sea and offshore Taiwanese islands that lie close to the Chinese coast, long considered easy targets for China in the event of war.

Though the United States is Taiwan’s most important international arms supplier, Tsai has bolstered the domestic arms industry to try to make Taiwan as self-sufficient as possible.

Although Taiwan’s air force has benefited from big-ticket items such as new and upgraded F-16s, the navy is another of Tsai’s focuses, with submarines in production and a launch in 2020 of the first of a fleet of highly manoeuvrable stealth corvettes.



Source link

Tags: amphibiousBolsterdefenceindigenousinductsIndustrypushReutersshipTaiwan
Previous Post

Researchers allege Bitcoin’s climate impact closer to ‘digital crude’ than gold

Next Post

7 Best Reddit Real Investing Channels to Follow in 2022

Related Posts

Trump’s ‘big beautiful bill’ passes SALT deduction limit of ,000

Trump’s ‘big beautiful bill’ passes SALT deduction limit of $40,000

by Kate Dore, CFP®, EA
July 3, 2025
0

U.S. Home of Representatives Speaker Mike Johnson speaks after the U.S. President Donald Trump's sweeping spending and tax invoice passes,...

Tax deductions and Trump’s ‘big beautiful’ bill: Here’s who benefits

Tax deductions and Trump’s ‘big beautiful’ bill: Here’s who benefits

by Greg Iacurci
July 3, 2025
0

Senate Majority Chief John Thune (R-SD), flanked by Sen. John Barrasso (R-Wyoming), Sen. Mike Crapo (R-Idaho) and Sen. Lindsey Graham...

Will Your Next Credit Card Let You Swipe for Bitcoin?

Will Your Next Credit Card Let You Swipe for Bitcoin?

by Ian King
July 3, 2025
0

On Monday, we talked about how Fannie Mae and Freddie Mac may quickly begin accepting crypto as eligible belongings on mortgage purposes....

Key metrics from Constellation Brands’ (STZ) Q1 2026 earnings results

Key metrics from Constellation Brands’ (STZ) Q1 2026 earnings results

by Staff Correspondent
July 3, 2025
0

Constellation Manufacturers Inc. (NYSE: STZ) reported its first quarter 2026 earnings outcomes. Web gross sales have been $2.51 billion, down...

Santander doubles down on UK presence amid Spain’s banking M&A turmoil

Santander doubles down on UK presence amid Spain’s banking M&A turmoil

by Ruxandra Iordache
July 2, 2025
0

An indication hangs from a department of Banco Santander in London, U.Okay., on Wednesday, Feb. 3, 2010.Simon Dawson | Bloomberg...

Cliff Asness’ AQR sees multiple hedge funds up double digits in 2025, beating the market

Cliff Asness’ AQR sees multiple hedge funds up double digits in 2025, beating the market

by Yun Li
July 2, 2025
0

Cliff Asness.Chris Goodney | Bloomberg | Getty PicturesAQR Capital Administration took benefit of a risky first half of 2025, with...

Next Post
7 Best Reddit Real Investing Channels to Follow in 2022

7 Best Reddit Real Investing Channels to Follow in 2022

Poverty Impacts on Efforts to End Child Marriage, say Parliamentarians — Global Issues

Poverty Impacts on Efforts to End Child Marriage, say Parliamentarians — Global Issues

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

NYT Wordle today — answer and my hints for game #1476, Friday, July 4

NYT Wordle today — answer and my hints for game #1476, Friday, July 4

July 4, 2025
Trump’s ‘big beautiful bill’ passes SALT deduction limit of ,000

Trump’s ‘big beautiful bill’ passes SALT deduction limit of $40,000

July 3, 2025
Democrats Vow To Tell Every Battleground Voter What Republicans Have Done To Them

Democrats Vow To Tell Every Battleground Voter What Republicans Have Done To Them

July 3, 2025
GVK Power lenders to restart IBC process

GVK Power lenders to restart IBC process

July 4, 2025
A Planet with a Death Wish: How HIP 67522 b Is Forcing Its Star to Explode

A Planet with a Death Wish: How HIP 67522 b Is Forcing Its Star to Explode

July 3, 2025
Chelsea vs Palmeiras: FIFA Club World Cup – teams, start time, lineup | Football News

Chelsea vs Palmeiras: FIFA Club World Cup – teams, start time, lineup | Football News

July 3, 2025
Euro Times

Get the latest news and follow the coverage of Business & Financial News, Stock Market Updates, Analysis, and more from the trusted sources.

CATEGORIES

  • Business
  • Cryptocurrency
  • Finance
  • Health
  • Investing
  • Markets
  • Politics
  • Stock Market
  • Technology
  • Uncategorized
  • World

LATEST UPDATES

NYT Wordle today — answer and my hints for game #1476, Friday, July 4

Trump’s ‘big beautiful bill’ passes SALT deduction limit of $40,000

  • Disclaimer
  • Privacy Policy
  • DMCA
  • Cookie Privacy Policy
  • Terms and Conditions
  • Contact us

Copyright © 2022 - Euro Times.
Euro Times is not responsible for the content of external sites.

No Result
View All Result
  • Home
  • Finance
  • Business
  • World
  • Politics
  • Markets
  • Stock Market
  • Cryptocurrency
  • Investing
  • Health
  • Technology

Copyright © 2022 - Euro Times.
Euro Times is not responsible for the content of external sites.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In