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Category: Asia Pacific

  • MIL-OSI: BexBack Revolutionizes Crypto Trading: Double Deposit Bonus, 100x Leverage & No KYC

    Source: GlobeNewswire (MIL-OSI)

    SINGAPORE, Feb. 11, 2025 (GLOBE NEWSWIRE) — With the price of bitcoin once again trading below $100,000, many analysts believe it will enter a long period of high volatility. Holding spot positions may not continue to generate profits in the short term. BexBack Exchange is stepping up its efforts to provide traders with irresistible preferential packages. The platform now offers a 100% deposit bonus, a $50 welcome bonus for new users, and a 100x leverage on cryptocurrency trading, creating unparalleled opportunities for investors.

    What Is 100x Leverage and How Does It Work?

    Simply put, 100x leverage allows you to open larger trading positions with less capital. For example:

    Suppose the Bitcoin price is $100,000 that day, and you open a long contract with 1 BTC. After using 100x leverage, the transaction amount is equivalent to 100 BTC.

    One day later, if the price rises to $105,000, your profit will be (105,000 – 100,000) * 100 BTC / 100,000 = 5 BTC, a yield of up to 500%.

    With BexBack’s deposit bonus

    BexBack offers a 100% deposit bonus. If the initial investment is 2 BTC, the profit will increase to 10 BTC, and the return on investment will double to 1000%.

    Note: Although leveraged trading can magnify profits, you also need to be wary of liquidation risks.

    How Does the 100% Deposit Bonus Work?
    The deposit bonus from BexBack cannot be directly withdrawn but can be used to open larger positions and increase potential profits. Additionally, during significant market fluctuations, the bonus can serve as extra margin, effectively reducing the risk of liquidation.

    About BexBack?

    BexBack is a leading cryptocurrency derivatives platform that offers 100x leverage on BTC, ETH, ADA, SOL, and XRP futures contracts. It is headquartered in Singapore with offices in Hong Kong, Japan, the United States, the United Kingdom, and Argentina. It holds a US MSB (Money Services Business) license and is trusted by more than 500,000 traders worldwide. Accepts users from the United States, Canada, and Europe. There are no deposit fees, and traders can get the most thoughtful service, including 24/7 customer support.

    Why recommend BexBack?

    No KYC Required: Start trading immediately without complex identity verification.

    100% Deposit Bonus: Double your funds, double your profits.

    High-Leverage Trading: Offers up to 100x leverage, maximizing investors’ capital efficiency.

    Demo Account: Comes with 10 BTC in virtual funds, ideal for beginners to practice risk-free trading.

    Comprehensive Trading Options: Feature-rich trading available via Web and mobile applications.

    Convenient Operation: No slippage, no spread, and fast, precise trade execution.

    Global User Support: Enjoy 24/7 customer service, no matter where you are.

    Lucrative Affiliate Rewards: Earn up to 50% commission, perfect for promoters.

    Take Action Now—Don’t Miss Another Opportunity!

    If you missed the previous crypto bull run, this could be your chance. With BexBack’s 100x leverage and 100% deposit bonus and $50 bonus for new users (complete one trade within one week of registration), you can be a winner in the new bull run.

    Sign up on BexBack now, claim your exclusive bonus and start accumulating more BTC today!

    Website: www.bexback.com

    Contact: business@bexback.com

    Contact:
    Amanda
    business@bexback.com

    Disclaimer: This content is provided by BexBack. The statements, views and opinions expressed in this column are solely those of the content provider. The information provided in this press release is not a solicitation for investment, nor is it intended as investment advice, financial advice, or trading advice. It is strongly recommended you practice due diligence, including consultation with a professional financial advisor, before investing in or trading cryptocurrency and securities. Please conduct your own research and invest at your own risk.

    Photos accompanying this announcement are available at:

    https://www.globenewswire.com/NewsRoom/AttachmentNg/d4445477-0112-4df9-8539-ab93cd5affac

    https://www.globenewswire.com/NewsRoom/AttachmentNg/c33fa072-02d1-4cbc-b4af-8168cc1fc992

    https://www.globenewswire.com/NewsRoom/AttachmentNg/dddf867f-8361-4b82-adca-bc3323f36632

    https://www.globenewswire.com/NewsRoom/AttachmentNg/296fa3c6-0da5-45fd-a274-3afbf2099c18

    The MIL Network –

    February 12, 2025
  • MIL-OSI: StormFisher Hydrogen Secures US$50 million Commitment from Hy24 to Deliver Pipeline of Clean Fuel Production Projects in North America

    Source: GlobeNewswire (MIL-OSI)

    • The investment will accelerate StormFisher Hydrogen’s current project pipeline deployment, including several facilities in the U.S. and Canada, with a total renewable capacity of up to 1.8 GW by 2030.
    • Hy24, investing through their Clean Hydrogen Infrastructure Fund, is entering directly into the North American market, contributing to the advancement of clean fuel deployment in the region while supporting StormFisher Hydrogen’s export ambitions to European and Asian markets.

    HOUSTON, Feb. 11, 2025 (GLOBE NEWSWIRE) — StormFisher Hydrogen, a leading developer and producer of clean fuels, announces today it has secured a US$50 million commitment from Hy24’s Clean Hydrogen Infrastructure Fund, the world’s leading low-carbon hydrogen asset manager. This strategic partnership will accelerate StormFisher Hydrogen’s pipeline of clean fuel production projects in North America, helping them to reach final investment decisions (FID) and catalyzing the transition to low carbon energy solutions.

    “We are pleased to make our first direct investment in North America to support the growth of StormFisher Hydrogen,” said Pierre-Etienne Franc, co-founder and CEO of Hy24. “The company can leverage its energy platform approach, strong offtaker strategy, and a favorable international regulatory landscape to deploy its robust pipeline of e-Fuels projects and drive its export ambitions to European and Asian markets. These clean energy solutions present a significant opportunity for North America in its pursuit of energy security, economic growth, and its trade and continued leadership in the sector.”

    StormFisher Hydrogen’s current project pipeline includes several facilities located across the United States (Texas, Kansas, Minnesota) and Canada (Ontario region). Together, they will have the capacity to convert up to 1.8 gigawatts (GW) of renewable energy from solar and wind into RFNBO e-Fuels (renewable fuel of non-biological origin), such as green hydrogen, e-Methanol, green ammonia, and e-Methane. The company’s most advanced project located in North Texas, U.S. is expected to reach FID in early 2026 and will have an e-Methanol production capacity of more than 120,000 tonnes per year.

    “This collaboration with Hy24 enables us to advance projects in our pipeline and reinforces our role as a leader in project development,” said Judson Whiteside, President and CEO of StormFisher Hydrogen. “We bring a lot of value and long-term jobs to the communities we are developing in, while increasing molecule exports to Europe and Asia. With cutting-edge energy infrastructure and highly skilled workforce, the United States is poised to lead the global low-carbon fuels market. Our projects strengthen America’s position in the energy transition while enhancing domestic energy resilience and independence.”

    StormFisher Hydrogen will make a significant contribution to the development of North America’s e-Fuel production capacity, which is critical for decarbonizing hard-to-abate industries such as maritime, aviation, and chemicals. It will also help establish the United States as a key supplier to the global market while reinforcing the country’s leadership in the energy sector.

    With previous investment from ARC Financial Corp.’s ARC Energy Transition Fund and this new investment from Hy24, StormFisher Hydrogen is expected to deploy several billion dollars of capital over the next decade. The company’s clean fuel production facilities will have material economic benefits for local communities, creating approximately 50 permanent high-quality, full-time jobs per site.

    “We are thrilled to partner with Hy24,” said Brian Boulanger, CEO of ARC Financial Corp. “Their deep expertise and sectoral focus in the hydrogen and e-Fuel space will be instrumental in accelerating StormFisher Hydrogen’s mission to lead in clean fuel development. With the management team’s proven track record in developing major projects, ARC Financial Corp.’s extensive North American investment experience, and Hy24’s global reach, we are well-positioned to deliver low-carbon hydrogen-derived products to our industrial customers at scale.”

    About StormFisher Hydrogen

    StormFisher Hydrogen develops and operates facilities that produce e-Fuels through the sourcing of renewable electricity to produce green hydrogen and the sourcing and use of carbon dioxide from industrial point sources. StormFisher Hydrogen works with hard-to-abate sectors such as transportation (maritime/aviation), heavy industry, and gas utility companies, as well as traditional methanol users seeking clean fuel solutions to support long-term decarbonization goals.

    About Hy24

    The Clean H2 Infra Fund is managed by Hy24, a 50/50 joint venture between Ardian, a world leading private investment house, and FiveT Hydrogen, a clean hydrogen investment pureplay. The world’s largest clean hydrogen infrastructure fund results from the initiative of Air Liquide, TotalEnergies and VINCI Concessions, combined with the one of Plug Power, Chart Industries and Baker Hughes, which were sharing a common objective to accelerate the development of the hydrogen sector. The fund is now up and running with €2 billion of allocations. With strong industrial and financial expertise at its core, Hy24 will have a unique capacity to accelerate the scaling up of hydrogen solutions along the whole value chain: production, conversion, storage, supply, and usage. Hy24 will support large early stage and strategic projects into becoming essential energy infrastructures. The infrastructure fund managed by Hy24 complies with Article 9 of the European regulation on sustainability-related disclosures in the financial services sector (SFDR). Hy24 is an alternative investment fund manager regulated by the French Autorité des marchés financiers under the number GP-202171. The Clean H2 Infra Fund is dedicated to professional investors and not commercialized in the United States of America.

    About ARC Financial Corp.

    Founded in 1989, ARC Financial Corp. is committed to building high-performing businesses that address the world’s energy and sustainability needs. To date, ARC has raised C$6.4 billion across eleven energy-focused funds since the launch of its private equity business in 1997, having invested capital in more than 180 companies across the energy landscape. ARC’s newest fund, ARC Energy Fund 10, is focused on infrastructure development and energy services & manufacturing opportunities in energy transition. For more information, please visit www.arcfinancial.com

    Press Contacts

    StormFisher Hydrogen
    Karen Hamill, Director, Communications Strategy Group
    khamill@wearecsg.com, W: https://stormfisher.com

    Hy24
    Elizabeth Adams, Senior Managing Director, FTI Consulting
    Hy24@fticonsulting.com, W: https://hy24partners.com

    The MIL Network –

    February 12, 2025
  • MIL-OSI: Future AGI launches world’s most accurate multimodal AI evaluation tool

    Source: GlobeNewswire (MIL-OSI)

    San Francisco, Feb. 11, 2025 (GLOBE NEWSWIRE) — While enterprise AI adoption accelerates, 85% of AI projects fail to meet expectations due to accuracy and reliability challenges in tooling*. Current tools lack the depth to provide actionable insights, leaving teams with vague evaluations without identifying root causes or improvement strategies. 

    Today, Future AGI announces a $1.6M pre-seed funding round to scale its AI lifecycle management platform that enables enterprises to build and maintain high-performing AI applications with unprecedented accuracy. The funding round is co-led by Powerhouse Ventures and Snow Leopard Ventures, with participation from Angellist Quant Fund, Swadharma Source Ventures, Saka Ventures and a marquee group of 30+ industry stalwarts and angels.

    Future AGI founders: Nikhil Pareek and Charu Gupta.

    Current AI tooling falls short in several critical areas—ranging from generating high-quality synthetic data and providing granular error analysis to enabling effective feedback and optimization loops—leaving cross-functional teams of subject matter experts, data scientists, and software developers without clear pathways to improvement. Most evaluations remain manual and superficial, with developers often defaulting to guesswork or “vibe checks” rather than informed experimentation. This fragmented ecosystem, coupled with limited domain expertise in tooling usage, makes it exceedingly difficult to pinpoint where models fail, devise data-driven remediation strategies, and ultimately treat AI development with the same rigor as modern software engineering.

    Building trustworthy high-performing AI applications is complex — requiring rapid iterations across models, prompts, and data while safeguarding against harmful outputs. Future AGI’s platform streamlines this entire lifecycle with rapid experimentation, deep multi-modal evaluations, real-time observability, and continuous improvement capabilities. The platform’s proprietary technology includes advanced evaluation systems for text and images, agent optimizers, and auto-annotation tools that can reduce AI product development time by up to 95%. Users can complete evaluations in minutes and automatically optimize their AI systems for production, eliminating manual overhead and ensuring consistent performance.

    “AI is becoming the new software, but its widespread adoption faces a critical challenge – reliability and accuracy at scale,” said Nikhil Pareek, CEO of Future AGI. “Today’s AI systems are probabilistic and error-prone, with improvement cycles taking 6-8 months. We’re building the foundational layer that ensures AI systems are trustworthy and reliable in production. Our platform isn’t just about workflow automation – we’re creating the data layer that continuously monitors, evaluates, and improves AI systems across multimodal interactions.”
    FutureAGI is making significant strides across various industries. A Series E sales-tech company leveraged FutureAGI’s LLM Experimentation Hub to achieve an impressive 99% accuracy in agentic pipeline, accelerating their processes 10 times faster than previous methods, compressing weeks of work into just hours. This transformation has drastically improved their capacity for delivering personalized customer interactions at scale.

    In another case, an AI image generation company utilized FutureAGI’s platform to streamline its image generation pipeline, resulting in a remarkable 90% reduction in costs by decreasing reliance on human evaluators while maintaining 99% accuracy for catalog and marketing images. These examples highlight FutureAGI’s ability to optimize operations and drive substantial cost savings while enhancing performance.

    The platform’s capabilities extend beyond pure software applications to hardware AI agents in robotics and autonomous vehicles, where accuracy requirements are even more stringent. Future AGI’s synthetic data generation and evaluation systems enable companies to simulate edge cases and validate AI models under various real-world conditions before deployment.

    Future AGI was the genesis of Nikhil Pareek and Charu Gupta and was born out of founders’ frustration with the growing challenges in data collection, annotation, and training model readiness. Each iteration magnified these issues, and through conversations with fellow AI builders, they realized this problem was widespread. Nikhil Pareek is a former AI founder, with multiple patents and research papers, comes with experience ranging from building autonomous drones to tackling complex data science challenges for Fortune 50 companies. Charu Gupta is a veteran in revenue growth, having successfully navigated multiple startups from inception to achieving revenues of up to $100 million. 

    Future AGI team.

    With a powerful team of 30 AI researchers and ML engineers—hailing from Microsoft, Amazon, and other top tech giants—alongside alumni from Ivy League and premier institutions, they bring deep expertise in AI innovation, published research, and patented technologies. Together, the team is tackling one of AI’s most formidable challenges—redefining accuracy and trust in AI at an unprecedented scale’

    “The AI landscape is evolving rapidly, and one of the biggest challenges enterprises face today is ensuring the accuracy and reliability of their AI applications,” said Sri Peddu, General Partner at Powerhouse Ventures “Future AGI’s innovative approach to solving this critical problem through their comprehensive AI lifecycle management platform positions them uniquely in the market. We believe their solution will be instrumental in helping companies achieve the highest accuracy levels required for production-grade AI applications.”

    “We believe great people build great companies, and we know from our data that Future AGI is one of the top early-stage startups for attracting the best job applicants on Wellfound (fka AngelList Talent)” said Abraham Othman, PhD, managing partner of the AngelList Early-Stage Quant Fund.

    The timing for this challenge becomes especially critical as organizations transition from experimental AI implementations to business-critical applications, and as major players like Meta, Google, and Anthropic rapidly expand into multimodal AI — combining text, images, audio, and video. This evolution of AI has intensified market demand for solutions that can effectively manage the trustworthiness and reliability of AI products by ensuring accuracy.

    Looking ahead, Future AGI will use the new funding to accelerate product development and grow its engineering and growth teams while strengthening its proprietary technology stack. The company has offices in the Bay Area and its R&D center in Bangalore, positioning it to serve the growing global demand for reliable AI solutions.

    Ends 
    *Gartner, Gartner Business Insights, Strategies & Trends For Executives

    Media images can be found here. 

    About Future AGI
    Future AGI is a venture-backed AI infrastructure company founded by seasoned entrepreneurs with deep expertise in AI and business scaling. Led by a technical founder with multiple patents and an experienced business leader, the company is transforming how enterprises build and maintain high-quality AI products. Our platform dramatically reduces the time and effort needed to achieve reliable AI systems, enabling organizations to confidently deploy AI across their operations. With a growing roster of clients and POCs, Future AGI is positioned to become the foundation for trustworthy AI development.

    Founded in 2024 and headquartered in the US with an R&D center in India, Future AGI’s proprietary technology includes advanced evaluation systems for text and images, auto-tuning prompt optimizers, and auto-annotation tools that can reduce AI product development time by up to 95%. The company serves a diverse client base ranging from late-stage startups to Fortune 500 companies, helping them achieve and maintain 99% accuracy in their AI applications.

    Powerhouse Ventures
    Powerhouse Ventures (PV) is a Singapore-based early-stage Venture Capital firm with an investment focus on startups emerging from India and the United States. PV supports early-stage companies in high-growth sectors where technology is the driver. Currently, PV manages an active portfolio of 40+ companies spread across India, the United States, and Singapore and includes category-defining companies such as Whatfix, Slintel, Medibuddy, Quizizz, DailyRounds/Marrow, Sybill, etc.

    Snow Leopard Ventures
    Snow Leopard Ventures/Snow Leopard Global Capital Management is a global alternative asset manager investing largely proprietary capital with offices in Pune, India and New York, NY. The firm invests across multiple industries and across different stages, from pre-seed through pre-IPO.

    AngelList Early Stage Quant Fund
    The AngelList Early Stage Quant Fund is a data-driven investment fund that has raised $25 million to invest in over 100 early-stage startups in technology, data, and finance sectors, leveraging advanced analytics to enhance decision-making.

    The MIL Network –

    February 12, 2025
  • MIL-OSI: Primech AI Signs Three Pilot Program Agreements with Leading Singapore Cleaning Companies for HYTRON Cleaning Robot

    Source: GlobeNewswire (MIL-OSI)

    SINGAPORE, Feb. 11, 2025 (GLOBE NEWSWIRE) — Primech AI Pte. Ltd. (“Primech AI”), a subsidiary of Primech Holdings Limited (Nasdaq: PMEC), proudly announces the signing of three important pilot program agreements for its groundbreaking HYTRON AI-powered cleaning robots. These agreements with established Singapore-based cleaning companies, including a leading provider of facilities and industrial services operating across Singapore, China, and Malaysia, represent a major expansion of Primech AI’s market presence and a solid vote of confidence in its advanced AI technology.

    These agreements involve deploying HYTRON units across various sectors, showcasing the versatility and efficiency of these AI-powered cleaning solutions. The HYTRON units are powered by NVIDIA Jetson Orin Super, a state-of-the-art System-on-Module (SoM) designed for robust edge AI and robotics applications robots that will enhance hygiene standards and operational efficacy at several key facilities, reflecting growing industry confidence in robotic automation.

    At the core of HYTRON’s navigation capabilities is a multi-sensor system consisting of (1) LIDAR for Mapping and Navigation, which enhances both precision and safety; (2) Ultrasonic Sensors for Proximity Detection to identify nearby objects and adjust its path accordingly, ensuring seamless movement through cluttered spaces without colliding with furniture or other obstacles; and (3) AI-powered Camera Sensors for Object Identification to recognize and classify bathroom objects, such as sinks, toilets, and mirrors. This ensures it applies the appropriate cleaning technique to each surface, enhancing its efficiency in commercial restroom cleaning.

    Under the two-year pilot program agreements, these prominent cleaning companies will integrate HYTRON robots into their daily facility operations. This reflects the sector’s readiness to embrace innovative cleaning solutions that promise to revolutionize facility management through enhanced efficiency and reduced costs. This deployment is set to showcase the substantial benefits of integrating AI-powered automation into traditional cleaning processes.

    Each pilot program agreement includes full support from Primech AI’s customer service framework, ensuring that HYTRON operates at peak efficiency and reliability. In addition, Primech AI will conduct staff training for the companies to ensure the effective operation and maintenance of the robots.

    “Our three new esteemed partners for these pilot programs have a combined 75 years of facilities service and have worked on nearly 1,000 different commercial cleaning projects. Securing these leases is a strong endorsement of HYTRON’s capabilities and our Company’s direction,” stated Charles Ng, Chief Operating Officer of Primech AI. “We believe HYTRON is the future of cleaning and look forward to sharing updates with our shareholders about our continued development as the facility management industry reflects a continued shift and acceptance of robotic solutions.”

    About Primech Holdings Limited
    Headquartered in Singapore, Primech Holdings Limited is a leading provider of comprehensive technology-driven facilities services, predominantly serving both public and private sectors throughout Singapore. Primech Holdings offers an extensive range of services tailored to meet the complex demands of its diverse clientele. Services include advanced general facility maintenance services, specialized cleaning solutions such as marble polishing and facade cleaning, meticulous stewarding services, and targeted cleaning services for offices and homes. Known for its commitment to sustainability and cutting-edge technology, Primech Holdings integrates eco-friendly practices and smart technology solutions to enhance operational efficiency and client satisfaction. This strategic approach positions Primech Holdings as a leader in the industry and a proactive contributor to advancing industry standards and practices in Singapore and beyond. For more information, visit www.primechholdings.com.

    About Primech AI
    Primech AI is a leading robotics company dedicated to pushing the boundaries of innovation in technology. With a team of passionate individuals and a commitment to collaboration, Primech AI is poised to revolutionize the robotics industry with groundbreaking solutions that make a meaningful impact on society. For more information, visit www.primech.ai.

    Forward-Looking Statements
    Certain statements in this announcement are forward-looking statements, including, for example, statements about completing the acquisition, anticipated revenues, growth, and expansion. These forward-looking statements involve known and unknown risks and uncertainties and are based on the Company’s current expectations and projections about future events that the Company believes may affect its financial condition, results of operations, business strategy, and financial needs. These forward-looking statements are also based on assumptions regarding the Company’s present and future business strategies and the environment in which the Company will operate in the future. Investors can find many (but not all) of these statements by the use of words such as “may,” “will,” “expect,” “anticipate,” “aim,” “estimate,” “intend,” “plan,” “believe,” “likely to” or other similar expressions. The Company undertakes no obligation to update or revise publicly any forward-looking statements to reflect subsequent occurring events or circumstances or changes in its expectations, except as may be required by law. Although the Company believes that the expectations expressed in these forward-looking statements are reasonable, it cannot assure that such expectations will be correct. The Company cautions investors that actual results may differ materially from the anticipated results and encourages investors to review other factors that may affect its future results in the Company’s registration statement and other filings with the SEC.

    Company Contact:
    Email: ir@primech.com.sg

    Investor Relations Contact:        
    Matthew Abenante, IRC
    President                                        
    Strategic Investor Relations, LLC                                         
    Tel: 347-947-2093
    Email: matthew@strategic-ir.com

    The MIL Network –

    February 12, 2025
  • MIL-OSI: New Forests adopts Intapp DealCloud to bolster capital raising

    Source: GlobeNewswire (MIL-OSI)

    PALO ALTO, Calif., Feb. 11, 2025 (GLOBE NEWSWIRE) — Intapp (NASDAQ: INTA), a leading global provider of AI-powered solutions for professionals at advisory, capital markets, and legal firms, announces that New Forests has implemented Intapp DealCloud to modernize its investor relations and fundraising functions. New Forests is a global investment manager of nature-based real assets and natural capital strategies with teams spanning the United States, Southeast Asia, Africa, and Australia. The firm manages a diversified portfolio of sustainable timber plantations and conservation areas, carbon and conservation finance projects, agriculture, timber processing, and infrastructure.

    Leading strategic change
    “With Intapp DealCloud, we are able to keep better track of our investors, and the entire fundraising process, to ensure we’re offering investors and prospective investors a more targeted and tailored approach to relationship management,” said Sarah Clawson, Global Head of Investor Relations at New Forests. “The AI capabilities within DealCloud will help streamline reporting, investor outreach, and follow ups.”

    Modernizing investor relations
    DealCloud provides New Forests’ investor relations teams with the insight they need to make important decisions and build long-term relationships with investors. It is a data-powered platform built for capital markets firms that centralizes critical proprietary and third-party data. Access to real-time data and analytics helps New Forests’ IR professionals cultivate existing and prospective investor relationships, build pipeline, organize investor events, and tailor thought leadership content.

    Using Applied AI, DealCloud furthers the modernization of investor relations processes through every stage of the process. With AI assistance, IR professionals can analyze data quickly and accurately, and make more informed decisions based on real-time insights, market trends, and existing firm knowledge. DealCloud’s AI capabilities also help automate everyday workflows, identify and communicate with potential new investors, and ensure investor and fundraising activity is recorded for future reference.

    Multiplying success with Intapp
    “We’re excited to work with New Forests, a leading investment manager across Australia, New Zealand, Southeast Asia, Africa and the United States,” said Rudy Saad, Global Head of Private Equity and Private Capital Markets at Intapp. “With Intapp DealCloud, their IR professionals are empowered with greater visibility into key investor interactions, more targeted business development campaigns, and ultimately better management of capital raising initiatives while automating more manual processes.”

    About Intapp 
    Intapp software helps professionals unlock their teams’ knowledge, relationships, and operational insights to increase value for their firms. Using the power of Applied AI, we make firm and market intelligence easy to find, understand, and use. With Intapp’s portfolio of vertical SaaS solutions, professionals can apply their collective expertise to make smarter decisions, manage risk, and increase competitive advantage. The world’s top firms — across accounting, consulting, investment banking, legal, private capital, and real assets — trust Intapp’s industry-specific platform and solutions to modernize and drive new growth. For more information, visit intapp.com and LinkedIn. 

    About New Forests
    New Forests is a global investment manager of nature-based real assets and natural capital strategies, with A$11.6 billion in assets under management across more than 4.2 million hectares of investments. We manage a diversified portfolio of sustainable timber plantations and conservation areas, carbon and conservation finance projects, agriculture, timber processing and infrastructure. We aim to generate shared prosperity for our clients and the communities in which we operate and accelerate the transition to a sustainable future (as at 30 June 2024).

    Headquartered in Sydney, New Forests is a Certified B Corp and operates in Australia, New Zealand, Southeast Asia, Africa and the United States. www.newforests.com.

    Intapp
    Ali Robinson
    Global Media Relations Director, Intapp
    press@intapp.com

    The MIL Network –

    February 12, 2025
  • MIL-OSI United Kingdom: New UK sanctions target Russian cybercrime network

    Source: United Kingdom – Executive Government & Departments

    A key Russian cybercrime syndicate responsible for aiding merciless ransomware attacks around the world has been targeted by new UK sanctions.

    • UK sanctions target Russian cyber entity, ZSERVERS responsible for facilitating crippling ransomware attacks globally
    • targets also include 6 ZSERVERS members who are part of a prolific cybercrime supply chain, and their UK front company XHOST
    • action on illicit Russian cybercrime syndicate is latest step to strengthen UK national security

    Fresh sanctions are targeting ZSERVERS, a key component of the Russian cybercrime supply chain, and 6 of its members, as well as its UK front company, XHOST Internet Solutions LP. ZSERVERS provide vital infrastructure for cybercriminals as they plan and execute attacks against the UK.    

    The illicit supply chain protects, supports and conceals the operations of some of the world’s most ruthless ransomware gangs. Ransomware actors rely on these services to launch attacks, extort victims and store stolen data.   

    In the modern digital-first economy, cyber security is a non-negotiable cornerstone of business success. A secure digital economy is a less attractive target for cybercriminals and a more attractive home for investment, generating jobs and putting more money into hardworking people’s pockets, delivering on this government’s Plan for Change. 

    Foreign Secretary, David Lammy, said:

    Putin has built a corrupt mafia state driven by greed and ruthlessness. It is no surprise that the most unscrupulous extortionists and cyber-criminals run rampant from within his borders.  

    This government will continue to work with partners to constrain the Kremlin and the impact of Russia’s lawless cyber underworld. We must counter their actions at every opportunity to safeguard the UK’s national security and deliver on our Plan for Change. 

    Predatory ransomware groups pose a clear and persistent threat to national security, public services and privacy. These attacks threaten critical national infrastructure, disrupt essential services, compromise sensitive data and generated $1 billion from their victims globally in 2023 alone.  

    Minister of State for Security, Dan Jarvis, said:

    Ransomware attacks by Russian affiliated cybercrime gangs are some of the most harmful cyber threats we face today and the government is tackling them head on. Denying cybercriminals the tools of their trade weakens their capacity to do serious harm to the UK.  

    We have already announced new world-first proposals to deter ransomware attacks and destroy their business model.  With these targeted sanctions and the full weight of our law enforcement, we are countering the threats we face to protect our national security, a foundation of our Plan for Change, and our economy.

    ZSERVERS explicitly advertise themselves to illicit actors as a Bulletproof Hosting (BPH) Provider. Some BPH are known to host hackers, misinformation, child exploitation material, spam and hate speech. BPH providers like ZSERVERS, protect and enable cybercriminals, offering a range of purchasable tools which mask their locations, identities, and activities. Targeting these providers can disrupt hundreds or thousands of criminals simultaneously.  

    Today’s action is the latest in a series of coordinated steps alongside US and Australian partners, and comes off the back of recent sanctions against notorious ransomware groups LockBit and Evil Corp.  

    LockBit affiliates are known to have used ZSERVERS as a launch pad for targeting the UK, enabling ransomware attacks against various targets, including the non-profit sector.   

    Protecting the nation from threats both physical and digital sits at the foundation of the government’s Plan for Change. That is why we are moving through the entire ransomware pipeline step by step, cracking down on Russian cybercriminals that threaten the UK’s security, integrity, and prosperity.

    Background 

    The full list of those sanctioned today:  

    • ZSERVERS  
    • XHOST Internet Solutions LP   
    • Aleksandr Bolshakov (employee)  
    • Aleksandr Mishin (employee)  
    • Ilya Sidorov (employee)  
    • Dmitriy Bolshakov (employee)  
    • Igor Odintsov (employee)  
    • Vladimir Ananev (employee)

    Further information on how our actions align with the UK government’s overall strategy to disrupt cybercrime, and how these actors support the broader cybercrime ecosystem: Ransomware, extortion and the cyber crime ecosystem, NCSC.GOV.UK 

    An overview of Bulletproof Hosting (BPH) providers from our Australian partners: “Bulletproof” hosting providers, Cyber.gov.au

    View the full UK Sanctions List and more information on UK sanctions relating to Russia.

    Media enquiries

    Email newsdesk@fcdo.gov.uk

    Telephone 020 7008 3100

    Contact the FCDO Communication Team via email (monitored 24 hours a day) in the first instance, and we will respond as soon as possible.

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    Updates to this page

    Published 11 February 2025

    Invasion of Ukraine

    • UK visa support for Ukrainian nationals
    • Move to the UK if you’re coming from Ukraine
    • Homes for Ukraine: record your interest
    • Find out about the UK’s response

    MIL OSI United Kingdom –

    February 12, 2025
  • MIL-OSI Global: Art and science illuminate the same subtle proportions in tree branches

    Source: The Conversation – USA – By Mitchell Newberry, Research Assistant Professor of Biology, University of Michigan

    Tree branches in art throughout history follow geometric rules related to fractal geometry. ‘Almond blossom’ by Vincent van Gogh. Van Gogh Museum, Amsterdam.

    Do artists and scientists see the same thing in the shape of trees? As a scientist who studies branching patterns in living things, I’m starting to think so.

    Piet Mondrian was an early 20th-century abstract artist and art theorist obsessed with simplicity and essence of form. Even people who have never heard of Mondrian will likely recognize his iconic irregular grids of rectangles.

    When I saw Mondrian’s 1911 “Gray Tree,” I immediately recognized something about trees that I had struggled to describe. By removing all but the most essential elements in an abstract painting, Mondrian demonstrated something I was attempting to explain using physics and fractal geometry.

    My field of research is mathematical biology. My colleagues and I try to explain how treelike structures such as veins and arteries, lungs and leaves fine-tune their physical form to efficiently deliver blood, air, water and nutrients.

    Fundamental research in the biology of branching helps cure cardiovascular diseases and cancer, design materials that can heal themselves and predict how trees will respond to a changing climate. Branching also shows up in ant foraging patterns, slime molds and cities.

    The treeless tree

    From 1890 to 1912, Mondrian painted dozens of trees. He started with full-color, realistic trees in context: trees in a farmyard or a dappled lane. Gradually he removed leaves, depth, color and eventually even branching from his tree paintings. “Gray Tree” uses only curved lines of various thickness superimposed on top of one another at seemingly random angles. Yet the image is unmistakably a tree.

    How did Mondrian convey the sense of a tree with so little? The science of trees may offer some clues.

    The science of branching

    One goal of mathematical biology is to synthesize what scientists know about the vast diversity of living systems – where there seems to be an exception to every rule – into clear, general principles, ideally with few exceptions. One such general principle is that evolution fine-tunes treelike structures in living things to make metabolism and respiration as efficient as possible.

    The body carefully controls the thickness of vessels as they branch, because deviation from the most efficient diameter wastes energy and causes disease, such as atherosclerosis.

    In many cases, such as human blood vessels, the body exerts much tighter control over diameter than length. So while veins and arteries might take circuitous routes to accommodate the vagaries of organs and anatomy, their diameter usually stays within 10% of the optimum. The same principle appears in tree branches as well.

    The precise calibration of branch diameter leads to a hallmark of fractal shapes called scale invariance. A scale invariance is a property that holds true regardless of the size of an object or part of an object you’re looking at. Scale invariance occurs in trees because trunks, limbs and twigs all branch in similar ways and for similar reasons.

    The scale invariance in branch diameter dictates how much smaller a limb should be as it branches and how much investment a tree makes in a few thick branches versus many thin ones. Trees have evolved scale invariance to transport water, reach light and resist gravity and wind load as efficiently as possible given physical limits.

    This science of trees inspired my colleague and me to measure the scaling of tree branch diameter in art.

    The art of trees

    Among my favorite images is a carving of a tree from a late-medieval mosque in India. Its exaltation of trees reminds me of Tolkien’s Tree of Gondor and the human capacity to appreciate the simple beauty of living things.

    But I also find mathematical inspiration in the Islamic Golden Age, a time when art, architecture, math and physics thrived. Medieval Islamic architects even decorated buildings with infinitely nonrepeating tiling patterns that were not understood by Western mathematics until the 20th century.

    The stylized tree carvings of the Sidi Saiyyed mosque also follow the precise system of proportions dictated by the scale invariance of real trees. This level of precision of branch diameter takes an attentive eye and a careful plan – much better than I could freehand.

    Indeed, wherever our team looked at trees in great artwork, such as Klimt’s “Tree of Life” or Matsumura Goshun’s “Cherry Blossoms,” we also found precise scale invariance in the diameter of branches.

    “Grey Tree” also realistically captures the natural variation in branch diameters, even when the painting gives the viewer little else to go on. Without realistic scaling, would this painting even be a tree?

    As if to prove the point, Mondrian made a subsequent painting the following year, also with a gray background, curved lines and the same overall composition and dimensions. Even the position of some of the lines are the same.

    But, in “Blooming Apple Tree” (1912), all the lines are the same thickness. The scaling is gone, and with it, the tree. Before reading the title, most viewers would not guess that this is a painting of a tree. Yet Mondrian’s sketches reveal that “Blooming Apple Tree” and “Gray Tree” are the very same tree.

    The two paintings contain few elements that might signal a tree – a concentration of lines near the center, lines that could be branches or a central trunk and lines that could indicate the ground or a horizon.

    Yet only “Gray Tree” has scale-invariant branch diameters. When Mondrian removes the scale invariance in “Blooming Apple Tree,” viewers just as easily see fish, scales, dancers, water or simply nonrepresentational shapes, whereas the tree in “Gray Tree” is unmistakable.

    Photo synthesis

    Mondrian’s tree paintings and scientific theory highlight the importance of the thickness of tree branches. Consilience is when different lines of evidence and reasoning reach the same conclusions. Art and math both explore abstract descriptions of the world, and so seeing great art and science pick out the same essential features of trees is satisfying beyond what art or science could accomplish alone.

    Just as great literature such as “The Overstory” and “The Botany of Desire” show us how trees influence our lives in ways we often don’t notice, the art and science of trees show how humans are finely attuned to what’s important to trees. I think this resonance is one reason people find fractals and natural landscapes so pleasing and reassuring.

    All these lines of thinking give us new ways to appreciate trees.

    Mitchell Newberry has published research on tree branching supported by University of Michigan and University of New Mexico. He volunteers with Cool It Burque, a tree-planting group in Albuquerque, NM.

    – ref. Art and science illuminate the same subtle proportions in tree branches – https://theconversation.com/art-and-science-illuminate-the-same-subtle-proportions-in-tree-branches-247967

    MIL OSI – Global Reports –

    February 12, 2025
  • MIL-OSI Security: Defense News: Exercise Cutlass Express 2025 launches across East Africa

    Source: United States Navy

    Exercise Cutlass Express 2025, sponsored by U.S. Africa Command and enabled by U.S. 6th Fleet, brings together more than 20 multinational partners for two weeks of training to support collaborative maritime security operations in the region.

    Throughout the exercise, U.S. forces will work alongside participating nations to enhance maritime domain awareness, improve international law enforcement capacity and increase interoperability between the U.S., African, and other multinational partner navies and coast guards.

    “Cutlass Express continues to provide an exceptional venue to collaborate with our African partners on maritime security,” said Vice Adm. J. T. Anderson, commander, U.S. 6th Fleet. “When we combine the strength of our partnerships with the high level of training provided by exercises like this, we improve the overall security and economic prosperity of a region that extends far beyond the territorial waters and exclusive economic zones of each individual nation.”

    This year’s exercise will focus training efforts in Mauritius, Seychelles and Tanzania, though information sharing and coordination will take place across nine maritime operation centers (MOCs) located throughout the region. Additionally, Exercise Cutlass Express 2025 is linked to U.S. Naval Forces Central Command’s International Maritime Exercise 2025 through information sharing between MOCs to improve theater-to-theater coordination, reduce regional seams, and strengthen U.S. and partner nation capabilities and interoperability.

    Exercise Cutlass Express 2025 will also run concurrently with the U.S. Army Southern European Task Force, Africa led exercise Justified Accord 2025 in Kenya and Tanzania to improve defense capabilities of multi-domain forces and refine crisis and counterterrorism responses, ultimately reducing global maritime threats.

    Participants in this year’s iteration of Cutlass Express include Belgium, Comoros, Djibouti, France, Georgia, India, Kenya, Madagascar, Malawi, Mauritius, Morocco, Mozambique, Senegal, Seychelles, Somalia, Tanzania, Tunisia, and the United Kingdom.

    Cutlass Express is one of three regional maritime exercises led by U.S. 6th Fleet as part of a comprehensive strategy to provide collaborative opportunities to African forces and international partners to address maritime security concerns.

    Commander, U.S. 6th Fleet, headquartered in Naples, Italy, conducts the full spectrum of joint and naval operations, often in concert with allied and interagency partners to advance U.S. national interests, security and stability in Europe and Africa.

    MIL Security OSI –

    February 12, 2025
  • MIL-OSI USA News: Fact Sheet: President Donald J. Trump Restores Section 232 Tariffs

    Source: The White House

    COUNTERING TRADE PRACTICES THAT UNDERMINE NATIONAL SECURITY: Yesterday, President Donald J. Trump signed proclamations to close existing loopholes and exemptions to restore a true 25% tariff on steel and elevate the tariff to 25% on aluminum.

    • President Trump is taking action to protect America’s critical steel and aluminum industries, which have been harmed by unfair trade practices and global excess capacity.
    • President Trump is reinstating the full 25% tariff on steel imports and increasing tariffs on aluminum imports to 25%.
      • Key reforms include eliminating all alternative agreements, applying strict “melted and poured” standards, expanding tariffs to include key downstream products, terminating all general approved exclusions, and cracking down on tariff misclassification and duty evasion schemes.
    • The countries of Argentina, Australia, Brazil, Canada, Japan, Mexico, South Korea, the European Union, Ukraine, and the United Kingdom had received exemptions, which prevented the tariffs from being effective.
      • By granting exemptions to certain countries, the United States inadvertently created loopholes that were exploited by China and others with excess steel and aluminum capacity, undermining the purpose of these exemptions.
    • The President is exercising his authority under Section 232 of the Trade Expansion Act of 1962 to adjust imports of steel and aluminum to protect our national security.
      • This statute provides the President with authority to adjust imports being brought into the United States in quantities or under circumstances that threaten to impair national security.
      • In March 2018, President Trump invoked authority under Section 232 of the Trade Expansion Act of 1962 (19 U.S.C. § 1862) to impose 25% tariffs on steel imports and 10% tariffs on aluminum.  These measures were remarkably effective in supporting recovery and reinvestment in the American steel industry and saved the domestic primary aluminum industry from total collapse. But exemptions and loopholes have permitted evasion of the tariffs and weakened the effectiveness of the program.
      • The reinvigorated Section 232 tariffs on steel and aluminum will support the program’s original objective of revitalizing the domestic steel and aluminum industries and achieving sustainable capacity utilization of at least 80%.

    RESTORING FAIRNESS TO STEEL AND ALUMINUM MARKETS: President Trump is taking action to end unfair trade practices and the global dumping of steel and aluminum.

    • Foreign nations have been flooding the United States market with cheap steel and aluminum, often subsidized by their governments.
    • A report from the first Trump Administration found that steel import levels and global excess were weakening our domestic economy and threatening to impair national security.
      • The report found that excess production and capacity, particularly in China, has been a major factor in the decline of domestic aluminum production.
    • While the domestic steel industry briefly achieved 80% utilization in 2021, subsequent trade pressure following the COVID-19 pandemic has depressed domestic production.  In 2022 and 2023, capacity utilization fell to 77.3% and 75.3%, respectively.  High import volumes from sources exempt from Section 232 tariffs are a major factor in depressing domestic production volumes. 
    • For aluminum, there was an increase in the capacity utilization rate between 2017 and 2019, from 40% to 61% during that period. But since 2019, the aluminum capacity utilization has once again seen a steady decline, falling from 61% to 55% between 2019 and 2023.  
    • The United States does not want to be in a position where it would be unable to meet demand for national defense and critical infrastructure in a national emergency.

    STRENGTHENING AMERICA’S MANUFACTURING INDUSTRY: President Trump’s decision to close existing loopholes and exemptions will strengthen United States’ steel and aluminum industries.

    • In his first term, President Trump imposed Section 232 tariffs to protect the American steel and aluminum industries from unfair foreign competition.
    • The steel tariffs that President Trump implemented led to thousands of jobs gained and higher wages in the metals industry.
      • These tariffs were hailed as a “boon” for Minnesota’s iron ore industry, with state officials crediting tariffs for bolstering the local economy. 
      • Steel and aluminum imports drastically decreased under President Trump, falling by nearly a third from 2016 to 2020.
      • The tariffs led to a wave in investment across the United States, with more than $10 billion committed to build new mills.
    • It was recently announced that Hyundai Steel is actively considering building a steel plant in the United States.
    • U.S. steelmakers, including the American Iron and Steel Institute and the Steel Manufacturers Association, have praised President Trump’s America First trade policy.

    TARIFFS WORK: Studies have repeatedly shown that contrary to public rhetoric, tariffs can be an effective tool for achieving economic and strategic objectives.

    • A 2024 study on the effects of President Trump’s tariffs in his first Administration found that they “strengthened the U.S. economy,” and “led to significant reshoring” in industries like manufacturing and steel production.
    • A 2023 report by the U.S. International Trade Commission that analyzed the effects of Section 232 and 301 tariffs on more than $300 billion of U.S. imports found that the tariffs reduced imports from China, effectively stimulated more U.S. production of the tariffed goods, with very minor effects on prices.
    • According to the Economic Policy Institute, the tariffs implemented by President Trump during his first Administration “clearly show[ed] no correlation with inflation” and only had a temporary effect on overall price levels.
    • An analysis from the Atlantic Council found that “tariffs would create new incentives for US consumers to buy US-made products.”
    • Former Biden Treasury Secretary Janet Yellen affirmed last year that tariffs do not raise prices: “I don’t believe that American consumers will see any meaningful increase in the prices that they face.”

    A 2024 economic analysis found that a global tariff of 10% would grow the economy by $728 billion, create 2.8 million jobs, and increase real household incomes by 5.7%.

    MIL OSI USA News –

    February 12, 2025
  • MIL-OSI Asia-Pac: Crime rises 5% in 2024

    Source: Hong Kong Information Services

    A total of 94,747 crimes were reported in 2024, representing an increase of 5% compared to the figure for 2023, Police said today.

    The upsurge was mainly attributed to an increase in deception cases.

    The overall detection rate was 30.4%, similar to that of 2023.

    Leaving deception cases aside, the overall crime figure recorded a drop of 185 cases last year, while the detection rate rose by 1.7 percentage points to 47.9%.

    There were 10,485 cases of violent crime, registering a rise of 3.6% – primarily driven by the rise in “naked chat blackmail” cases.

    Apart from deception and blackmail, another major crime of rape recorded an increase.

    A number of traditional crimes record a lower case load in 2024, with the detection rate for robbery and snatching cases hitting a record high.

    Deception cases rose 11.7% year-on-year in 2024 to 44,480, accounting for 46.9% of the overall number of crimes. Among them, 61.8% were Internet-related.

    The rise in deception cases was mainly attributed to the emergence of the new modus operandi of telephone deception involving “Impersonating Customer Service” since early last year. A total of 5,575 cases of such modus operandi were reported in 2024.

    As to the national security situation, since the National Security Law and the Safeguarding National Security Ordinance came into force, as at the end of December 2024, Police’s National Security Department arrested a total of 316 people, with 60% having been charged.

    Looking forward, Police will focus this year on safeguarding national security, working to combat deception cases and ensuring that the 15th National Games will be conducted in a safe and orderly manner.

    MIL OSI Asia Pacific News –

    February 12, 2025
  • MIL-OSI USA: Phobos Ransomware Affiliates Arrested in Coordinated International Disruption

    Source: US State of North Dakota

    Note: View the superseding indictment here.

    Phobos Group Alleged to have Attacked Over 1,000 Victims Worldwide

    The Justice Department today unsealed criminal charges against Roman Berezhnoy, 33, and Egor Nikolaevich Glebov, 39, both Russian nationals, who allegedly operated a cybercrime group using the Phobos ransomware that victimized more than 1,000 public and private entities in the United States and around the world and received over $16 million in ransom payments. Berezhnoy and Glebov were arrested this week as part of a coordinated international disruption of their organization, which includes additional arrests and the technical disruption of the group’s computer infrastructure.

    From May 2019, through at least October 2024, Berezhnoy, Glebov, and others allegedly caused victims to suffer losses resulting from the loss of access to their data in addition to the financial losses associated with the ransomware payments. The victims included a children’s hospital, health care providers, and educational institutions.

    8Base Seizure Banner

    According to court documents, Berezhnoy, Glebov, and others operated a ransomware affiliate organization, including under the names “8Base” and “Affiliate 2803,” among others, that victimized public and private entities through the deployment of Phobos ransomware.

    As part of the scheme, Berezhnoy, Glebov, and others allegedly hacked into victim computer networks, copied and stole files and programs on the victims’ network, and encrypted the original versions of the stolen data with Phobos ransomware. The conspirators then allegedly extorted the victims for ransom payments in exchange for the decryption keys to regain access to the encrypted data by, among other things, leaving a ransom note on compromised victim computers and separately reaching out to victims to initiate ransom payment negotiations.

    As alleged, the conspirators also threatened to expose victims’ stolen files to the public or to the victims’ clients, customers, or constituents if the ransoms were not paid. The conspirators are further alleged to have established and operated a darknet website where they repeated their extortionate threats and ultimately published the stolen data if a victim failed to pay the ransom.

    After a successful Phobos ransomware attack, criminal affiliates paid fees to Phobos administrators for a decryption key to regain access to the encrypted files. Each deployment of Phobos ransomware was assigned a unique alphanumeric string in order to match it to the corresponding decryption key, and each affiliate was directed to pay the decryption key fee to a cryptocurrency wallet unique to that affiliate.

    The charges unsealed today against Berezhnoy and Glebov follow the recent arrest and extradition of Evgenii Ptitsyn, a Russian national, on charges relating to his alleged administration of the Phobos ransomware variant.

    In parallel with this week’s arrests, Europol and German authorities have announced an international operation involving the FBI and other international law enforcement partners to disrupt over 100 servers associated with this criminal network.

    Berezhnoy and Glebov are charged in an 11-count indictment with one count of wire fraud conspiracy, one count of wire fraud, one count of conspiracy to commit computer fraud and abuse, three counts of causing intentional damage to protected computers, three counts of extortion in relation to damage to a protected computer, one count of transmitting a threat to impair the confidentiality of stolen data, and one count of unauthorized access and obtaining information from a protected computer. If convicted, Berezhnoy and Glebov face a maximum penalty of 20 years in prison on each wire fraud-related count; 10 years in prison on each computer damage count; and five years in prison on each of the other counts. A federal district court judge will determine any sentence after considering the U.S. Sentencing Guidelines and other statutory factors.

    Supervisory Official Antoinette T. Bacon of the Justice Department’s Criminal Division, U.S. Attorney Erek L. Barron for the District of Maryland, Assistant Director Bryan Vorndran of the FBI’s Cyber Division, and Special Agent in Charge William J. DelBagno of the FBI Baltimore Field Office made the announcement.

    The FBI Baltimore Field Office is investigating the case. The Justice Department extends its thanks to international judicial and law enforcement partners in the United Kingdom, Germany, Japan, Spain, Belgium, Poland, Czech Republic, France, Thailand, Finland, and Romania, as well as Europol and the U.S. Department of Defense Cyber Crime Center, for their cooperation and coordination with the Phobos ransomware investigation. The National Security Division’s National Security Cyber Section and the Justice Department’s Office of International Affairs also provided valuable assistance.

    Senior Counsel Aarash A. Haghighat of the Criminal Division’s Computer Crime and Intellectual Property Section (CCIPS) and Assistant U.S. Attorney Thomas M. Sullivan for the District of Maryland are prosecuting the case. Former CCIPS Trial Attorney Riane Harper and former Assistant U.S. Attorneys Aaron S.J. Zelinsky and Jeffrey J. Izant for the District of Maryland provided substantial assistance.

    Additional details on protecting networks against Phobos ransomware are available at StopRansomware.gov, including Cybersecurity and Infrastructure Security Agency Advisory AA24-060A.

    An indictment is merely an allegation. All defendants are presumed innocent until proven guilty beyond a reasonable doubt in a court of law.

    MIL OSI USA News –

    February 12, 2025
  • MIL-OSI USA: China’s crude oil imports decreased from a record as refinery activity slowed

    Source: US Energy Information Administration

    In-depth analysis

    February 11, 2025

    Data source: China General Administration of Customs, Bloomberg L.P.


    Slower oil demand growth in 2024 led to less crude oil processed by China’s refineries and fewer crude oil imports compared with the record high set in 2023. China, the world’s largest importer of crude oil, received 11.1 million barrels per day (b/d) in 2024, down from 11.3 million b/d in 2023. Even though total imports decreased about 2%, imports from some countries increased while others decreased.

    Why did China’s crude oil imports decrease last year?

    We estimate that 16.3 million b/d of petroleum and other liquid fuels were consumed in China last year, second only to the United States globally. China’s domestic crude oil production averaged 4.3 million b/d in 2024, so the country had to import crude oil to meet the demand from its domestic refined petroleum product and petrochemical manufacturing sectors. China’s refiners imported 11.1 million b/d of crude oil and processed 14.2 million b/d. Both crude oil imports and refinery runs decreased in China from record levels in 2023, when the country imported 11.3 million b/d of crude oil and processed 14.8 million b/d.

    Net decreases in the consumption of transportation fuel (gasoline, diesel, and jet fuel) last year meant China’s refineries processed less crude oil. Monthly data from China’s National Bureau of Statistics and General Administration of Customs indicate that consumption of both gasoline and jet fuel grew in China during 2024, but consumption of diesel fuel offset this growth with a large decline from 2023. These estimates are preliminary and subject to revision until late 2025, when China publishes annual consumption data, which we use to update our International Energy Statistics.

    Instead of transportation fuels, liquefied petroleum gases (LPG), naphtha, or other petroleum products that can be imported directly for petrochemical manufacturing instead of refined from crude oil have led China’s growth in petroleum consumption. As a result, the net decline in transportation fuel demand reduced both refinery runs and import demand for crude oil in China last year.

    Which countries do China’s refiners import crude oil from?

    China’s refiners purchase crude oil from dozens of countries, with Russia, Saudi Arabia, Iraq, Oman, and Malaysia being the largest sources. Imports from Malaysia increased significantly last year to 1.4 million b/d, which is more than Malaysia’s domestic crude oil production of around 0.6 million b/d. The large difference stems from crude oil cargoes that were initially shipped from Iran but were then relabeled or transferred to avoid sanctions.

    Imports from Russia increased in 2024 for the third consecutive year and averaged 2.2 million b/d, 1% more than in 2023. China increased imports from Russia after the Group of Seven (G7) country import bans and sanctions limited Russia’s ability to sell crude oil after its full-scale invasion of Ukraine in 2022. These actions prompted Russia to sell some of its crude oil at discounted prices, making it more attractive to certain buyers.

    On January 10, 2025, the United States announced additional sanctions on several oil vessels transporting crude oil from Russia. Because of potential disruptions from these actions, refiners in China may reduce purchases from Russia and replace those barrels with others from crude oil exporting countries not subject to sanctions, such as Brazil, Canada, the United States, or countries in the Middle East.

    China’s second-largest source of crude oil imports was Saudi Arabia, although these imports decreased for the third consecutive year and averaged 1.6 million b/d, 9% less than in 2023.

    Data source: China General Administration of Customs, Bloomberg L.P.
    Note: Congo=Congo-Brazzaville


    Imports from other Middle East OPEC countries including the United Arab Emirates (UAE) and Kuwait also declined, but imports from Iraq increased. Although small, crude oil imports from Canada increased, particularly in the second half of the year after the Trans Mountain expansion (TMX) project began commercial operations in May 2024. This pipeline expansion brings increased crude oil export capacity to Asia from Canada’s West Coast, which contributed to imports at more than 0.3 million b/d from Canada in September, an all-time high.

    What factors will affect China’s crude oil imports and refining this year?

    We forecast petroleum consumption in China will grow more slowly in 2025 and 2026 than in previous years in our latest Short-Term Energy Outlook. Because we expect growth in China’s consumption will outpace China’s domestic production of crude oil and other liquids, we believe net imports will increase. Last summer, we released a study on refinery capacity expansions in China and other countries through 2028. Several integrated refining and petrochemical complexes will open or expand over the next few years, suggesting crude oil imports will continue growing to meet feedstock demand from these facilities.

    However, a tax change implemented in December 2024 creates considerable uncertainty for China’s petroleum trade balance this year. China reduced a value-added tax rebate offered on some petroleum product exports, which reduces their competitiveness in world markets. Depending on the effects of this change on Chinese refiners’ operations and profitability, refinery runs and crude oil imports could decline.

    Data source: U.S. Energy Information Administration, Short-Term Energy Outlook, January 2025
    Note: We forecast net imports as domestic consumption minus production.

    Principal contributor: Jeff Barron

    MIL OSI USA News –

    February 12, 2025
  • MIL-OSI Security: Key figures behind Phobos and 8Base ransomware arrested in international cybercrime crackdown

    Source: Europol

    This follows a series of high-impact arrests targeting Phobos ransomware:An administrator of Phobos was arrested in South Korea in June 2024 and extradited to the United States in November of the same year. He is now facing prosecution for orchestrating ransomware attacks that encrypted critical infrastructure, business systems, and personal data for ransom.A key Phobos affiliate was arrested in Italy…

    MIL Security OSI –

    February 12, 2025
  • MIL-OSI: Codeword Elevates Gabie Kur to Partner, Driving New Phase of Growth and Client Services Alongside Leadership Evolution

    Source: GlobeNewswire (MIL-OSI)

    NEW YORK, Feb. 11, 2025 (GLOBE NEWSWIRE) — Today, communication agency Codeword announced the promotion of Gabie Kur to Partner, Head of Growth, making her the agency’s first-ever woman partner, first growth lead, and first partner addition in more than a decade. In her new role, Kur will oversee business development, external communications, agency service expansions, and innovative partnerships. She will continue to oversee Codeword’s PR practice as well. She joins partners Kyle Monson and Michael McKloskey on Codeword’s executive leadership bench.

    Kur has spent over a decade at Codeword, most recently as Senior Vice President, PR, where she doubled Codeword’s client retention, tripled its monthly minimum retainer, and grew the team amid challenges in the tech, media, and PR industries. She has led PR programs for global brands such as Lowe’s, ASUS, Coway, Skillshare, Drift, and Alphabet’s Wing, and has successfully launched over 200 companies across her career. Her leadership in strategic growth, PR, and client expansion positions her to build out the agency’s growth function and push Codeword’s capabilities to the next level.

    “At Codeword, we’re constantly working to strengthen the way we support both our clients’ and our growth. I’m eager to maximize Codeword’s momentum in a reinvigorated function that equips our teams to deliver the best work we can for the brands that count on us,” said Kur. “This role is the perfect blend of everything I love—PR, problem-solving, business development—and I’m especially looking forward to working even more closely with Kyle and Michael, who have played pivotal roles in much of my career.”

    Codeword leadership is equally excited to add Kur to the partner bench.

    “I’ve worked closely with hundreds of PR pros over the years, and there’s nobody like Gabie,” said Kyle Monson, founding partner at Codeword. “She has a level of energy that defies the laws of physics, and her intelligence and problem-solving skills are adored by both her clients and her teammates. Over the past few years, we watched her do the impossible, and push the business forward in an era of industry retraction. After years of trying and failing to find her limit, we’re like ‘Maybe the limit does not exist. Why doesn’t she just run the place with us?’ And we’re delighted that she agreed to it. I hope we continue to make memories and good work together for a very long time.”

    Alongside Kur’s elevation to partner, Codeword upleveled its leadership across the agency.

    Ted Brown has been named Head of Editorial, reporting to Kyle Monson. Ted brings over fourteen years of creative and editorial leadership to the role. After joining Codeword two years ago, Brown quickly became a trusted partner for high-profile clients like Google and Android. In his new position, Brown will set and maintain the bar for Codeword’s editorial output, and manage Codeword’s team of writers and editors, the agency’s largest department. He’ll also continue mentoring the next generation of writers and creatives, helping them push boundaries and refine their craft in an evolving media landscape. Outside of Codeword, Brown continues to be a regular contributor to The New York Times, The Atlantic, Rolling Stone, and The New Yorker.

    Katy Donkin has been appointed Head of Client Accounts, reporting to Michael McKloskey. Over her eight years at Codeword, Donkin has cultivated deep, trust-based relationships with major clients—her expert stewardship has allowed the agency to maintain a decade-long partnership with Google. She has demonstrated a unique ability to craft audience-driven strategies that deliver results, foster long-term satisfaction, and meet detailed client needs. In this elevated role, Donkin’s focus will be on helping teams proactively orchestrate success while ensuring effective client delivery and maintaining high client satisfaction. Throughout her time at the agency, she’s played a vital role in developing her team, mentoring colleagues, and championing Codeword’s client relationships—all while seamlessly managing her responsibilities remotely from New Zealand.

    Liv Allen has been named Head of PR, reporting to Gabie Kur. Allen has been instrumental in growing the PR team and expanding the department’s integrated communications capabilities since joining Codeword in 2017. Across her career, Allen has worked with a diverse range of brands—from startups like Codeacademy and Outerspace to global companies such as ASUS, Payscale, and Sennheiser, as well as publicly traded companies like NVIDIA, Adobe, and Lowe’s. Her expertise in creating impactful media moments and fostering strong relationships has been integral to the agency’s success.

    “We’re hyped as hell to announce the new leadership roles for Gabie, Ted, Katy, and Liv. Each of them has consistently shown their commitment to Codeword’s mission to create brand experiences people actually care about,” said Michael McKloskey, managing partner and EVP at Codeword. “They make a positive impact on their clients’ businesses. They lead their teams to be better marketers. They shape Codeword into an ever-evolving agency of expert communicators. It’s an incredible combination that’s setting us up for limitless success. There’s nothing this team can’t accomplish together.”

    About Codeword
    Codeword is a communication design agency that helps brands create breakthrough comms, content, and community experiences. A team of fast-moving writers, designers, PR pros, and strategists, Codeword fosters an independent spirit with global scale and capabilities. The nationwide team is remote-first, with offices in NYC and SF. Part of the WE Communications family.

    Find us online at: www.codewordagency.com or @codewordagency

    The MIL Network –

    February 12, 2025
  • MIL-OSI: Bitdeer Announces Fourth Quarter and Full Year 2024 Earnings Conference Call for February 25, 2025

    Source: GlobeNewswire (MIL-OSI)

    SINGAPORE, Feb. 11, 2025 (GLOBE NEWSWIRE) — Bitdeer Technologies Group (NASDAQ: BTDR) (“Bitdeer” or the “Company”), a world-leading technology company for blockchain and high-performance computing, today announced that it has scheduled its fourth quarter and full year 2024 earnings conference call and webcast for Tuesday, February 25, 2025 at 8:00 AM EST. During the call, Bitdeer management will discuss the preliminary and unaudited financial and operational results for the quarter and year ended December 31, 2024, followed by a question-and-answer session.

    Bitdeer will release its fourth quarter and full year 2024 preliminary and unaudited results before the call at approximately 7:00 AM EST on February 25, 2025. A copy of the earnings release will be available on the Company’s Investor Relations website at https://ir.bitdeer.com.

    Conference Call Information:

    • Date: February 25, 2025
    • Time: 8:00 AM EST / 9:00 PM SGT
    • Participant Call Links:
      • Live Webcast: Link
      • Participant Call Registration: Link

    Participants wishing to join the conference call by phone should register using the Participant Call Registration link provided above. After completing the registration, the participants will receive an email with the necessary details to access the call including dial-in number, passcode, and PIN. To ensure a timely start, the Company encourages all callers to connect about 5 minutes before the scheduled time.

    A live and archived webcast of the conference call will be available on the Investors section of Bitdeer’s website at https://ir.bitdeer.com.

    About Bitdeer Technologies Group

    Bitdeer is a world-leading technology company for blockchain and high-performance computing. Bitdeer is committed to providing comprehensive computing solutions for its customers. The Company handles complex processes involved in computing such as equipment procurement, transport logistics, datacenter design and construction, equipment management, and daily operations. The Company also offers advanced cloud capabilities to customers with high demand for artificial intelligence. Headquartered in Singapore, Bitdeer has deployed datacenters in the United States, Norway, and Bhutan. To learn more, visit https://ir.bitdeer.com/ or follow Bitdeer on X @ BitdeerOfficial and LinkedIn @ Bitdeer Group.

    Investors and others should note that Bitdeer may announce material information using its website and/or on its accounts on social media platforms, including X, formerly known as Twitter, Facebook, and LinkedIn. Therefore, Bitdeer encourages investors and others to review the information it posts on the social media and other communication channels listed on its website.

    Forward-Looking Statements

    Statements in this press release about future expectations, plans, and prospects, as well as any other statements regarding matters that are not historical facts, may constitute “forward-looking statements” within the meaning of The Private Securities Litigation Reform Act of 1995. The words “anticipate,” “look forward to,” “believe,” “continue,” “could,” “estimate,” “expect,” “intend,” “may,” “plan,” “potential,” “predict,” “project,” “should,” “target,” “will,” “would” and similar expressions are intended to identify forward-looking statements, although not all forward-looking statements contain these identifying words. Actual results may differ materially from those indicated by such forward-looking statements as a result of various important factors, including factors discussed in the section entitled “Risk Factors” in Bitdeer’s annual report on Form 20-F, as well as discussions of potential risks, uncertainties, and other important factors in Bitdeer’s subsequent filings with the U.S. Securities and Exchange Commission. Any forward-looking statements contained in this press release speak only as of the date hereof. Bitdeer specifically disclaims any obligation to update any forward-looking statement, whether due to new information, future events, or otherwise. Readers should not rely upon the information on this page as current or accurate after its publication date.

    For investor and media inquiries, please contact:

    Investor Relations
    Orange Group
    Yujia Zhai
    bitdeerIR@orangegroupadvisors.com

    Public Relations
    BlocksBridge Consulting
    Nishant Sharma
    bitdeer@blocksbridge.com

    The MIL Network –

    February 12, 2025
  • MIL-OSI Global: Camp Hill virus explained: what are the risks of a henipavirus outbreak in America?

    Source: The Conversation – UK – By Shirin Ashraf, Postdoctoral Researcher, MRC-Centre for Virus Research, University of Glasgow

    A new pathogen, called Camp Hill virus, was recently discovered in Alabama, drawing attention to a group of viruses known as henipaviruses. This is a big deal because other viruses in this group are linked to serious, often fatal, disease, and this is the first time one of them has been found in North America.

    Camp Hill virus was discovered by looking at tissue samples from short-tailed shrews that were collected in 2021. It’s a new species of virus that’s related to other dangerous viruses such as Nipah and Hendra, which have caused serious outbreaks in other parts of the world. It’s also distantly related to the measles virus.

    The first known henipavirus, Hendra virus, was identified in Australia in 1994. There have been just seven cases of humans getting infected – four of them were fatal.

    Nipah virus, discovered in Malaysia in 1998, is much more deadly. It has caused 30 outbreaks in south-east Asia, infecting over 600 people, with death rates as high as 100% in some cases.

    These viruses usually cause fever and other serious symptoms, such as brain swelling and difficulty breathing. They are thought to be carried by bats and can spread to humans through their saliva or urine. Horses are also thought to be carriers.

    Thanks to new technology that allows scientists to study the genetics of viruses, they’ve now found nearly 20 species of henipaviruses around the world. These viruses have been found on every continent except Antarctica, including places like Ghana, China, Australia and Brazil. This shows that henipaviruses are probably common in nature, and new ones could pop up almost anywhere.

    For example, in China, a virus called Mojang virus was linked to the deaths of three workers who were exposed to it in a mine. Another virus, Langya, spread by shrews, caused an outbreak in which 35 people got sick – although they all recovered.

    So far, other henipaviruses haven’t caused human infections, but the potential is there.

    The rapid growth in our understanding of these viruses comes from improvements in technology and global efforts to study diseases. But it also reminds us that viruses can suddenly jump from animals to humans in unpredictable ways.

    Whether a virus can harm humans depends on how well it can infect human cells, and how badly it affects the body. Some viruses cause mild symptoms, while others can lead to life-threatening diseases. Studying these viruses requires scientists to look closely at their genetic code and run laboratory tests to understand how they work.

    Henipaviruses can infect many animals, including bats, horses, monkeys, dogs, cats and even rodents. This means they are more adaptable and have a higher chance of jumping from animals to humans in different ways. In comparison, a virus like measles can only infect humans, which makes it less likely to spread to other species.

    No drugs or vaccines … yet

    There is no cure for henipavirus infections, but researchers are working on a vaccine for Nipah virus. Some new treatments, such as monoclonal antibodies, are also being developed but aren’t ready for use yet. This makes Nipah and Hendra viruses major public health concerns. The World Health Organization has called for more research to help fight them.

    While there’s no evidence that Camp Hill virus has infected any humans yet – and the chances of it doing so are low – its discovery in North America is a reminder that viruses can emerge anywhere. Even though shrews usually live in forests and don’t come into much contact with people, the potential for the virus to spread remains a worry.

    The more we learn about these viruses, the better we’ll be at creating vaccines that can protect us from both known and new threats. Keeping up with research and staying prepared is crucial to protecting global health from future outbreaks.

    Shirin Ashraf does not work for, consult, own shares in or receive funding from any company or organisation that would benefit from this article, and has disclosed no relevant affiliations beyond their academic appointment.

    – ref. Camp Hill virus explained: what are the risks of a henipavirus outbreak in America? – https://theconversation.com/camp-hill-virus-explained-what-are-the-risks-of-a-henipavirus-outbreak-in-america-249183

    MIL OSI – Global Reports –

    February 12, 2025
  • MIL-OSI Global: Five ways that illustrations can tell climate justice stories

    Source: The Conversation – UK – By Andi Misbahul Pratiwi, PhD Candidate, School of Geography, University of Leeds

    Climate change is often communicated through scientific reports, statistics and policy discussions. However, these technical approaches can be inaccessible to the public, failing to capture the experiences of those most affected.

    Climate narratives structured as stories that involve emotional engagement and personal anecdotes are more effective at mobilising communities, influencing policy and promoting pro-environmental actions across diverse audiences. By blending art with storytelling, illustrations can make complex environmental issues, such as climate justice, much more accessible to the general public.

    Illustrations are not just artistic expressions. They can amplify the voices of affected communities and help make the case for climate justice. In an era where climate action is urgent, harnessing the power of illustration can be transformative. It can challenge dominant narratives while creating more inclusive and participatory ways of understanding climate action.

    I have been collaborating with Puspita Bahari, an Indonesian fisherwomen’s movement to develop ways to communicate the effects of tidal floods and the importance of feminist solidarity. For my PhD research, I spent seven months carrying out fieldwork in three coastal villages in Demak, Central Java, Indonesia. This involved interviews, observations and creative workshops with the community.

    By drawing on 38 women’s firsthand experiences, we have published an illustrated book: Tidal Floods: Women, Fisheries, and Climate Crisis in Indonesia (2024). This story about Indonesia’s fisherwomen explores the intersections of gender, environmental change, activism and the future of the country’s coastal regions. Here are five ways that collaborative illustrations can be used to tell female-led climate justice stories:

    1. Intersectional narration

    The effects of tidal flooding on Indonesian women vary depending on location, livelihood, age and disability status. Along the coastline, women in Indonesia are involved in selling fish, processing seafood and fishing at sea, alongside domestic work.

    This book does not depict women as having a single, monolithic identity. Instead, the images portray their varied realities. These shape how they experience climate injustice and how pre-existing inequalities reproduce new climate injustices.

    Intersectional narration is storytelling that captures how different aspects of identity overlap to shape people’s experiences in complex ways. Using this, various issues such as economic hardship, domestic violence, sexual reproductive health, physical and mental health can be better represented.

    The image below illustrates these challenges. A woman with a disability is unable to use her wheelchair because the village is sinking. A pregnant woman struggles to access healthcare facilities. Fisherwomen face declining incomes due to environmental and economic pressures.

    2. Body maps

    To understand the complexity of climate impacts, I worked with women to draw body maps. As they annotated each picture, fisherwomen shared their embodied experiences of living with tidal floods as an everyday disaster.

    Body mapping is an intimate cartographic process that involves tracing the body and visually exploring one’s lived experience. This method goes beyond textual and oral narratives. It helps women recall and record body memories that might otherwise remain unspoken.

    Their body maps are not just research artefacts. They have been translated into powerful visuals so their personal stories can be shared in this book. The picture above illustrates one fisherwoman’s daily struggles, physical and physiological burdens – so the image reveals the complex, gendered, and intersectional effects of tidal floods.

    3. Historical context

    Certain pictures show how the coastal landscapes are rapidly changing and how villages are sinking at an alarming rate. This historical context is not only drawn from women’s oral narratives but also from past photo albums shared by the community.

    The picture below illustrates the landscape change over 20 years, from rice fields to tidal floodwaters.

    4. Movement and agency

    Beyond documenting vulnerabilities and the social, ecological and economic effects of climate change on women, this book shows how these women have agency. This manifests in various ways, from small acts of resilience to broader feminist solidarity.

    When they work together as a community, women can adapt through collective action. This includes planting crops, building cooperatives and holding demonstrations. Stories can play a role in moving beyond positioning women not just as victims but as people with valuable knowledge and the ability to assert their agency and drive sustainable climate action.

    5. Reflection and collective ownership

    In an era defined by uncertainty and rapid change, the ability to pause and reflect on climate justice is more valuable than ever. Certain images actively encourage readers to reflect on more tech-driven and infrastructure-focused responses to the climate crisis.

    The final pages include questions that prompt critical thinking about the links between gender, climate justice and activism. For example, “what do you think will happen if we do not address the climate crisis?”

    Rather than extracting knowledge from women, especially those in Global South countries, this book is co-created. Fisherwomen’s voices and narratives are central to the storytelling process. By reclaiming conversations about climate change that are often dominated by international forums, we can hear and learn from the people who are most affected. And hopefully inspire more climate advocacy and grassroots action.


    Don’t have time to read about climate change as much as you’d like?

    Get a weekly roundup in your inbox instead. Every Wednesday, The Conversation’s environment editor writes Imagine, a short email that goes a little deeper into just one climate issue. Join the 40,000+ readers who’ve subscribed so far.


    The creation of this book was funded by the GENERATE Project as part of a United Kingdom Research and Innovation (UKRI) Future Leaders Fellowship at the University of Leeds: www.generateproject.org.

    – ref. Five ways that illustrations can tell climate justice stories – https://theconversation.com/five-ways-that-illustrations-can-tell-climate-justice-stories-249104

    MIL OSI – Global Reports –

    February 12, 2025
  • MIL-OSI Asia-Pac: Suspected E. coli cluster probed

    Source: Hong Kong Information Services

    The Centre for Health Protection (CHP) today said it is looking into a suspected Shiga toxin-producing Escherichia coli (STEC) infection cluster involving three doctors at Princess Margaret Hospital’s Oncology Department.

    One of the doctors passed away on February 7.

    After receiving notification from the hospital yesterday, the CHP, together with representatives from the hospital and Hong Kong University Chair of Infectious Diseases Prof Yuen Kwok-yung, inspected the workplace of the Oncology Department and other facilities of the hospital this morning.

    Initial investigations revealed that the three doctors developed symptoms on February 4, 6 and 10, CHP Communicable Disease Branch Head Dr Albert Au said.

    “Symptoms included fever, abdominal pain and diarrhea.

    “One of them, who had the onset of symptoms on February 4, was admitted to Princess Margaret Hospital for treatment on February 6 and passed away the following day. The other two affected individuals had mild symptoms.”

    Preliminary test results showed that the stool specimen from one of them tested positive for STEC, while those of the other two, including the deceased patient, tested negative.

    “Taking into account the clinical and epidemiological information, the CHP tentatively believed that the cluster may be associated with STEC infection.”

    While the CHP’s epidemiological and environmental investigations are ongoing, it will continue to collaborate with the Hospital Authority and the University of Hong Kong’s Department of Microbiology to trace the potential source of infection.

    Meanwhile, Princess Margaret Hospital has strengthened the monitoring of the gastrointestinal symptoms among its staff and requested that any staff with relevant symptoms report immediately for laboratory tests. It has also arranged a comprehensive disinfection of the oncology office area.

    Secretary for Health Prof Lo Chung-mau expressed profound sadness over the passing of the oncologist.

    Prof Lo said: “I would like to extend my deepest condolences to the doctor’s family on behalf of the Health Bureau, and the Hospital Authority will make every effort to assist them.”

    The young doctor had been working for the Hospital Authority since graduation from medical school to serve Hong Kong citizens.

    Prof Lo pointed out that the doctor, having just obtained a specialist qualification in oncology, was still taking care of patients in the ward right before the onset of symptoms.

    “I am deeply moved by the doctor’s professionalism, passion for work and care for patients. The doctor is genuinely a role model for colleagues of the healthcare profession.”

    In general, STEC infections are usually associated with the consumption of contaminated food or water, such as raw or undercooked meat products, contaminated fruits and vegetables, and unpasteurised dairy products. Direct person-to-person transmission through the faecal-oral route can also occur.

    MIL OSI Asia Pacific News –

    February 12, 2025
  • MIL-OSI Security: Saving Lives, Delivering the Future: Heroes in Uniform and Scrubs

    Source: United States Navy (Medical)

    Story by: Chiara M. Caputo

    U.S. Navy Medicine and Training Command (USNMRTC) Sigonella highlights the accomplishments of three remarkable physicians who have dedicated their lives to serving both their patients and their country. These leaders in military medicine embody the values of innovation, resilience, and selfless service.

    Through their tireless efforts, these physicians have not only advanced medical care within the Military Health System but have also paved the way for future generations of leaders in medicine and the armed forces. Each of their stories highlights a profound commitment to excellence and a passion for making a difference, whether on the battlefield, in clinics, or through groundbreaking research.

    We honor their contributions and celebrate their unwavering dedication to health care, military service, and the pursuit of a healthier, stronger future. Through their stories, we hope to inspire future generations and showcase the unwavering commitment of these women in uniform and in diverse roles in Navy Medicine.

    Brandi L Sakai, MD
    Commander, USN
    Board Certified Emergency Medicine Physician

    Born in Welsh, Louisiana, on June 6, 1981, Cmdr. Sakai grew up with a passion for science and the ocean. After graduating from the Louisiana School for Math, Science, and the Arts in 1998, she pursued marine biology, studying diverse ecosystems from the marshes of Louisiana to Scotland’s marine mammals and the vibrant reefs of the Virgin Islands. Her work at the Roy L. Schneider Hospital’s barometric pressure chamber sparked her drive to combine science with service, graduating cum laude with a B.S. in Biology.

    In 2005, she commissioned in the Navy through the Armed Forces Health Professions Scholarship Program (HPSP) and began medical school at Louisiana State University Health Sciences Center. Hurricane Katrina hit during her training, and Commander Sakai worked tirelessly in pop-up clinics, providing care and vaccinations to displaced communities. This experience shaped her dedication to serving others in times of crisis.
    Her Navy career has been marked by leadership and innovation. From integrating Marine medical services in Japan to creating advanced training programs for shock trauma care, she has consistently raised the bar for military medicine. As the Senior Medical Officer in Okinawa and later the Department Head of Emergency Medicine in Guantanamo Bay, she improved operations, ensured top-tier care, and earned recognition for her commitment to excellence.

    Beyond her professional achievements, Commander Sakai is a certified Emergency Medicine Diplomate and a devoted wife and mother of two. When she’s not scuba diving, sailing, or baking, she’s embracing projects that reflect her passion for problem-solving and innovation.

    Reflecting on her career, Cmdr. Sakai shared, “I had many jobs that many would consider a career. I was a PADI scuba instructor and manager of the storefront of a tour operation in St. Thomas US Virgin Islands (USVI). If you took a cruise to the island, you walked past our store on the docks. We may have said hello two decades ago! After doing the job for 5 years, I felt that I had learned all that I could, and there was no chance for advancement based on performance, so I knew that I needed something new and challenging. After getting my degree in Marine Biology and presenting environmental research to the Senate on USVI fisheries and the impact of hotel expansion, I realized that I enjoyed talking and educating people one-on-one, and speaking to rooms and presenting posters wasn’t going to make me happy. I volunteered at the local Emergency Department, and the variety and mental challenge of solving a puzzle on every patient kept me coming back. I decided to turn it into a career, but I also hated to stay in one place (there was a big wide world to explore), so I joined the Navy and never looked back. I did a General Surgery internship, and the Chaplain and I were the only Naval Officers in my first duty with the Marines in Iwakuni, Japan for 3 years. Being part of the Marines for 3 years to start my career really shaped me and set the tone for all my OCONUS tours since. My husband was an Ombudsman and found a great career as a financial educator that allows him to work virtually. If you need advice on mainland Japan, Korea, Okinawa, or Guantanamo Bay, or love medicine and want to explore your options give me a ring.”

    Meagan G. Chauvin, MD, FACOG
    Lieutenant Commander, USN
    Director of Medical Services/Staff Attending OBGYN

    A Houston, Texas native, Lt. Cmdr. Meagan Chauvin has built a remarkable career in military medicine. After earning her Bachelor of Science in Chemistry with Distinction from the U.S. Naval Academy in 2010, she completed her Medical Doctorate at the University of Texas Medical School at Houston in 2014. She completed her Obstetrics and Gynecology residency in 2018 at Naval Medical Center San Diego.

    Her first assignment as a staff OB/GYN took her to Naval Hospital Guam, where she led the OB/GYN Clinic as Department Head and earned Board Certification in Obstetrics and Gynecology. Later, at Fort Belvoir Community Hospital in Virginia, she became Department Chief of the Women’s Health Clinic, further demonstrating her leadership and dedication to women’s health.

    Now serving as the Director of Medical Services at Naval Hospital Sigonella in Italy, Lt. Cmdr. Chauvin continues to lead with excellence. Among her awards are the Defense Meritorious Service Medal and the Navy and Marine Corps Commendation Medal.

    Lt. Cmdr. Chauvin is also a proud wife to Matthew Gerard Chauvin and mom to three children—EJ, Madeline, and Ellie—balancing her professional success with a fulfilling family life. Reflecting on her career, LCDR Chauvin shared, “I was inspired to become an OBGYN, because I loved taking care of women across their lifespan and developing long-term relationships with my patients. In addition, I love welcoming babies into the world and being part of helping patients grow their families. I joined the Navy after being inspired by classmates from high school who also went to service academies. The Naval Academy was an amazing experience that led me to the most important job I can imagine, supporting Navy women and families as an OBGYN. I am proud to follow in the Navy tradition of my great grandfather, who served on a troop transport ship in WWI, and my grandfather, who joined via the Navy V-12 program during WWII.”

    Kristen Shafer, MC
    Lieutenant, USN
    Emergency Medicine Attending

    Born in New York, New York, Lt. Shafer discovered her passion for science and outreach early in life. After earning her bachelor’s degree in chemistry pre-medicine at Indiana University of Pennsylvania in 2014, she brought the wonders of chemistry to life for local elementary students through her self-created Chemistry Magic Show.

    In 2015, she pursued her Master of Science in Space Physiology and Health at King’s College London, where her thesis explored visual function and impairment in dynamic environments. She collaborated with the United Kingdom space program’s Mission X initiative, blending her love of science with public engagement.

    Lt. Shafer joined the Navy through the HPSP program and earned her Doctor of Medicine from Stony Brook University in 2020, graduating early to assist with the initial surge of COVID-19 patients in New York. She went on to complete her Emergency Medicine Residency at USNMRTC Portsmouth in 2024, where she expanded Science, Technology, Engineering, and Math (STEM) outreach programs, inspiring over 300 high school students annually.

    Now an Emergency Medicine Attending at USNMRTC Sigonella, Lt. Shafer continues her commitment to both medicine and mentorship. As Emergency Response Committee Chair, she oversees emergency preparedness, and as a liaison to local DoDEA schools, she is developing a mentorship program to introduce students to healthcare careers and military opportunities.

    With a passion for outreach and academic medicine, LT Shafer embodies the Navy’s mission to serve both on and off the field, inspiring the next generation of leaders. Reflecting on her career in emergency medicine, Lt. Shafer said, “In emergency medicine, we need to be ready for whatever comes in the door at any time. Military medicine lets me practice that medicine and be comfortable providing care not just at any time, but any place in the world and to a population that is dedicated to serving others and making a difference.”

    USNMRTC Sigonella is one of The Defense Health Agency’s Overseas Military Treatment Facilities (MTF). The staff are comprised of active duty service members, General Service (GS), contractors, and Local Nationals. It ensures maximum readiness by providing high-quality, safe patient and family-centered care to maximize force health protection for all beneficiaries, to included NATO and transient DoD forces in the U.S. Fifth Fleet and U.S. Sixth Fleet areas of operation.

    The U. S. Naval Academy (USNA) offers a variety of academic curriculums that prepare their graduates for a rewarding military career. Graduates of the USNA will accept a commission for 5 years of active duty service in the U.S. Navy or Marine Corps. For more information regarding the USNA visit: https://www.usna.edu/homepage.php.

    If you are already in or plan to attend school to be a physician, dentist, optometrist, physician assistant or clinical psychologist, the Armed Forces Health Professions Scholarship Program (HPSP) will pay your educationally based tuition and fees for up to four years of school and provide a monthly stipend paid directly to you. After graduation, you’ll join the Navy’s active duty team as a commissioned officer. In return, you agree to serve a minimum of 2 years on active duty or year for year of scholarship, whichever is longer.

    MIL Security OSI –

    February 12, 2025
  • MIL-OSI Security: Phobos Ransomware Affiliates Arrested in Coordinated International Disruption

    Source: Office of United States Attorneys

    WASHINGTON — The Justice Department today unsealed criminal charges against Roman Berezhnoy, 33, and Egor Nikolaevich Glebov, 39, both Russian nationals, who allegedly operated a cybercrime group using the Phobos ransomware that victimized more than 1,000 public and private entities in the United States and around the world and received over $16 million in ransom payments. Berezhnoy and Glebov were arrested yesterday as part of a coordinated international disruption of their organization, which includes additional arrests and the technical disruption of the group’s computer infrastructure.

    From May 2019, through at least October 2024, Berezhnoy, Glebov, and others allegedly caused victims to suffer losses resulting from the loss of access to their data in addition to the financial losses associated with the ransomware payments. The victims included a children’s hospital, health care providers, and educational institutions.

    According to court documents, Berezhnoy, Glebov, and others operated a ransomware affiliate organization, including under the names “8Base” and “Affiliate 2803,” among others, that victimized public and private entities through the deployment of Phobos ransomware.

    As part of the scheme, Berezhnoy, Glebov, and others allegedly hacked into victim computer networks, copied and stole files and programs on the victims’ network, and encrypted the original versions of the stolen data with Phobos ransomware. The conspirators then allegedly extorted the victims for ransom payments in exchange for the decryption keys to regain access to the encrypted data by, among other things, leaving a ransom note on compromised victim computers and separately reaching out to victims to initiate ransom payment negotiations.

    As alleged, the conspirators also threatened to expose victims’ stolen files to the public or to the victims’ clients, customers, or constituents if the ransoms were not paid. The conspirators are further alleged to have established and operated a darknet website where they repeated their extortionate threats and ultimately published the stolen data if a victim failed to pay the ransom.

    After a successful Phobos ransomware attack, criminal affiliates paid fees to Phobos administrators for a decryption key to regain access to the encrypted files. Each deployment of Phobos ransomware was assigned a unique alphanumeric string in order to match it to the corresponding decryption key, and each affiliate was directed to pay the decryption key fee to a cryptocurrency wallet unique to that affiliate.

    The charges unsealed today against Berezhnoy and Glebov follow the recent arrest and extradition of Evgenii Ptitsyn, a Russian national, on charges relating to his alleged administration of the Phobos ransomware variant.

    In parallel with today’s arrests, Europol and German authorities have announced an international operation involving the FBI and other international law enforcement partners to disrupt over 100 servers associated with this criminal network.

    Berezhnoy and Glebov are charged in an 11-count indictment with one count of wire fraud conspiracy, one count of wire fraud, one count of conspiracy to commit computer fraud and abuse, three counts of causing intentional damage to protected computers, three counts of extortion in relation to damage to a protected computer, one count of transmitting a threat to impair the confidentiality of stolen data, and one count of unauthorized access and obtaining information from a protected computer. If convicted, Berezhnoy and Glebov face a maximum penalty of 20 years in prison on each wire fraud-related count; 10 years in prison on each computer damage count; and five years in prison on each of the other counts. A federal district court judge will determine any sentence after considering the U.S. Sentencing Guidelines and other statutory factors.

    Erek L. Barron, U.S. Attorney for the District of Maryland; Supervisory Official Antoinette T. Bacon of the Justice Department’s Criminal Division; and Special Agent in Charge William J. DelBagno of the FBI Baltimore Field Office, made the announcement.

    The FBI Baltimore Field Office is investigating the case. The Justice Department extends its thanks to international judicial and law enforcement partners in the United Kingdom, Germany, Japan, Spain, Belgium, Poland, Czech Republic, France, Thailand, Finland, and Romania, as well as Europol and the U.S. Department of Defense Cyber Crime Center, for their cooperation and coordination with the Phobos ransomware investigation. The Justice Department’s National Security Division and Office of International Affairs also provided valuable assistance.

    Assistant U.S. Attorney Thomas M. Sullivan for the District of Maryland and Senior Counsel Aarash A. Haghighat of the Criminal Division’s Computer Crime and Intellectual Property Section (CCIPS) are prosecuting the case. Former CCIPS Trial Attorney Riane Harper and former Assistant U.S. Attorneys Aaron S.J. Zelinsky and Jeffrey J. Izant for the District of Maryland provided substantial assistance.

    Additional details on protecting networks against Phobos ransomware are available at StopRansomware.gov, including Cybersecurity and Infrastructure Security Agency Advisory AA24-060A.

    An indictment is merely an allegation. All defendants are presumed innocent until proven guilty beyond a reasonable doubt in a court of law.

    ###

    MIL Security OSI –

    February 12, 2025
  • MIL-OSI USA: Office of the Governor — News Release — Maui Wildfires Settlement Will Move Forward According to Hawai‘I Supreme Court Decision

    Source: US State of Hawaii

    Office of the Governor — News Release — Maui Wildfires Settlement Will Move Forward According to Hawai‘I Supreme Court Decision

    Posted on Feb 10, 2025 in Latest Department News, Newsroom, Office of the Governor Press Releases

    STATE OF HAWAIʻI 
    KA MOKU ʻĀINA O HAWAIʻI 

     
    JOSH GREEN, M.D. 
    GOVERNOR
    KE KIAʻĀINA 

     

    MAUI WILDFIRES SETTLEMENT WILL MOVE FORWARD ACCORDING TO HAWAI‘I SUPREME COURT DECISION 
     

    FOR IMMEDIATE RELEASE
    February 10, 2025

    HONOLULU – In a unanimous decision today, the Hawaiʻi Supreme Court ruled against insurance companies and in favor of the state, to allow the $4 billion dollar Maui wildfires litigation settlement to move forward.

    Insurance companies had refused to enter into a settlement with the defendants, claiming that they had the right to make claims against the defendants, including the state of Hawaiʻi, to recoup what was paid out to the fire victims, a process referred to as subrogation.

    All five Hawai‘i Supreme Court justices said in their written order that the exclusive remedy, under HRS 663-10, is for the property and casualty insurer to request the money paid out to be reimbursed by the insured. The settlement monies from the defendants will go directly to fire victims rather than to the insurance companies.

    “As Governor of Hawai‘i, I welcome the state Supreme Court’s unanimous decision to uphold the $4 billion Maui wildfire settlement. We reached this historic settlement for the wildfire survivors on Maui through a collaborative effort to do what is right (pono), for our people, consistent with our values,” said Governor Josh Green, M.D. “The settlement came exactly one year after the fire occurred, when most felt it could take five years or more to reach agreement. Today’s decision will help our people heal much sooner, as we continue to rebuild and recover.”

    Governor Green went on to say, “Going forward I will continue to work with all parties, including those who opposed the settlement, to expedite our critical recovery as a people and a state.”

    “We are very pleased that this hurdle to resolving the claims of the fire victims has been cleared,” said Attorney General Anne Lopez.

    The case was remanded to the Circuit Court of the Second Circuit for further proceedings. The Supreme Court decision can be found here.

    # # # 

    Media Contacts:   
    Erika Engle
    Press Secretary
    Office of the Governor, State of Hawai‘i
    Phone: 808-586-0120
    Email: [email protected]

    Makana McClellan
    Director of Communications
    Office of the Governor, State of Hawaiʻi
    Cell: 808-265-0083
    Email: [email protected]

    MIL OSI USA News –

    February 12, 2025
  • MIL-OSI Economics: Thales and Bharat Dynamics Ltd Agree on Initial Supply of Man Portable Air Defence systems to India

    Source: Thales Group

    Headline: Thales and Bharat Dynamics Ltd Agree on Initial Supply of Man Portable Air Defence systems to India

    11 Feb 2025

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    • Thales and Bharat Dynamics Limited (BDL) will provide a first supply of Laser Beam Riding MANPAD (LBRM) Very Short Range Air Defence (VSHORAD) Missiles and launchers to the Indian Ministry of Defence. This is a major success, following on from the signing of the Partnership Agreement in 2021 between Thales and BDL to work on the LBRM, with the support of the Indian and UK Governments.
    • This agreement will improve India’s Air Defence capabilities to enable them to enhance their national security with a highly accurate and countermeasure-resistant up-to-date technology.
    • LBRM, manufactured up to 60% in India, are short-range, man-portable, air-defence systems and optimised to provide defence against air threats, including fixed-wing Fighter Ground Attack aircraft and late unmasking Attack Helicopters, as well as drones.
    ©Thales

    Bengaluru, 10 February 2025: Thales and Bharat Dynamics Limited (BDL) are proud to announce the signing of an initial supply of Laser Beam Riding Man Portable Air Defence systems (LBRM) in response to a requirement set out by the Indian Government to support India’s air defence capabilities.

    This initial supply of High Velocity Missiles (STARStreak) and launchers will be delivered this year and represents the first time that India has received this latest VSHORAD capability. This step confirms the foundation of a long-term collaboration and manufacturing partnership between Thales and BDL. In the spirit of the ‘Make in India’ initiative, this partnership will serve the current and future requirements of the Indian Ministry of Defence.

    Thales, together with BDL, is committed to the transfer of technology (ToT) of battle proven capabilities to India to equip the Indian Armed Forces.

    This contract represents the first major agreement since the establishment of the United Kingdom’s Defence Partnership-India, a bespoke programme office breaking down barriers to trade and offering government-to-government contracting, where appropriate, further solidifying the defence and security relationship between the two nations. This contract also reflects Thales’ long-term partnership of 70+ years with India, serving as a testimony to its continued growth.

    A production partnership with India will also increase UK production at the Thales Belfast site, where LBRM is designed.

    Lord Vernon Coaker, Minister of State for Defence, said: “This exciting collaboration is just one of the ways that we are growing our defence relationship and partnership with India. While supporting India’s air defence capability and global security, this agreement also demonstrates defence as an engine for growth and delivers on the government’s Plan for Change.”

    “This is a momentous occasion for all the stakeholders involved in the development of LBRM Air Defence solutions. It signifies the beginning of an exciting chapter in our collaboration with BDL, contributing to the Aatmanirbhar Bharat vision. The UK-India strategic partnership finds renewed strength through this contract, which is poised to make a significant impact in the domain of air defence in India.” declared Pascale Sourisse, President & CEO, Thales International.

    “We are pleased to take our collaboration with Thales to this next significant step, enhancing our contribution to the defence ecosystem and our ability to support existing and future LBRM Air Defence customers. This initiative aligns perfectly with our Government’s ‘Make in India,’ ‘ease of doing business,’ and ‘Aatmanirbhar Bharat’ programmes, giving a major boost to the local industry through partnerships with global organisations like Thales.” said Cmde A Madhavarao (retd.), Chairman and Managing Director, Bharat Dynamics Limited.

    “The signing of this contract with BDL and Thales to support India’s air defence capability is a huge stride forward in strengthening our partnership with India. I am proud to see that Thales’ expertise in the domain of Air defence will bring vital, battle proven capabilities to India.” said Phil Siveter, CEO of Thales in the UK.

    About LBRM

    High Velocity Missiles (STARStreak) are a truly versatile, complex weapon system. Designed for very short-range air defence, they are the fastest missiles in their class at Mach >3.0. They are best suited to address late unmasking threats such as fixed and rotary wing targets, Unmanned Aerial Systems (UAS) and pop-up attack helicopters.

    Thales is a world leader in the provision of Air Defence solutions and in particular of complex weapon systems and has been a trusted partner of forces in this field for more than 60 years.

    About Thales

    Thales (Euronext Paris: HO) is a global leader in advanced technologies specialized in three business domains: Defence & Security, Aerospace, and Cyber & Digital.

    It develops products and solutions that help make the world safer, greener and more inclusive.

    The Group invests close to €4 billion a year in Research & Development, particularly in key innovation areas such as AI, cybersecurity, quantum technologies, cloud technologies and 6G.

    Thales has close to 81,000 employees in 68 countries. In 2023, the Group generated sales of €18.4 billion.

    About BDL

    BDL, right from its inception in the year 1970, has been in the forefront of Defence Technology to manufacture state of the art, cost-effective Missile systems, underwater weapons and allied defence equipment to the Indian Armed Forces. With the domain expertise, BDL participates in the indigenously developed missile programs by DRDO, ToT from Foreign OEMs or co-developed using in house R&D and manufactures the world class products for the domestic and international market.

    About Thales in India

    Present in India since 1953, Thales is headquartered in Noida and has other operational offices and sites spread across Delhi, Bengaluru and Mumbai, among others. Over 2200 employees are working with Thales and its joint ventures in India. Since the beginning, Thales has been playing an essential role in India’s growth story by sharing its technologies and expertise in Defence, Aerospace and Cyber & Digital markets. Thales has two engineering competence centres in India – one in Noida focused on Cyber & Digital business, while the one in Bengaluru focuses on hardware, software and systems engineering capabilities for both the civil and defence sectors, serving global needs.

    PRESS CONTACTS

    Bharat Dynamics Ltd

    Homnidhi Sharma

    +91 94939 84976

    bdlbd-pr@bdl-india.in

    Thales, Group Media Relations

    Defence

    Camille Heck

    +33 6 73 78 33 63

    camille.heck@thalesgroup.com

    Thales, Communications in India

    Pawandeep Kaur

    +91 9990098828

    pawandeep.kaur@thalesgroup.com

    MIL OSI Economics –

    February 12, 2025
  • MIL-OSI Russia: Dmitry Patrushev: Agricultural trade turnover between Russia and India increased by more than 60% in 2024

    Translartion. Region: Russians Fedetion –

    Source: Government of the Russian Federation – An important disclaimer is at the bottom of this article.

    Dmitry Patrushev held a working meeting with the Ambassador Extraordinary and Plenipotentiary of the Republic of India to the Russian Federation Vinay Kumar

    February 11, 2025

    Dmitry Patrushev held a working meeting with the Ambassador Extraordinary and Plenipotentiary of the Republic of India to the Russian Federation Vinay Kumar

    February 11, 2025

    Ambassador Extraordinary and Plenipotentiary of the Republic of India to the Russian Federation Vinay Kumar

    February 11, 2025

    Dmitry Patrushev held a working meeting with the Ambassador Extraordinary and Plenipotentiary of the Republic of India to the Russian Federation Vinay Kumar

    February 11, 2025

    Previous news Next news

    Dmitry Patrushev held a working meeting with the Ambassador Extraordinary and Plenipotentiary of the Republic of India to the Russian Federation Vinay Kumar

    Deputy Prime Minister of Russia Dmitry Patrushev held a working meeting with Ambassador Extraordinary and Plenipotentiary of the Republic of India to the Russian Federation Vinay Kumar. The meeting participants discussed the possibilities of cooperation between the two countries in the field of agriculture.

    “Trade in agricultural products and food between Russia and India is growing rapidly. Thus, last year, the turnover of agricultural products increased by more than 60%. We are interested in further development of mutual trade,” said Dmitry Patrushev.

    The Deputy Prime Minister added that Russia is ready to increase exports to India of vegetable oils, livestock and fish products, wheat and legumes and, in addition, is interested in importing Indian agricultural products, including fruits and vegetables.

    The meeting also discussed possible additional growth points for the development of bilateral cooperation.

    Please note: This information is raw content directly from the source of the information. It is exactly what the source states and does not reflect the position of MIL-OSI or its clients.

    MIL OSI Russia News –

    February 12, 2025
  • MIL-OSI Asia-Pac: Prime Minister Shri Narendra Modi addresses inaugural session of India Energy Week 2025

    Source: Government of India (2)

    Posted On: 11 FEB 2025 4:17PM by PIB Delhi

    The Prime Minister Shri Narendra Modi delivered his remarks at the inauguration of third edition of India Energy Week 2025 via video message today. Addressing the gathering at Yashobhoomi, he emphasized that the attendees are not just part of the Energy Week, but are also integral to India’s energy ambitions.

    India Energy Week was envisioned as more than just another industry conference—it was designed to be a dynamic platform redefining global energy dialogues. In just two years, this self-funded initiative has achieved precisely that, becoming the world’s second-largest energy event. IEW 2025, scheduled from February 11-14, 2025, at Yashobhoomi, New Delhi, represents a significant milestone in shaping the global energy narrative.

     

    Highlighting that experts worldwide are asserting that the 21st century belongs to India, Shri Modi remarked, “India is driving not only its growth but also the growth of the world, with the energy sector playing a significant role”. He emphasized that India’s energy ambitions are built on five pillars: harnessing resources, encouraging innovation among brilliant minds, economic strength and political stability, strategic geography making energy trade attractive and easier, and commitment to global sustainability. The Prime Minister noted that these factors are creating new opportunities in India’s energy sector.

    “India has grown from the tenth largest to the fifth largest economy in the past decade”, remarked Shri Modi. He highlighted that India’s solar energy generation capacity has increased thirty-two times in the last ten years, making it the third-largest solar power generating nation in the world. He noted that India’s non-fossil fuel energy capacity has tripled and that India is the first G20 country to achieve the goals of the Paris Agreement. The Prime Minister emphasized India’s achievements in ethanol blending, with a current rate of nineteen percent, leading to foreign exchange savings, substantial farmer revenue, and significant reductions in CO2 emissions. He highlighted India’s goal of achieving a twenty percent ethanol mandate by October 2025. He remarked that India’s biofuels industry is ready for rapid growth, with 500 million metric tonnes of sustainable feedstock. He further noted that during India’s G20 presidency, the Global Biofuels Alliance was established and is continuously expanding, now involving 28 nations and 12 international organizations. He highlighted that this alliance is transforming waste into wealth and setting up Centers of Excellence.

    Highlighting that India is continuously reforming to fully explore the potential of its hydrocarbon resources, Shri Modi highlighted that major discoveries and extensive expansion of gas infrastructure are contributing to the growth of the gas sector, increasing the share of natural gas in India’s energy mix. He noted that India is currently the fourth largest refining hub and is working to increase its capacity by 20 percent.

    Pointing out that India’s sedimentary basins hold numerous hydrocarbon resources, some of which have already been identified, while others await exploration, the Prime Minister highlighted that to make India’s upstream sector more attractive, the Government introduced the Open Acreage Licensing Policy (OALP). He emphasized that the Government has provided comprehensive support to the sector, including opening the Exclusive Economic Zone and establishing a single-window clearance system. Shri Modi noted that changes to the Oilfields Regulation & Development Act now offer stakeholders policy stability, extended leases, and improved financial terms. He emphasized that these reforms will facilitate the exploration of oil and gas resources in the maritime sector, increase production, and maintain strategic petroleum reserves.

    Prime Minister underlined that due to several discoveries and the expanding pipeline infrastructure in India, the supply of natural gas is increasing. He emphasized that this will lead to a rise in the utilization of natural gas in the near future. He also highlighted that there are numerous investment opportunities in these sectors.

    Shri Hardeep Singh Puri, Minister of Petroleum & Natural Gas, in his address at the event, highlighted the growing significance of the event, which has rapidly become the second-largest energy conference in the world in just three years. This year’s edition has drawn over 70,000 energy professionals from more than 50 countries, including over 20 Ministers and 100 CEOs from Fortune 500 energy companies, making it a key forum 6for discussions on the evolving global energy landscape.

    Shri Puri underscored that IEW 2025 comes at a crucial juncture amid major geopolitical shifts that have reshaped the global energy order. He stressed that the conference offers a unique opportunity for policymakers, industry leaders, and stakeholders to engage in meaningful dialogue, exchange ideas, and chart a course for a balanced and inclusive energy transition. While reaffirming India’s commitment to sustainability, he emphasized that the transition must be pragmatic, recognizing the continued role of hydrocarbons alongside renewables, hydrogen, and biofuels. He cited the International Energy Agency’s (IEA) projection of global energy investment surpassing USD 3 trillion in 2024, with USD 2 trillion dedicated to clean energy technologies, as a clear indication of the accelerating shift toward cleaner energy sources.

    The Minister highlighted India’s leadership in driving energy innovation and entrepreneurship, noting that major global energy firms like BP, Shell, ExxonMobil, and Chevron operate Global Capability Centres in India, employing thousands of Indian engineers to develop cutting-edge solutions for energy efficiency, data analytics, and sustainable operations. He also acknowledged the role of 500+ entrepreneurs participating in start-up challenges such as Avinya and Vasudha, and the 700 exhibiting companies, including over 100 start-ups, showcasing AI-driven energy solutions, quantum computing applications, and advancements in biofuels and battery technologies.

    A key theme of his address was energy justice, where he warned against fragmented energy policies that could deepen inequality by leaving developing economies behind in the transition. He emphasized the need for resilient supply chains in critical minerals, semiconductors, and emerging energy technologies, calling for global collaboration to prevent disruptions that could hinder progress. He also pointed out that India is strategically investing in diverse energy sources, including scaling up biofuel production, increasing its gas share from 6% to 15%, and targeting 5 million metric tonnes of hydrogen production by 2030 to ensure a smooth transition without compromising energy security.

    Concluding his remarks, Shri Puri urged all stakeholders to leverage India Energy Week as a platform for forging transformative partnerships and shaping the global energy agenda. He invited the 6,000+ delegates to engage in the conference’s discussions over the next four days, focusing on strategies to stabilize energy markets, drive technological advancements, and enhance international cooperation. With India playing an increasingly central role in the global energy ecosystem, IEW 2025 is set to be a landmark event for defining the future of energy.

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    MONIKA

    (Release ID: 2101769) Visitor Counter : 48

    MIL OSI Asia Pacific News –

    February 12, 2025
  • MIL-OSI Asia-Pac: New device enables smart windows to change color without external power source

    Source: Government of India (2)

    Posted On: 11 FEB 2025 4:13PM by PIB Delhi

    Researchers have developed a new generation of smart windows with advanced self-charging, color-responsive technology with integrated energy storage.

    Conventional smart windows are only capable of modulating the transmission of light. Researchers have made a significant leap in smart window technology by developing innovative windows that not only change color but also possess self-rechargeable capabilities, making them a promising addition to modern buildings. These smart windows enhance aesthetics by seamlessly switching colors while simultaneously storing energy, a feature that could revolutionize energy efficiency in architecture.

    For decades, the quest to fabricate functional windows has focused on boosting performance and adding new functionalities. However, when it comes to windows with energy storage and rechargeable capabilities, challenges like cyclic stability and the need for external power have restricted their widespread adoption.

    Addressing these issues, researchers from the Centre for Nano and Soft Matter Sciences (CeNS), an autonomous institution under the Department of Science and Technology (DST) in Bengaluru, India, have developed a device that enables smart windows to change color without requiring an external power source.

    A team led by Dr. Ashutosh Kumar Singh explored the integration of zinc-ion (Zn2+) battery concept in smart windows, utilizing tungsten oxide (WO3) as the primary active material in a paper published in the journal Energy Storage Materials.

    A major finding of the study is the successful use of spray coating of tungsten oxide with ethanol as a solvent, which resulted in superior uniformity and film quality, due to the Marangoni flow effect (isphenomenon of a liquid moving from areas of low surface tension to high surface tension, in the way soap makes water flow away from dirty spots). Additionally, the incorporation of hybrid Zn-K electrolytes significantly enhanced both the electrochromic and electrochemical performance of the devices, achieving a high transmittance modulation of 50% and impressive cyclic stability lasting up to 10000 seconds.

    The team successfully developed and tested a prototype device using the optimized WO3sample and Zn-K electrolytes. The prototype demonstrated remarkable cyclic stability over 3000 cycles, rapid self-charging within 10 minutes, and reversible optical modulation of 40%, highlighting its potential for sustainable energy storage in future smart electronic applications.

    This research represents a significant advancement in smart window technology, emphasizing the potential of WO3-based materials to create energy-efficient and sustainable electronic solutions. The findings pave the way for integrating these devices into smart electronics, potentially powered by renewable energy sources, marking a major step forward in the pursuit of sustainable energy solutions and demonstrating the practical utility of transparent batteries in modern technology.

    Figure: Schematic representation of hybrid electrolyte. Configuration of an electrochromic battery (left), a visual representation of the device in charged and discharged states (right).

     

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    NKR/PSM

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    MIL OSI Asia Pacific News –

    February 12, 2025
  • MIL-OSI Asia-Pac: SETTING UP OF FLOATING JETTIES

    Source: Government of India (2)

    Posted On: 11 FEB 2025 4:11PM by PIB Delhi

    The Ministry of Ports, Shipping and Waterways is actively promoting the establishment of floating jetties across various locations in India. These initiatives aim to enhance infrastructure for both fishing activities, tourism and cargo transport. A total of 50 locations in Karnataka, Tamil Nadu, Puducherry, Andhra Pradesh and Kerala have been identified for implementation under Phase I of floating jetties projects out of which 12 locations in Andhra Pradesh are floating jetties related to fisheries. The details are at Annexure.

    Floating jetties can significantly benefit both fishermen and cargo transport. For fishermen, they provide stable docking in varying water levels, enabling year-round access to the water, reducing downtime caused by tides, and improving safety and convenience for unloading catch. For cargo transport, floating jetties offer flexibility in accommodating different vessel sizes, enhancing port capacity and efficiency, and supporting both small-scale and large-scale shipping. This infrastructure boosts logistics, reduces congestion at fixed docks, and facilitates smoother, uninterrupted operations.

    This information was given by the Union Minister for Ports, Shipping and Waterways, Shri Sarbananda Sonowal in Rajya Sabha, today.

     

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    G.D. Hallikeri/Henry

    (Release ID: 2101764) Visitor Counter : 41

    MIL OSI Asia Pacific News –

    February 12, 2025
  • MIL-OSI Asia-Pac: HIGH PRIORITY PROJECTS UNDER SAGARMALA

    Source: Government of India (2)

    Posted On: 11 FEB 2025 4:09PM by PIB Delhi

    The Sagarmala programme is the flagship programme of the Ministry of Ports, Shipping and Waterways to promote port-led development in the country through harnessing India’s 7,500 km long coastline, 14,500 km of potentially navigable waterways and strategic location on key international maritime trade routes. As a part of Sagarmala Programme, around 839 projects at an estimated cost of around 5.5 lakh crore have been identified for implementation. These projects are implemented by Central Ministries, IWAI, Indian Railways, NHAI, State Government and Major Ports etc. As of now, 272 projects have been completed, which account for an investment of approximately Rs. 1.41 lakh crores.

    For timely execution of projects, Ministry on regular intervals interacts with State Maritime Boards (SMBs)/State Govts/UTs’Administration/Central Line Ministries by organizing project based and State level meetings to understand their concerns and aiding to resolve the issues concerning Government of India in timely manner. Ministry from time to time holds Maritime States Development Council (MSDC) meetings and also encourage coastal States/UTs to hold State Sagarmala Committee meetings for creating synergy among various stakeholders for expeditious implementation of Sagarmala projects. To date, twenty meetings of MSDC have been held with State Governments and other stakeholders. Further, at the top of the Sagarmala framework, a National Sagarmala Apex Committee has been constituted for overall policy guidance and high-level coordination, and to review aspect of planning and implementation of the plan and projects.

    Sagarmala Programme core focus is economic and infrastructural development, which has indirect strategic significance. By modernizing and expanding Indian ports, India strengthens its position in the Bay of Bengal, Arabian Sea and Indian Ocean region. The programme aims to boost maritime trade within India and internationally, improving its standing as a global maritime hub, which directly competes with neighbouring countries.

    This information was given by the Union Minister for Ports, Shipping and Waterways, Shri Sarbananda Sonowal in Rajya Sabha, today.

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    G.D. Hallikeri/Henry

    (Release ID: 2101762) Visitor Counter : 43

    MIL OSI Asia Pacific News –

    February 12, 2025
  • MIL-OSI Asia-Pac: LOGISTICS PERFORMANCE INDEX

    Source: Government of India (2)

    Posted On: 11 FEB 2025 4:08PM by PIB Delhi

    As per the World Bank’s Logistics Performance Index (LPI), 2023 India moved up to 22nd Rank in the Global Ranking in International Shipments category and the Overall 38th Rank in Logistics Performance Index score. Indian Ports have registered quantum improvement in “Turn Around Time”. Global comparison of Indian Ports on “Turn Around Time” parameter, as published in World Bank’s Logistics Performance Index (LPI) Report-2023, acknowledges Indian Ports “Turn Around Time” as 0.9 days which is better than USA (1.5 days), Australia (1.7 days), Belgium (1.3 days), Canada (2.0 days), Germany (1.3 days), UAE (1.1 days), Singapore (1.0 days), Russian Federation (1.8 days), Malaysia (1.0 days), Ireland (1.2 days), Indonesia (1.1 days), New Zealand (1.1 days) and South Africa (2.8 days).

    The Maritime Amrit Kaal Vision 2047 was developed in alignment with the principles of the blue economy. It outlines long-term aspirations for India’s maritime sector and provides a broad action plan for implementation. The vision aims to transform the sector through various key initiatives, including the expansion of port capacity through greenfield and brownfield developments, enhancing operational efficiency by leveraging automation and digitization, and making the sector more sustainable through green initiatives such as the development of hydrogen hubs. In addition to sustainability, the vision emphasizes the development of islands and the cruise sector, aiming to boost coastal tourism and related infrastructure. It also focuses on strengthening maritime capacity building by enhancing workforce training and skill development. Furthermore, the vision aspires to elevate India’s global maritime presence by increasing participation in international maritime platforms. Another critical area of focus is the shipbuilding and repair sector. The vision seeks to position India as a global leader in shipbuilding while also working toward increasing the country’s shipping tonnage. To achieve these ambitious objectives, the strategy proposes a comprehensive set of interventions spanning infrastructure development, policy reforms, technological advancements, institutional strengthening, and regulatory enhancements.

    GMIS 2023 attracted investment commitment of ₹10 lakh crore. This includes signing of 360 MoUs, with an investment commitment of ₹8.35 lakh crore (including international collaborations), and the announcement of additional investible projects worth ₹1.68 lakh crore.

    This information was given by the Union Minister for Ports, Shipping and Waterways, Shri Sarbananda Sonowal in Rajya Sabha, today.

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    G.D. Hallikeri/Henry

    (Release ID: 2101760) Visitor Counter : 42

    MIL OSI Asia Pacific News –

    February 12, 2025
  • MIL-OSI Asia-Pac: ENHANCING PORT EFFICIENCY

    Source: Government of India (2)

    Posted On: 11 FEB 2025 4:07PM by PIB Delhi

    During the year 2023-24, the Major Ports handled total cargo traffic of 820 million tonnes against a combined capacity of 1,630 million tonnes per annum, resulting in approximately 50% capacity utilization. From 2013-14 to 2023-24, the average turnaround time of Major Ports has decreased by an impressive 49%, while the average Output per Ship Berth Day has seen a significant rise of 52% during the same period. India’s logistics performance has significantly improved, rising to 38th position in the 2023 World Bank’s Logistics Performance Index (LPI), up from 54th in 2014. This progress is attributed to factors like reduced port dwell times, faster turnaround times and significant advancements in international shipment and delivery timeliness rankings.

    Infrastructure development and capacity augmentation of Major Ports is a continuous process. It involves construction of new berths and terminals, mechanization of existing berths and terminals, capital dredging for increasing drafts for attracting larger vessels, development of road, rail and waterways connectivity, etc. Further, Vadhavan Port in Maharashtra has been approved to be developed as the mega container port in the country catering the requirement of handling new generation mega size container vessels.

    This information was given by the Union Minister for Ports, Shipping and Waterways, Shri Sarbananda Sonowal in Rajya Sabha, today.

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    G.D. Hallikeri/Henry

    (Release ID: 2101759) Visitor Counter : 38

    MIL OSI Asia Pacific News –

    February 12, 2025
  • MIL-OSI Asia-Pac: DOUBLING CRUISE PASSENGER TRAFFIC

    Source: Government of India (2)

    Posted On: 11 FEB 2025 4:06PM by PIB Delhi

    The Cruise Bharat Mission (CBM), was launched by the Hon’ble Minister on 30th September 2024. CBM provides for a framework for inter-ministerial approach for crafting interventions along policy, regulatory, and other aspects governing cruise sector and enable responsible involvement of all regulatory agencies, such as Customs, Immigration, CISF, State Tourism Departments, State Maritime Agencies, District Administrations, and local police. The key performance indicator (KPI) in respect to cruise passenger, phase wise are as under:

    This information was given by the Union Minister for Ports, Shipping and Waterways, Shri Sarbananda Sonowal in Rajya Sabha, today.

    ***

    G.D. Hallikeri/Henry

    (Release ID: 2101758) Visitor Counter : 40

    MIL OSI Asia Pacific News –

    February 12, 2025
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