The Australian Financial Review News

On Feb. 10 last year, the cable ship CS Dependable appeared off the coast of the island of Diego Garcia, an Indian Ocean atoll that’s home to a discreet U.S. naval base.Over the next month, the ship’s crew covertly laid an underwater fiber-optic cable to the military base, an operation code-named “Big Wave,” according to four people with direct knowledge of the mission, as well as a Reuters analysis of satellite imagery and ship tracking data.The new super-fast internet link to Diego Garcia, which has not previously been reported, will boost U.S. military readiness in the Indian Ocean, a region where China has expanded its naval influence over the last decade.The CS Dependable is owned by SubCom…

A private firm is looking to import liquefied natural gas (LNG) to South Australia starting in 2020, around the same time as two other proposed import projects, looking to fill a supply gap as domestic gas gets sucked into LNG exports.Venice Energy, set up by former BHP Billiton executives, plans to submit a development application to the South Australian government within the next month to park a floating storage and regasification unit (FSRU) in Port Adelaide, Managing Director Kym Winter-Dewhirst said.If regulatory approvals come through by March, construction could begin by June 2019, he told Reuters in an interview. The project would be funded partly by Venice's owners…

Australian Foreign Minister Julie Bishop will on Tuesday hail the role of international law in settling regional conflicts, comments apparently aimed at bolstering Australian efforts to build a coalition against Chinese assertiveness. Bishop, in a speech ahead of a special meeting of the Association of South East Asian Nations (ASEAN) in Sydney, will not name China but will argue that international law will stabilise a region strained by rival claims in the South China Sea. "The rules-based order is designed to regulate behaviour and rivalries of and between states…