Latest Tech News
South Korea collaborates withVietnam in Shipbuilding Sector The HD Hyundai Vietnam Shipbuilding (HVS) was established in the year 1996 as a joint venture between Hyundai Mipo Shipbuilding and Vietnam National Shipping Corporation and is acknowledged as the first successful project of overseas expansion of the Korean shipbuilding industry. Initially it came into being as a
Green Shipping Fuels Myths The global liquefied natural gas (LNG) tanker fleet inclusive of floating storage units crossed the figure of 772 this year. Although LNG carriers have been capable of utilising boil-of-gas as a fuel for steam turbines for over fifty years it was not till the year 2000 that a non-LNG carrier vessel
Vietnam Rising Economy of Southeast Asia Vietnam once considered as an isolated country is now a middle-income country with a dynamic, enterprising and young population and an increasingly important U.S. partner. In the year 2023 the President of USA and the then General Secretary Nguyễn Phú Trọng agreed to elevate the U.S.-Vietnam relationship to a
Coastal Shipping integration with Inland Waterways India's Cabinet has approved the Coastal Shipping Bill, 2024 designed to eliminate the requirement for Indian-flagged vessels to acquire a general trading licence to operate in coastal waters causing shares of Shipping Corporation of India to soar. The background of the bill is the demand of Indian shipowners for
Israel Haifa Port & US Maritime Concerns India's Adani Ports Group along with a Israeli logistics group acquired Israel's premier Mediterranean Sea Port of Haifa .The Adani Ports conglomerate is expanding its portfolio in Israel and future plans include establishing of a trade and strategic gateway connecting the Port of Haifa and Middle Eastern region
Civilian Mariners Support US Navy A civil service mariner (CIVMAR) is a US federal government employee who pursues a civil service career while assigned aboard U.S. government-owned ships supporting the US Navy’s warfighters and warfighting platforms deployed world wide.Such CIVMARs comprise almost 80% of US Navy workforce and reflect standards found aboard civilian merchant or
Dispute Resolution Defining Maritime Arbitration A maritime arbitration is any arbitration which has a certain relation with a ship.Such a relation involves the carriage of goods or passengers by sea, sale of second hand ships or construction or the chartering of floating crafts as diverse as a superyacht or offshore support vessel. Diversity and a
China Leads in Renewables China has emerged as the leader in the development of renewable energy and by the year 2017, China’s wind and solar power capacity reached 168 GW and 130GW respectively, generating 5.3 percent of China’s electricity supply. Correspondingly in photovoltaic (PV) technology the price of PV modules decreased from about 30 Yuan
Turkiye Cancels Construction Deal It seems that as a reaction to Turkey’s unflinching support to Pakistan on the Kashmir issue India canceled a contract with a Turkish firm involved in a ship-building project in India .This cancellation took place while India was hosting the Chief of the Hellenic National Defense General Staff at a fighter
Mass Production of Laser Weapons South Korea is likely to commence this year mass production of low-cost laser weapons that has displayed remarkable success in shooting down small drones during testing. Such laser weapons can be deployed to target North Korean drones.South Korea will have the unique distinction of becoming the first country to deploy
