LNG Vessels & Mergers The European Commission has blocked the proposed merger between Daewoo Shipbuilding & Marine Engineering and Hyundai Heavy Industries on the premise that a monopoly would be established in the construction of large Liquefied Natural Gas (LNG) vessels which are an integral component of the LNG supply chain and ensure energy security.
Living Underwater A major step forward in human underwater exploration was in the year 1960 with the maiden dive of the Trieste bathyscaphe, a submersible, to the Challenger Deep at a depth of almost 10,916 meters. An ocean exploration company is currently investing around £ 100 m in a former deep diving site in U.K
Inland Waterways Part II Reducing Cost of Doing Business by lowering Freight & Transportation Charges Mr Arshad Abbasi , renowned Inland Waterway expert , has opined that the maritime or blue economy can be synergised with and expanded by inland water transportation (IWT). In his professional view all shipments from Peshawar to Karachi can be
China's Quest for Seaports Access & LNG Trade Commerce dependent on seaborne trade: The Chinese Communist Party declared that “maritime power” status was essential to realizing its national ambitions. In 2017 China’s imports of liquefied natural gas (LNG) rose by an unanticipated 46 % reflected in 16 operational LNG terminals importing 71 bcm emphasizing that
Blue or Green Hydrogen Blue hydrogen growth is likely to exceed " green H2 " in the US as projects in the US are" blue hydrogen " oriented i.e source being natural gas with the additional distinction of carbon capture. This is in stark contrast to green H2 produced through renewable electricity and water electrolysis.
Deep Subtidal Waters The Roberts Bank Terminal 2 (project) has been approved to be developed as a marine container terminal on Canada’s West coast. Its location in deep subtidal waters is designed to minimize environmental effects. The burden will not be on the taxpayer as the port authority will finance the project. The federal government
China enters Aircraft Carrier Manufacturing Arena Courtesy Daily Sabah China possesses an extended air defence coverage and its threat perception lies in the likely commissioning in the year 2023 of a Type 002 carrier outfitted with catapult launch enabling a multi role capability. This effort lends credence to the theory that China is in pursuit
Term Blue Economy The term “blue economy” entered common parlance after the United Nations (UN) Conference on Sustainable Development held in the year 2012 to promote marine ecosystem integrated management .Yet the ensuing concluding remarks did not allude to the word blue. The emphasis during the UN conference was about building adequate capacity for
Global Naval Maritime Exhibition Abu Dhabi NAVDEX 2023 is the region’s leading naval defence and maritime security exhibition scheduled to take place in February 2023 at Abu Dhabi under the patronage of His Highness Sheikh Khalifa Bin Zayed Al Nahyan, President of the UAE. Such conferences , exhibitions and events can be categorised as segments of the
Sanctions & Disruption of Energy Supply Chain Courtesy The Japan Times After the conflict in Ukraine erupted Russian supply of oil and piped gas to the European Union got severely disrupted. The US and EU imposed sanctions as well as a price cap on Russian crude. The ostensible purpose seems to be to curb Russia's
