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.
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
India is expected to commence the world’s longest river cruise as a flagship project in management of water resources. The cruise will cover a distance of more than 3,200 km meandering across 27 river systems and passing through the jurisdiction of 5 states. An enormous amount of work and initiatives were in the background and a prime
