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
US Congressional Research Service US sanctions on Iran already ban most U.S trade , block Iran government's assets in the U.S. and prohibit U.S. foreign assistance and arms sales as per the Congressional Research Service . A large number of people and companies Iranian as well as foreign have been the subject of sanctions .
Bleak Future of Offshore Turbines Soaring inflation, rising energy costs and global temperatures have demolished any vision of achieving electricity generation of 70 % through renewable energy sources by the 2030's whether in the US or EU. Vested stakeholders within the US and EU underestimated the market of offshore turbines being rudely jolted by these
Highly Priced Yachts of Russian Oligarchs Pursuant to the Russian invasion of Ukraine last year the US and its European allies imposed sanctions against Russian owners of yachts and villas on the presumption that the owners were associated with the Russian government. Initial seizures were impounding of a 213-foot yacht owned by Alexei Mordashov in
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.
Economic & Commercial Maritime Energy Rivalry - Urals Oil Russia’s Urals oil is used as a reference brand for pricing of export oil mixture with the other main reference brand being Brent. It comprises a mix of heavy sour oil of Urals and the Volga Region blended with light oil of Western Siberia Urals crude
UAE no longer attractive Investment Hub for " Hot money " Financial Action Task Force (FATF) , a Paris-based global watchdog , has categorised UAE on the FATF 'gray list' endangering its position as a regional financial centre . Now transactions and commercial trade in the seven Emirates of the United Arab Emirates will be
LNG Gulf of Ob and Logistics The Yamal to Europe natural gas pipeline is a 4,107 km long pipeline designed to connect Russia’s gas in Yamal and Siberia to European natural gas markets. The pipeline's original route is through Belarus. Construction of the pipeline commenced in 1994 with Gazprom being the lead developer and the
Kazakhstan Railway as a Logistic Hub After the dissolution of the Soviet Union Kazakhstan inherited a railway system spread over 15,000 km connected to Russia, Kyrgyzstan, Turkmenistan and Uzbekistan. The land mass of Kazakhstan ,a landlocked country, covers an area of 2.7 million sq km. Kazakhstan is developing into a logistic hub between Europe, Middle
Remotely patrolling the Persian Gulf The Gulf Cooperation Council (GCC) member countries namely Kuwait, Saudi Arabia, Bahrain, United Arab Emirates, Qatar and Oman are creating and expanding a joint or multinational fleet of unmanned surface vessels (USV’s). The Persian Gulf through which the world’s major oil routes pass is 35 to 200 miles wide at
