China, Russia boost Arctic gas extraction

BY CHINA DIALOGUE China and Russia promised more collaboration to open up the northern sea route and develop the Arctic region with more infrastructure, resource extraction and tourism, during Xi Jinping’s state visit last week. The so-called “Ice Silk Road”, which, ironically, is dependent on global heating reducing ice coverage, aims to “develop a global trade corridor between the Pacific and the Atlantic”, writes government … Continue reading China, Russia boost Arctic gas extraction

China building world’s largest LNG carrier

BY CHINA DAILY China is building the world’s largest liquefied natural gas carrier with a capacity of 270,000 cubic meters to cope with the rising demand for the clean fuel in the nation, a top shipbuilder said on Tuesday. Shanghai-based Hudong-Zhonghua Shipbuilding (Group) Co Ltd, a shipbuilding unit of China State Shipbuilding Corporation has joined hands with Norway-based internationally accredited registrar and classification society DNV-GL … Continue reading China building world’s largest LNG carrier