Russian Surveillance Technology Company, Ntechlab, to Export Facial Recognition Software to India

On June 29, Russian facial recognition technology company, Ntechlab, announced that, in the next month, it will deploy its software across 30 Indian Railways stations, with aspirations to expand the company’s surveillance system throughout the entire Indian railway network. Ntechlab is backed by RT-Business, a subsidiary of the state-owned defense enterprise, Rostec. It is also backed by the Russian Direct Investment Fund among other ...

Chinese Natural Gas Deals in Central Asia Foreshadow Expanded Pipeline Project

On June 18, CNPC Chuanqing Drilling Engineering Company Ltd. (a subsidiary of CNPC) won a tender from Turkmenistan’s state-owned enterprise, Turkmengaz, to develop new wells at the Galkynysh gas field (which is among the world's largest). In a separate development, on June 21, Kazakhstan-based Sozak Oil and Gas JSC was reportedly close to finalizing a $1.2 billion EPC contract with China’s CAMC Engineering for a natural gas project that ...

China Seeks Stake in Hamburg Container Terminal, Would Become First Non-German Stakeholder

On June 4, state-owned COSCO Shipping Ports and Germany's Hamburg Hafen Logistics confirmed that they are in negotiations over the acquisition of a minority stake by the Chinese company in one of four container terminals at the Port of Hamburg: specifically, Container Terminal Tollerort (CTT). Although it would be only a minority stake acquisition, if realized, the deal would be the first time a non-German operator buys into the country’s ...