Meet the most influential brain in China

The LNG king Peter Livanos, an old and good friend, has sent me a very informative write-up about China. Peter knows as much as anyone what’s cooking behind what used to be known as the bamboo curtain, and he’s put me right about China when I’ve been wrong about the place in the past.

For any of you unfamiliar with shipping terms, LNG stands for liquefied natural gas, something that costs a hell of a lot to carry over water. As a result, the ships that transport LNG cost even more than a hell of a lot to construct. I remember my father talking about building an LNG carrier, a new concept back then, but the cost was prohibitive. Poor Dad died rich soon after, and I only stayed in shipping for another ten years. I got out just before a market slide because of differences with a member of my family.