Latest Tech News
Maritime Educational Endowment Fund Federal Minister for Maritime Affairs Mr Junaid Anwar Chaudhry announced the launch of a Maritime Educational Endowment Fund sharing that the initiative will cultivate a skilled maritime workforce essential for the country’s future. He emphasised that the Maritime Educational Endowment Fund underscores his ministry's dedication to sustainable human capital development as
Philippine Leads Since decades the seafarers of Philippines have remained the biggest provider of ocean based workers out of the world’s estimated total 2 million seafarer workforce. During the period from 2016 to 2021 the Philippines deployed over 400,000 Filipino seafarers reflective of the country’s strong maritime strength, seafaring traditions and heritage. No doubt Philippines
Rare Metals & US Defense The United States of America is directly doing large scale funding for critical mineral stockpiling and supply chain resilience as a core pillar of US national defense. Out of a USD $ 150 billion defense fund for the budget reconciliation approximately USD $ 2.5 billion has been allocated for domestic
Indus Basin Water Treaty The of 1960, between India and Pakistan brokered by World Bank laid down a mechanism as to how to share and manage water what was then essentially a unitary network of irrigation. In 1948 waters of Indus river were apportioned by ‘Inter-Dominion Accord’ requiring India to release sufficient water to Pakistani
SPM A single point mooring (SPM) is a floating buoy or jetty anchored offshore for handling liquid cargo such as petroleum products for tanker ships deployed in areas where a dedicated facility for loading or unloading liquid cargo is not available. A SPM is an all-weather facility and sometimes the cheapest entry point for liquid
Economies of Scale in Shipping The global shipping industry boasts a high degree of internationalisation, intensive capital and services. The international shipping market changes rapidly thus operation risks remain high. Economies of scale in container shipping are achieved by using larger containerships which reduce unit transport costs due to lower operating costs (measured in dollars
Arabian Sea Center for Development - Initiative to Revive and Restore the Port city of Karachi as the Regional Maritime and Logistic Hub The Arabian Sea Center for Development is an initiative to revive Karachi’s glory. This is a non political and non partisan initiative to economically develop the port city of Karachi which will
Gulf of Mexico or Gulf of America US President elect Donald Trump suggested renaming the Gulf of Mexico as the "Gulf of America" and reiterated that wind turbines are "driving the whales crazy. Trump has publicly expressed a desire to taking back the Panama Canal claiming"it's being operated by China” and also accused Panama of
Port Automation Evolution of Intelligent Technology Vs Actual Operation of Port Equipment Due to the deepening levels of port automation and intelligence the degree of equipment automation and the complexity of maintenance operations have increased substantially. Consequently the evolution of intelligent technology has led to significant shifts in the types and quantities of issues encountered
ABC of IMF-Pakistan Agreement Sans Trade & Logistics IMF Country Report No. 24/310 of October 2024 - Article IV Consultation and Request for an Extended Arrangement under Extended Fund Facility External Financing Support Pursuant to economic stability achieved under the 2023 Stand-by Arrangement (SBA) the International Monetary Fund (IMF) and Pakistan finalized an agreement on
