US & EU Sanctions Panama Canal is a marvel of maritime architecture and facilitates global ocean borne trade. The progressive development did not take place overnight though . Panama was targeted as a facilitator in illicit trade of petroleum and crude of Iran and after the conflict in Ukraine a fresh salvo has been fired
Term Blue Economy The term “blue economy” entered common parlance after the United Nations (UN) Conference on Sustainable Development held in the year 2012 to promote marine ecosystem integrated management .Yet the ensuing concluding remarks did not allude to the word blue. The emphasis during the UN conference was about building adequate capacity for
Post Floods & Inland Waterway Development Flood waters have not completely receded in the province of Sindh and flood rehabilitation efforts need to be intensified in terms of flood management, building protective dykes, rebuilding infrastructure, excavation and dredging of canals and initiating Inland Waterways for Cruise and Freight with logistic nodes along the length of
Sanctions & Disruption of Energy Supply Chain Courtesy The Japan Times After the conflict in Ukraine erupted Russian supply of oil and piped gas to the European Union got severely disrupted. The US and EU imposed sanctions as well as a price cap on Russian crude. The ostensible purpose seems to be to curb Russia's
Russian Monopoly Russia retains a monopoly over the uranium conversion infrastructure. The world’s largest producer and exporter of natural raw uranium is Kazatomprom which has a joint venture with a Canadian firm.Kazatomprom has the largest uranium reserve base in the nuclear industry.Raw uranium has to be refined and enriched in order to be utilised
The need for a comparative study and research as to the number of women at operational roles at seaports in the maritime nations is intensifying. No such latest and updated study is available
As reported in the South China Post US prosecutors moved for dismissal of bank fraud charges against Meng Wanzhou CFO of China’s Huawei Technologies whose 2018 arrest strained relations between the US and China. Meng struck a deal with the prosecutors for the charges against her to be dismissed. She was her arrested in
The evolving rail grid in Central Asia will financially incentivize Middle Corridor trade while making EU-Asian routes less regionally competitive. Russian Railways in collaboration with the railways of Kazakhstan, Turkmenistan and Iran is granting reduced container-kilometer rates in the year 2023 for using the infrastructure of the eastern route of the North-South international transport corridor
Freight Costs Reduction to Boost Central Asia's Trade In order to cut Freight costs Tajikistan acceded to the Framework Agreement on Facilitation of Cross-border Paperless Trade in Asia and the Pacific in the year 2022. Digital Cross border trade is the new frontier of logistic artificial intelligence (AI ) .After the Uzbekistan - Pakistan Transit
The ocean plays a vital role in the global economy, providing food, transportation, and a host of other resources that are essential to our way of life. However, the ocean is also facing a number of challenges, including overfishing, pollution, and the impact of climate change. The concept of the blue economy offers a way
