Latest Tech News
Africa on Way to Become Hub of Sea Trade The African continent has the potential of becoming the new hub of trade in the maritime world due to maritime traffic congestion , Red Sea conflict and increasing attacks by pirates operating from the Somalian coast with global shipping companies seeking alternative sea routes and land
Internet Traffic through the Ocean The internet traffic travels underwater and at the bottom of the oceans through almost 1.5 million km of submarine fiber optic cables. It can be safely said that 99% of all international internet data is transferred through a labyrinth of cables stretching along the seabed which is crisscrossed with 229
Political Strife & Maritime Sector Development Oil exports ,predominantly from Iraq's ports, is its economic lifeline and the main contributor to GDP. Even in times of political strife Iraq has remained focused on maritime sector development .The state owned General Company for Ports Of Iraq was established in 1919 and consistently undertakes port development and
Spin offs and Economic Benefits of Ports in Pakistan A seaports economic impact stretches far beyond ports limits. Taking into account the direct and flow-on effects of trade entering and leaving the port area the added value supports a port cities businesses, communities and its people. Local Government Areas and the communities adjacent to the
World Maritime Supply Chains & Straits Maritime routes involve 5 crucial international waterways namely “ The English Channel, Malacca Strait, Hormuz Strait, Suez Canal and the Panama Canal". Each of these 5 waterways have had distinct disruptions with respect to supply chains. The English Channel has an advantage of modern Sea Ports with minimal collisions
China's Foray into Far East Seaports China’s is expanding its global maritime footprint and this may be a cause of concern for the US. China is flooding huge private and public cash into Cambodia especially targeting the capital city of Phnom Penh and port cities like Sihanoukville.Currently major upgrades to the nearby Ream Naval Base
Reko Diq Copper Gold Mining project in District Chagai of Balochistan Background In the year 1993 the Balochistan Development Authority (BDA) and Chagai Hills Exploration Joint Venture Agreement (CHEJVA) entered into a joint venture in which the shareholding constituted of Foreign Investor at 75 % and BDA at 25 % and BDA was entitled to
DP World Lease Extension at $ 2 billion Investment The Government of Mozambique recently approved a 25-year extension of lease of its Port of Maputo to the operator consortium, upto the year 2058 , led by DP World including Mozambique’s state-owned railway operator .The approval incorporates a $2 billion investment and expansion plan with an
Arab Women in Logistics & Fashion The logistics sector is incorporating Machine Learning equipped with Artificial Intelligence (AI) and Cloud Computing .Realistically logistics is an area which defies complete automation as manual input is required for storing and collection of inventory data on Cloud Computing. Automating logistics does cut down on the overall cost of
Marine Spatial Planning integral to maintain Biodiversity The Intergovernmental Oceanographic Commission of UNESCO advocates the development of an ocean database through data collection efforts and employing technologies such as satellite imagery. The impact of climate change is essential to be factored into Marine Spatial Planning. For maritime countries it is essential to frame policies of
