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
LNG Vessels & Mergers The European Commission has blocked the proposed merger between Daewoo Shipbuilding & Marine Engineering and Hyundai Heavy Industries on the premise that a monopoly would be established in the construction of large Liquefied Natural Gas (LNG) vessels which are an integral component of the LNG supply chain and ensure energy security.
Inland Waterways Role in Reducing Carbon Print , Environmental Degradation , Coastal Flooding, Marine Conservation ,Offsetting the Impact of Climate Change with Key Factor Being Logistic Costs Overview of Inland Waterways In Europe the inland waterways transport (IWT) infrastructure network is 23,506 km long. Water levels in Western Europe and Germany’s river Rhine , an integral
Red Sea Tourism , Coastal Development and Coral Reefs Coral Reefs Coral reefs underly ocean biodiversity and contribute significantly in the economic, social, touristic and cultural scope . The extent of biodiversity of coral reefs incorporating a multitude of symbiotic relationships , encompasses 285,000 km2 covering less then 0.1 % of the ocean exterior. Coral colonies
Impact of Digital Connectivity on Seafarer Mental Health Container ships or oil tankers usually have a crew numbering between 18 to 24 persons. Mostly they don't know each other, are from different nationalities and remain occupied at their work stations.In today’s world technology has brought about tremendous changes in the way we communicate . With
Chile is a maritime country enjoying a privileged position in South America endowed with more than 4,300 km of coastline facing the Pacific Ocean without taking into consideration the coastline of Chilean Antarctic Territory extending to the South Pole. Chile’s coastline has 8 major public seaports and this number has remained constant since long .The
Integration of Artificial Intelligence The rapid advent of Artificial Intelligence (AI) , its integration and grudging acceptance in the Maritime Industry will have a wide impact. The maritime sector has traditionally been labour intensive. In the face of unionized labour seaports across the globe are finding it challenging to introduce AI despite the viability of
Investment and Facilitation The National Investment Promotion & Facilitation Agency (NIPFA) of India was established in the year 2015 with the theme being “ Invest India “ and is the single point of contact for any investor coming to India . Gimmicks include relationship dedicated managers for any investor or group of investors who will
Silicon Banks Collapse This month the Silicon Valley Bank (SVB) collapsed and hot on its heels was the Signature Bank in a grim reminder of the US banking and financial sector rout in 2008 mostly due to the sub prime mortgage phenomena. But people never learn. The entire loan portfolio of SVB was in the
Smart & Green Ports India has a dream of its 12 seaports ,some more then 50 years old, becoming maritime hubs and globally recognised manufacturing hubs. No doubt its seaports handled cargoes slightly in excess of 700 million tonnes in the fiscal year 2020. To this end India plans to upgrade its port infrastructure
