Inland Waterways Part II Reducing Cost of Doing Business by lowering Freight & Transportation Charges Mr Arshad Abbasi , renowned Inland Waterway expert , has opined that the maritime or blue economy can be synergised with and expanded by inland water transportation (IWT). In his professional view all shipments from Peshawar to Karachi can be
Random Musings on Economy Part - I Curse of Banking Spread In the year 2008 the banking spread or rate difference between what banks pay as interests to depositors and what they charge on loans to business was 7.05 % which was the highest in the world . The banking spread in the US at
Deep Subtidal Waters The Roberts Bank Terminal 2 (project) has been approved to be developed as a marine container terminal on Canada’s West coast. Its location in deep subtidal waters is designed to minimize environmental effects. The burden will not be on the taxpayer as the port authority will finance the project. The federal government
Kuwait is constructing the world’s tallest tower ‘Burj Mubarak’ which is almost one km tall and an integral component of its oil diversification push as well as reducing reliance on oil and expanding its private sector through significant investments in various sectors. Abu Dhabi an Emirate of the UAE has embarked upon ‘The Abu Dhabi
Bold Talk Credit Al Jazeera The International Monetary Fund (IMF) Managing Director Kristalina Georgieva has rendered sagacious advice , seemingly unsolicited, to Pakistan : protect the poor impose taxes on the wealthy function as a country dont get into a dangerous place & restructure debt those making good money, public or private sector, to contribute
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
Global Naval Maritime Exhibition Abu Dhabi NAVDEX 2023 is the region’s leading naval defence and maritime security exhibition scheduled to take place in February 2023 at Abu Dhabi under the patronage of His Highness Sheikh Khalifa Bin Zayed Al Nahyan, President of the UAE. Such conferences , exhibitions and events can be categorised as segments of the
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
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
Turkey with an extended coastline has 16 world class universities providing essential maritime disciplines which no doubt makes for significant inflow of remittances. Regional maritime countries need to invest in professional maritime merchant navy institutes to bolster their blue economy
