Coastal Shipping integration with Inland Waterways India's Cabinet has approved the Coastal Shipping Bill, 2024 designed to eliminate the requirement for Indian-flagged vessels to acquire a general trading licence to operate in coastal waters causing shares of Shipping Corporation of India to soar. The background of the bill is the demand of Indian shipowners for
Israel Haifa Port & US Maritime Concerns India's Adani Ports Group along with a Israeli logistics group acquired Israel's premier Mediterranean Sea Port of Haifa .The Adani Ports conglomerate is expanding its portfolio in Israel and future plans include establishing of a trade and strategic gateway connecting the Port of Haifa and Middle Eastern region
Turkiye Cancels Construction Deal It seems that as a reaction to Turkey’s unflinching support to Pakistan on the Kashmir issue India canceled a contract with a Turkish firm involved in a ship-building project in India .This cancellation took place while India was hosting the Chief of the Hellenic National Defense General Staff at a fighter
Hydrography & Monaco The International Hydrographic Organization (IHO) is an intergovernmental organisation established in 1921 to promote cooperation among maritime nations in the field of hydrography and nautical charting. The IHO's main objective is to ensure that all the world's navigable waters are surveyed and charted to modern standards . The IHO is responsible for
India’s Knee Jerk Approach to China’s Maritime Dominance The nationalist fervor prevailing in India is spilling into the maritime sphere and its nationalists visualise the 7,500 km coastline as a connecting artery with the world's busiest shipping routes. It is perceived that China has invested heavily in Sri Lankan ports at Colombo and Hambantota. India’s
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
Iranian Port of Chabahar exempted from US from sanctions The motive behind exempting the Iranian Port of Chabahar from sanctions by the US is attributed to its desire to bolster its ally India. Ostensibly the rationale espoused is that the Afghan economy being a continuous drain on international assistance requires a trading route through Iran.
Tibetan Plateau & China's Water Games The Tibetan Plateau has become a party to an insidious water game and some of the countries in the region remain blissfully unaware of the sinister moves afoot. The Tibetan plateau’s glaciers and altitude makes Tibet the world’s third largest freshwater repository. This is why it is occasionally termed
UAE no longer attractive Investment Hub for " Hot money " Financial Action Task Force (FATF) , a Paris-based global watchdog , has categorised UAE on the FATF 'gray list' endangering its position as a regional financial centre . Now transactions and commercial trade in the seven Emirates of the United Arab Emirates will be
The global economy is witnessing with alacrity the threat hurled by the United States of America to impose tariff on potential imports from China of goods valuing around USD 60 billion, ostensibly on the grounds that it violated sanctions imposed on Iran and North Korea. The trade tussle between these two global economies was simmering
