Insurance Costs Surge on Red Sea Routes Isn't it intriguing that only the major container lines and not tankers, LNG and bulk carriers have diverted from the Red Sea routes. A Suezmax tanker with a load of 750,000 barrels priced at $80/bbls is a cargo worth around $60 million. At a war risk insurance of
Shipping & Environmental Air Pollution As maritime transportation plays an important role for world sea trade its contribution to air pollution and climate change cannot be brushed aside. The current population of the world merchant fleet of 100 gross tonnage and above is about 117,000 vessels and the total gross tonnage is 1.36 billion. Annual
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
