Basics of Ship Construction The initial stages of construction revolve around fabricating, piece by piece, the structure of the vessel. The panels are created and shaped into blocks which are chunks of the ship’s structure that can weigh dozens of tons. The blocks are then blasted ,painted then processed in the final stages of outfitting
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
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
Roots of Muslim Maritime Trade The history of transregional trade in the Indian Ocean is reflective of a vibrant trade from around the 1st century AD . With the expansion of Islam into India, East Africa and Southeast Asia the Indian Ocean began to cohere as a unified global economy and subsequently bound up in
Remotely patrolling the Persian Gulf The Gulf Cooperation Council (GCC) member countries namely Kuwait, Saudi Arabia, Bahrain, United Arab Emirates, Qatar and Oman are creating and expanding a joint or multinational fleet of unmanned surface vessels (USV’s). The Persian Gulf through which the world’s major oil routes pass is 35 to 200 miles wide at
