Philippine Leads Since decades the seafarers of Philippines have remained the biggest provider of ocean based workers out of the world’s estimated total 2 million seafarer workforce. During the period from 2016 to 2021 the Philippines deployed over 400,000 Filipino seafarers reflective of the country’s strong maritime strength, seafaring traditions and heritage. No doubt Philippines
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
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
