Vietnam Rising Economy of Southeast Asia Vietnam once considered as an isolated country is now a middle-income country with a dynamic, enterprising and young population and an increasingly important U.S. partner. In the year 2023 the President of USA and the then General Secretary Nguyễn Phú Trọng agreed to elevate the U.S.-Vietnam relationship to a
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
Reko Diq Copper Gold Logistics A massive ore ship has been constructed by China Shipbuilding Industry Corporation (CSIC) having the capacity to transport 400,000 metric ton deadweight (DWT) roughly equivalent to 6000 railway infrastructure carriages. Sailing under the Hong Kong flag it has a draught of 23m and a fuel bunker allowing it to transport
South Korea Summit with Central Asian Countries South Korea 's summit with 5 Central Asian countries is an integral component of its fresh diplomatic strategy for Central Asia euphemistically termed as “Korea-Central Asia K Silk Road.” President Yoon Suk Yeol is embarking on state visits to Central Asian nations namely Turkmenistan, Kazakhstan and Uzbekistan to
DP World Lease Extension at $ 2 billion Investment The Government of Mozambique recently approved a 25-year extension of lease of its Port of Maputo to the operator consortium, upto the year 2058 , led by DP World including Mozambique’s state-owned railway operator .The approval incorporates a $2 billion investment and expansion plan with an
Karachi Coastal Waters Toxicity The mega port city of Karachi discharges almost all of its industrial effluents into the local drains (nullah's) creeks and sea. These industrial effluents contain highly toxic substances like heavy metals, cadmium, mercury and other hazardous chemicals which contaminate the water supply and endanger both marine species and humans . Aquatic
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
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.
Exclusive Economic Zone & UNCLOS States Exclusive Economic Zones (EEZ) extend no more than 200 nautical miles from the territorial sea baseline and is adjacent to the 12 nautical mile territorial sea. The Part V Article 55 of the United Nations Convention on the Law of the Sea (UNCLOS) defines the EEZ as: “The exclusive
Loan for Hambantota Port The Port of Colombo is located near the route between the Strait of Malacca and the Suez Canal, which is one of the busiest shipping lanes in the world. Around 36,000 vessels pass annually on this key corridor between Asia and Europe, including about 4,500 tankers. As the Port of Colombo has been
