Adani Ports along with a local logistics group acquired Israel's premier Mediterranean Port of Haifa .The Adani Ports conglomerate intends to ante up its investment in Israel and both parties to the transaction are considering establishing a trade and strategic gateway connecting the Port of Haifa and Middle Eastern region despite not having diplomatic ties with the
Gwadar Port dredging Maintenance dredging of the navigational channel of Gwadar Port is estimated to cost $ 18 million incorporating maintenance dredging of navigational channel, basin and berthing area extending over 4.70 km . The designed draft of the turning basin and berths is 13.8 m while the outer navigational channel's designed draft is 14.5
Russian Crude at Discount With the increase in ocean borne trade and vessels the incidents of blasts and spills have correspondingly increased at ports and coasts. Although the maritime sector is relatively regulated rising costs of insurance of ships lets inspections and survey of ships worthiness slip in some jurisdictions. The shipping sector has witnessed
Largest Wheat Importer The population of Egypt, the most populous Arab state, is around 104 million and to put things in perspective is perhaps the worlds biggest importer of wheat. The impact of the conflict in Ukraine and subsequent hiking of interest rates, accompanied by a surge in global energy prices compelling foreign investment to
Russian Monopoly Russia retains a monopoly over the uranium conversion infrastructure. The world’s largest producer and exporter of natural raw uranium is Kazatomprom which has a joint venture with a Canadian firm.Kazatomprom has the largest uranium reserve base in the nuclear industry.Raw uranium has to be refined and enriched in order to be utilised
As reported in Hindustan Times most harbors lack the infrastructure and dont have the draft to handle vessels like Ever Alot, the world’s largest container vessel with a length of 400 meter and a capacity of more than 24,000 TU's. Whereas Sri Lankan and Malaysian ports receive visits from the Ever Alot . Even India’s state-run
