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Island Financial Capitals Floating Solar Panels & Flooding Risks

Floating Solar Panels Reduce Evaporation in Saudi Arabia Oasis Floating solar panels are eulogised as a remarkable innovation in the realm of renewable energy and water conservation and as a replacement for fossil fuel. By harnessing solar power on water reservoirs , lakes, and protected harbour areas these installations generate clean energy as well as

Marine Protected Areas Conflicts & Biodiversity

Marine Protected Areas Security & Biodiversity Protection of Marine Areas is not only about conservation of aquatic species but also defending a state’s territory against marine intruders. According to the United Nations Convention on the Law of the Sea (UNCLOS) maritime zones were chalked out to depict sea borders yet whether it’s the territorial sea,

Yachts Oligarchs & Sanctions

Highly Priced Yachts of Russian Oligarchs Pursuant to the Russian invasion of Ukraine last year the US and its European allies imposed sanctions against Russian owners of yachts and villas on the presumption that the owners were associated with the Russian government. Initial seizures were impounding of a 213-foot yacht owned by Alexei Mordashov in

Russian Maritime Routes

Economic & Commercial Maritime Energy Rivalry - Urals Oil  Russia’s Urals oil is used as a reference brand for pricing of export oil mixture with the other main reference brand being Brent. It comprises a mix of heavy sour oil of  Urals and the Volga Region blended with light oil of  Western Siberia Urals crude

ABC of Maritime Exclusive Economic Zones EEZ

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

WWF and Seabed Mining

International Seabed Authority The International Seabed Authority (ISA) Assembly of 168 member states met in Jamaica recently to regulate deep-sea mining however the progressive regulatory proposals of Chile, Vanuatu, Palau, France and Costa Rica were unfortunately vetoed and critical ocean environmental issues adjourned by the Assembly to next year. Calls for a precautionary pause or

Money Laundering & Terrorism

UAE no longer attractive Investment Hub for " Hot money " Financial Action Task Force (FATF) , a Paris-based global watchdog , has categorised UAE  on the FATF  'gray list' endangering its position as a regional financial centre . Now transactions and commercial trade in the seven Emirates of the United Arab Emirates are strictly

Saudi Red Sea Tourism & Coral Reefs

Red Sea Tourism , Coastal Development and Coral Reefs Coral Reefs Coral reefs underly ocean biodiversity and contribute significantly in the economic, social, touristic and cultural scope . The extent of biodiversity of coral reefs incorporating a multitude of symbiotic relationships , encompasses 285,000 km2  covering less then 0.1 % of the ocean exterior. Coral colonies

Port Sudan Refugees Crisis & UN

Plight of Refugees and Internally Displaced Persons arising from the Conflict in Sudan If the conflict in Sudan escalates it is estimated that 800,000 Sudanese may became refugees as already 75,000 have been internally displaced in Khartoum , state of Blue Nile, North Kordofan and western region of Darfur.The role of the UN is coming

Miami Sinking Sands

Uneducated Reclamation Credit The Economic Times It may be astonishing for some to know that 44 of the 48 world’s large populated coastal cities are sinking at a rapid pace than the sea level is rising. Such sinking is attributed to groundwater pumping and sediment compacted soil from heavy building and large construction projects being

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