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
The global economy is witnessing with alacrity the threat hurled by the United States of America to impose tariff on potential imports from China of goods valuing around USD 60 billion, ostensibly on the grounds that it violated sanctions imposed on Iran and North Korea. The trade tussle between these two global economies was simmering
Where has the US Commercial Shipping Industry disappeared The US Navy and US Maritime Administration will have to justify why it is so prolific in spending on naval ships rather then building US merchant navy fleet. What is really being protected by the US Navy needs an in depth study. Is the US Navy protecting
Complexities of Maritime Laws In the last two decades there has been a tremendous development in maritime logistics, shipping and trade accompanied by advancement in technology, concern about exploitation of oceanic resources and a massive increase in the tonnage of sea going vessels. Approximately one third of global maritime trade, passes through the South China
As reported in the South China Post US prosecutors moved for dismissal of bank fraud charges against Meng Wanzhou CFO of China’s Huawei Technologies whose 2018 arrest strained relations between the US and China. Meng struck a deal with the prosecutors for the charges against her to be dismissed. She was her arrested in
