The global shipping industry’s annual greenhouse-gas emissions total more than one billion tons. Reducing them is critical in the fight against climate change. Former President of Costa Rica José María Figueres writes that shrinking emissions in the future largely depends …
Read More »COVID-19: A disaster for seafarers
Prior to 2020, it would have been considered unimaginable, that a virus could disrupt the global economy, sequestering billions in their homes with global productivity sinking like a stone. It has been 8 months since the previously inconceivable became an …
Read More »IMO preparedness on cyber risk management in maritime domain
In order to advance ports and shipping, and make it more competitive, states and maritime organisations have relayed greatly on communication technology and digitalization of maritime operations. However, the risk of cyber attacks has been identified by International Maritime Organization …
Read More »Refineries in Pakistan face bleak outlook
Reportedly, the Government of Pakistan (GoP) has confirmed that the operations of local refineries had slowed down because of high production of residual fuel oil (RFO) and the international ban on its use for bunkering after 31st December, 2019. In …
Read More »IMO 2020: Implications for global oil and shipping industry
As a specialized agency of the United Nations, IMO is the global standard-setting authority for the safety, security and environmental performance of international shipping. Its main role is to create a regulatory framework for the shipping industry that is fair …
Read More »Bleaker outlook for Pakistani oil refineries
According to media reports, tougher rules on sulphur emissions from ships will come into effect next year in the biggest shake-up for the oil and shipping industries for decades. International Maritime Organization (IMO) will ban ships from using fuels with …
Read More »Future of oil prices in short to medium term
Presently, US-China trade war is the single most important factor that is governing oil demand and hence its international price. Even global economic growth hinges upon striking a deal between the two power houses. The markets appear to have turned …
Read More »Economic confrontation of shipping industry
Shipping as one of the world’s most global businesses bodes well at the zenith of world monetary movement. Transportation is viewed as the foundation of globalization and universal exchange, as 90% of the world exchange is helped through boats. Shipping …
Read More »Future of maritime intelligence and CPEC as the seed for Logistics’s industry growth in Pakistan
A nationwide campaign of Bahria University to promote country’s blue economy Global sea ports have great importance for world economy as global container traffic has grown by an average of 10% annually since 1990. Equally, the steady growth of ship …
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