Tag: blue economy

According to World Economic Forum, ports play a pivotal role in the global economy, handling 80% of the world’s trade by sea, but their importance goes far beyond logistics. As gateways to the ocean economy, ports are uniquely positioned to drive the sustainable development of marine industries, from fisheries to tourism and coastal infrastructure.

The Maritime India Vision 2030 was formulated through comprehensive consultations and in-depth dialogues with stakeholders across the public and private sectors. This vision aims to implement actionable initiatives within a specific timeframe, giving particular emphasis on enhancing the country's logistics, infrastructure, and shipping sectors. It is centered around the Blue Economy, recognizing it as a pivotal element of economic progression. 

TOKYO-Mitsui O.S.K. Lines (MOL) announced that it has decided to issue "blue bonds" through a public offering in Japan's domestic market in January 2024.

Mitsui O.S.K. Lines (MOL) and Shell Marine Products Singapore have agreed to develop alternate maritime solutions and control carbon emissions well. Meanwhile, MOL has also joined Washington Maritime Blue (WMB) to promote sustainability in shipping. 

In a recently published report, World Maritime University studies and presents 10 trends influencing global commercial shipping.

The sixth edition of the EU Blue Economy Report which analyzes the scope and size of the Blue Economy in the European Union, has been published.

As India's Ministry of Ports, Shipping and Waterways stated this week, the county is in talks with Russia to open up Chennai-Vladivostok Maritime Corridor.

On March 9th DNV released a statement to announce key findings from its report, Spatial Competition Forecast, on the growing Blue Economy and the global race for space among ocean sectors.

The exponential growth of offshore wind power will be the main driver of a nine-fold increase in demand for ocean space by the middle of the century.

Five Portuguese institutions created the OceanACT, a consortium that aims to promote the testing of innovative ocean technologies in Portugal.