Tag : economy

ship registrations

Palau International Ship Registry Marks Its Presence In Dubai

Jamal S Khalil, General Manager, of Al Rafedain Marine Services signed the documents on the Palau stand at STMM to register two ships and was supported by Global Marine Consultants Group (GMCG) one of the valued partners of PISR and which helped facilitate the new signings.

Comments Off on Palau International Ship Registry Marks Its Presence In Dubai / 11th November 2018

palau shipping

Compact Review Agreement Funding Consultation Conducted by Palau-U.S.

The strong relationship Palau has with the USA in terms of its Compact Agreement of Free Association (COFA) has been given a further boost by the announcement of a new economic package and will give an enormous boost to the Palau International Ship Registry (PISR).

Comments Off on Compact Review Agreement Funding Consultation Conducted by Palau-U.S. / 11th May 2018

suez canal

Egypt’s Ailing Economy Likely to Get Boost from Developments in the Suez Canal

There might still be hope for Egypt’s ailing economy, despite it not being clear to many. In fact, it could enjoy the same benefits as Dubai’s Jebel Ali, with the now dual carriage waterway on the Suez Canal.
Suez Canal today may seem at a disadvantage, what with the competition from the Panama Canal, lower bunker prices, and the turtle’s pace in the global trade. But it has all the potential to transform Egypt’s ailing economy. The $8bn expansion of the Canal will maintain its primary role as the lifeblood of the Egyptian economy, which has been going on for the last 150 years or so.

No Comments / 9th November 2016