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The International North–South Transport Corridor ( INSTC) is a 7,200-km (4500 mile) long [1] multi-mode network of ship, rail, and road route for moving freight between India, Iran, Azerbaijan, Russia, Central Asia and Europe. The route primarily involves moving freight from India, Iran, Azerbaijan and the Russian Federation via ship, rail ...
The Portuguese discovery of the sea route to India was the first recorded trip directly from Europe to the Indian subcontinent, via the Cape of Good Hope. [1] Under the command of Portuguese explorer Vasco da Gama, it was undertaken during the reign of King Manuel I in 1495–1499. Considered one of the most remarkable voyages of the Age of ...
India is a signatory to Hong Kong International Convention for the safe and environmentally sound recycling of ships. India plans to pass the "Recycling of Ships Act, 2019" to ratify the Hong Kong treaty. This will allow India to capture its targeted 60% in the global ship breaking business while doubling the annual to US$2.3 billion target. [10]
Freight rate. A freight rate (historically and in ship chartering simply freight[ 1]) is a price at which a certain cargo is delivered from one point to another. The price depends on the form of the cargo, the mode of transport ( truck, ship, train, aircraft ), the weight of the cargo, and the distance to the delivery destination.
Shanghai is the world's busiest container port. The Port of Shanghai ( Chinese: 上海港; pinyin: Shànghǎi Gǎng ; Wu; Zånhae Kån ), located in the vicinity of Shanghai, comprises a deep-sea port and a river port. The main port enterprise in Shanghai, the Shanghai International Port Group (SIPG), was established during the reconstitution ...
Tēⁿ Hô Hā Se-iûⁿ. The Ming treasure voyages were maritime expeditions undertaken by Ming China 's treasure fleet between 1405 and 1433. The Yongle Emperor ordered the construction of the fleet in 1403. The grand project resulted in seven far-reaching ocean voyages to the coastal territories and islands of the South China Sea and Indian ...
Via Maris, literally Latin for "the way of the sea", [46] was an ancient highway used by the Romans and the Crusaders. [47] The states controlling the Via Maris were in a position to grant access for trade to their own citizens and collect tolls from the outsiders to maintain the trade route. [ 48 ]
The South China Sea is a marginal sea of the Western Pacific Ocean.It is bounded in the north by South China, in the west by the Indochinese Peninsula, in the east by the islands of Taiwan and northwestern Philippines (mainly Luzon, Mindoro and Palawan), and in the south by Borneo, eastern Sumatra and the Bangka Belitung Islands, encompassing an area of around 3,500,000 km 2 (1,400,000 sq mi).