Blue Economy and the Environment: “If we want the game to change then India is a game changer.”

Dr. Nirmal Jivan Shah, Chief Executive of Nature Seychelles said these words at the end of President’s James Michel’s State Visit to India last week. Shah was part of the President’s delegation in the whirlwind tour to New Delhi and Mumbai as the country’s Special Envoy for Environment and Climate Change. Continue reading Blue Economy and the Environment: “If we want the game to change then India is a game changer.”

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Many yacht operations in Seychelles are not paying ANY taxes despite having heavy impact on the environment

THE PEOPLE Newspaper | June 03 2015 | Vol. 3 No. 19: The Seychelles Revenue Commission (SRC) and Customs are carrying out investigations into incidents of breach of licences and tax evasion in the yacht operations business, the Minister for Finance, Trade and the Blue Economy Jean-Paul Adam said in the Assembly on Tuesday this week. Continue reading Many yacht operations in Seychelles are not paying ANY taxes despite having heavy impact on the environment

As Somali Piracy Drops Global Maritime Risks Rise

Somali pirate activity in the Indian Ocean has declined considerably. Yet in 2014 there was more than 25% rise in maritime piracy and armed robbery according to Maritime Risks Forecast. Somali pirates accounted for only 4% of global activity in 2014. Attacks by Nigerian groups in the Gulf of Guinea—another piracy hotspot in recent years—declined by 12%. Asia was the region with the most attacks on vessels in 2014 accounting for 30% of the global.

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Tom Patterson writing in Forbes magazine in February this year says that though criminal activity is a persistent risk, maritime operators will be more affected by broader political, operational and security risks. Geopolitical tensions and territorial disputes in Asia will shape the maritime security environment in Asia for the foreseeable future. Geopolitical uncertainty over Russian sanctions affects dry bulk container and tanker shipping. An increase in the number of migrants fleeing conflicts in North Africa and the Middle East will place further strain on Mediterranean shipping routes.

Nirmal Shah,