Pakistan, July 30 -- Blue Economy is considered the next frontier of economic development in the world. Blue economy, in simple words, is the economy related to seas and waters, which is sustainable, environmentally friendly, and equitable. Blue economy has many elements, such as shipping, shipbuilding, ship recycling, ports, fisheries, marine and coastal tourism, and others. We will discuss some of them in parts.

Shipping sector: This sector may be considered in three segments: Shipbuilding, Use of shipBlue Economy and Pakistans for transportation, and Ship Recycling (dismantling). All three segments from Cradle to Grave are useful economic activities.

More than 71 % of our planet Earth is covered with water, and no country has control...