Dry cargo market report dated 27 September 2024
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NATO's Maritime Command has released this threat assessment for the Mediterranean. It assesses the security risks to shipping in the Mediterranean as low, elaborating on topics such as migrants, drug smuggling, maritime terrorism and spillovers from the conflicts in Libya and Syria.
The latest status on the US portworker strikes from BIMCO's Shipping Chief Analyst Niels Rasmussen
Over the past few months, several incidents of interference with GPS and AIS has been detected in the Eastern Mediterranean region.
The decision of the EU Council to launch EUNAVFOR Med was today strongly welcomed by BIMCO, following the association’s statement on 24 April calling for an extension of Operation Triton’s geographical reach.
Houthi attacks on ships in the Red Sea continue to severely impact trade lanes that normally transit the Red Sea and the Suez Canal. Transits of the Suez Canal remain 90-95% lower than at the same time last year. Though no resolution is in sight, we have in our base scenario chosen to assume that s... Please follow the link to continue reading.
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