Dry cargo market report dated 16 August 2024
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BIMCO's Shipping Analyst looks at the shipping number of the week. This week: India now depends on Russia for 40% of its crude oil imports
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.
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.
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