Dry cargo market report dated 23 August 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.
Over the past few months, several incidents of interference with GPS and AIS has been detected in the Eastern Mediterranean region.
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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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Following 3.3% growth in the global economy during 2023, the International Monetary Fund estimates that the economy will grow 3.2% and 3.3% in 2024 and 2025 respectively. On average, the Europe & Mediterranean, South & Central America and Sub-Saharan Africa regions are forecast to grow faster during... Please follow the link to continue reading.