UN Chief: Maritime Security Key to Global Stability

  • UN Secretary-General Guterres urges urgent global action on maritime security ahead of the 2025 UN Ocean Conference.
  • Delegates highlight rising threats: piracy, cyberattacks, trafficking, and environmental issues.
  • Call for preventive strategies and strong legal frameworks like UNCLOS.
  • Emphasis on regional cooperation, technology use, and addressing geopolitical tensions in key areas like the Red Sea and South China Sea.

At the UN Security Council meeting on 20 May, Secretary-General António...

https://mfame.guru/un-chief-maritime-security-key-to-global-stability/

Maritime Security Threats Intensify Across Key Regions

  • Somalia Faces Renewed Piracy Crisis Amid Rising Instability.
  • West Africa Sees Decline in Piracy but Security Risks Persist.
  • Drug Trafficking Surges as Criminal Networks Exploit Maritime Routes.

With continuing global maritime security threats, the Dryad Global Maritime Security Threat Analysis (MSTA) on 17 March 2025 identifies important risks across important areas. From mounting tensions in Yemen to a re-emergence of piracy off the coast of Somalia, shipping operators face a growingly...

https://mfame.guru/maritime-security-threats-intensify-across-key-regions/

Ship Recycling Market Faces Uncertainty Amid Chinese New Year And Tariff Wars

The global ship recycling market saw a slowdown in sale and purchase activity this week as the Chinese New Year holidays impacted operations, according to cash buyer GMS.

Key Trends and Challenges
  • Increased Recycling Activity in Early 2025: A surge in recycling tonnage at the start of the year created optimism, but momentum has since slowed.
  • India & Bangladesh Leading the Market: Since October 2024, Indian and Bangladeshi yards have absorbed most of the supply, while Pakistan’s recyclers were...

https://mfame.guru/ship-recycling-market-faces-uncertainty-amid-chinese-new-year-and-tariff-wars/