War-risk insurance premiums remain elevated in the Red Sea as underwriters await clarity from Yemen’s Houthi movement following the Gaza ceasefire deal.
Greek shipowners expressed strong doubts about the International Maritime Organization’s net-zero roadmap during the Maritime Cyprus 2025 Conference, warning that fragmented regulations and excessive costs could undermine fair competition and slow decarbonization progress.
UNCTAD warns that maritime trade growth will nearly stall in 2025, with disruptions in the Suez Canal and Red Sea driving higher costs, fragile supply chains, and long-term structural risks.
The World Shipping Council has launched a landmark Cargo Safety Program, introducing AI-powered screening and common inspection standards to reduce ship fires linked to misdeclared dangerous goods.
