AGP Executive Report
Last update: 10 hours agoMaritime Risk Watch: IMO says it has verified 80 attacks on merchant vessels around the Strait of Hormuz since late February, with at least 22 seafarer deaths, as Red Sea attacks resume and shipping lines look for safer corridors. Energy & Shipping Shock: Shell and Equinor warn Middle East disruptions are creating a longer, tighter supply-and-volatility period; diesel has hit record levels and “shock absorbers” are weakening as bottlenecks delay recovery into 2027. Route Diversification: With Hormuz and Bab al-Mandeb traffic down, interest is rising in alternatives like the Northern Sea Route, after China and South Korea ran early seasonal container services. LNG Compliance Tech: Lloyd’s Register, Seapeak, Kongsberg Maritime and Tunable launched a project to independently verify continuous emissions monitoring on LNG carriers, targeting IMO/EU reporting accuracy. Port & Trade Moves: Essar Ports joined India’s ETInfra summit to push “smart ports” and integrated maritime logistics, while DHL Supply Chain expands in Colombia via acquisition. Finance for Logistics: ADB talks in Baku focus on green energy corridors, CAREC-2 transport, and financial-sector development for 2025–2029.
Note: AI summary from news headlines; neutral sources weighted more to help reduce bias in the result. Feedback is welcome. Please let us know if you have any comments or suggestions about the AGP Executive Report.