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Bahamas

Malaysia Launches Maharani Freeport; Ambitiously Targets Global Oil Trade

MUAR, Malaysia | November 29, 2025 — Maharani Freeport, Malaysia’s first duty-exempted energy freeport, was officially inaugurated on November 29, 2025, by His Majesty...

IMO picks Council members but Net Zero Framework hiatus raises red flag for potential fragmentation of shipping decarbonization

The Assembly of the International Maritime Organization (IMO), a specialized agency of the United Nations responsible for regulating and improving international shipping, has elected...

The Bahamas re-elected to IMO Council

The Bahamas has been re-elected to the International Maritime Organization (IMO) Council in Category C. The country secured 73% of the vote in a...

The International Maritime Organization renews the composition of the council

States elected to be part of the three traditional categories divided based on presence and importance in maritime services and trade. Italy in group...

Chinese copper smelters to face record low fees for 2026

Chinese copper smelters are likely to be forced to accept record low processing fees for next year’s term contracts as negotiations over ore supply...

Haitian Gangs are Setting Up Shop for Seaborne Drug Smuggling

The United Nations warns that gang warlords in Haiti have turned the country’s coastal waters into a pivotal transshipment hub for drugs originating from...

Caribbean To Advance Maritime Governance With Two New IMO-Supported Projects

The Caribbean is set to strengthen its maritime governance framework through two newly approved initiatives funded by the Kingdom of Saudi Arabia and Oman....

LBC Tank Terminals and duisport sign MoU to develop inland ammonia and CO₂ terminal by 2030

LBC Tank Terminals Group B.V. and Duisburger Hafen AG (duisport) have signed a memorandum of understanding to jointly develop an inland terminal for ammonia...

Russia fails to win back seat on IMO’s top table

Russia failed on Friday to secure a seat on the IMO Council despite urging countries to back its nomination for a seat it lost...

MSC reorganizes its independent North Europe – US East Coast network

Mediterranean Shipping Company (MSC) has decided to revise its fruit-focused service “Ecuador – NWC – USA”, which primarily focuses on the transport of refrigerated...
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