2026 Maritime Reset: Freight Rates to Drop 10-20% After Red Sea Crisis Adaptation
In 2026, maritime freight rates are set to stabilise 10-20% below peaks as industry adapts to Red Sea disruptions with longer Cape of Good Hope routes.
Los Angeles BECAP Summit 3rd: 15 Institutions Train Blue Economy Workforce
Los Angeles launches 3rd BECAP summit with 15 institutions to develop blue economy workforce, supporting maritime sustainability and climate action.
Russia escalates grey-zone maritime tactics in Baltic Sea from 2022, NATO reports
NATO reports Russia’s increased grey-zone maritime activities in Baltic since 2022, boosting fuel costs by 10-15% and requiring 5-10% more in security budgets, with STCW training updates needed.