AGP Executive Report
Last update: 7 hours agoMaritime Safety: The Marshall Islands-flagged tanker MT Valthera was struck by an unknown projectile in the Strait of Hormuz and caught fire; all 11 crew were reported safe. A separate drone strike on another tanker left two seafarers missing, underscoring risks to commercial shipping. Fisheries: A Pacific Islands Forum Fisheries Agency report warns that traffickers are exploiting tuna vessels, seafood shipments and refuelling operations to move cocaine, threatening legitimate fishing industries and island communities. Shipping Investment: EuroDry ordered a third 82,000-tonne bulk carrier, adding to its newbuild programme with a fuel-efficient vessel due in 2029. Climate and Safety: The Marshall Islands warned that rising seas, erosion and extreme weather could expose wartime explosives, raising hazards for coastal communities and infrastructure.
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