AGP Executive Report
Last update: 10 hours agoOcean of Peace Debate: Pacific Conference of Churches general secretary James Bhagwan urged leaders to keep the region’s “Ocean of Peace” vision focused on justice, dialogue and people’s wellbeing, warning it’s being pulled toward defence and deterrence after the Veitacini Treaty’s security provisions. Carbon Markets & Diplomacy: Taiwan hosted a three-day workshop with officials from 11 diplomatic allies in Taipei to build carbon-credit cooperation and capacity for international carbon markets, jointly run with ITRI. Marshall Islands Finance/Shipping Tech: BitGo said it will offer institutional custody and off-exchange settlement for USDM1, a Marshall Islands-issued onchain sovereign bond backed 1:1 by US Treasuries. Shipping Under Pressure (Hormuz): Strait of Hormuz traffic was near standstill as Iran targeted vessels; a Marshall Islands-flagged bulk carrier was among the few attempting transit with transponders off. Caspian Energy Disruption: Caspian Pipeline Consortium confirmed brief suspension of oil loading after drone attacks hit tankers including a Marshall Islands-flagged vessel, with fires contained and no oil spill reported. Corporate Moves (Marshall Islands-incorporated): Rubico terminated a $30m equity line agreement after selling about $27.1m of shares; Toro Corp set its 2026 AGM for Sept 11 in Cyprus.
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