Somalia: Somalia Vows Stronger Protection for Commercial Shipping Amid Maritime Security Concerns

United Nations — Somalia has pledged to strengthen security for commercial vessels passing along its coastline as concerns grow over the safety of key international shipping routes, officials said Monday. Somalia’s ambassador to the United Nations, Abukar Baalle, stressed the importance of safeguarding the country’s territorial waters, saying Somalia’s maritime security has implications far beyond…

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U.S. targets Iran’s oil networks in fresh sanctions on shipping, airline operators

Shorouk Express BAKU, Azerbaijan, November 21. The United States imposed a new round of sanctions targeting shipping networks and an airline it says are helping fund Iran’s “malign activities” through illicit oil sales and support for Iran-backed militant groups, the State Department said, Trend reports. The Departments of State and Treasury announced coordinated designations aimed…

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Trump sinks global shipping climate tax

Shorouk Express “They killed [the agreement]. The lack of leadership from the EU makes my blood boil,” said one person with knowledge of the discussions, also granted anonymity to speak candidly.  However, the move garnered support from major fossil fuels producers, such as Saudi Arabia and Russia, which traditionally push back against climate measures aimed…

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Lawmakers introduce bipartisan SHIPS Act to boost commercial shipping – Breaking Defense

A container ship passes below the Worldwide Gateway Bridge on the Port of Lengthy Seaside in Lengthy Seaside, California, US, on Monday, June 17, 2024. (Tim Rue/Bloomberg through Getty Photos) WASHINGTON — A bipartisan, bicameral group of lawmakers as we speak launched laws geared toward strengthening the American shipbuilding and industrial maritime industries following what…

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