This week’s maritime news highlights significant developments from 02 Sep. to 08 Sep. 2024. Key topics include India’s ₹25,000 crore Maritime Development Fund to boost shipbuilding, recovery in dry cargo shipping, innovations in marine fuels, and updates on the Red Sea crisis. Environmental challenges and Seychelles’ efforts against maritime crime are also covered.
Seychelles will assume the Chair of the Contact Group on Illicit Maritime Activities (CGIMA) following the second plenary meeting on September 5, 2024. With a focus on combating piracy and ensuring maritime security, Seychelles will collaborate with partners to address threats in the Western Indian Ocean. This leadership underscores the country’s commitment to promoting stability in the region.
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