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GLOBAL TRADE

A teal-colored banner with the words “Welcome to Nor-Shipping” in large yellow and white letters, partially shadowed by structural patterns and surrounded by out-of-focus yellow-green foliage

Navigating the crosscurrents at Nor-Shipping 2025

Held in Oslo from June 2 to 6, Nor-Shipping 2025 brought together global maritime leaders to explore decarbonisation, digital disruption, and the evolving geopolitics shaping the future of shipping and sustainability

Panoramic view of a bustling international port with numerous cargo ships docked alongside cranes and thousands of shipping containers stacked, illustrating the vital arteries of global maritime commerce

Maritime security demands leadership, not lip service

From the UN Security Council floor, Greek PM Kyriakos Mitsotakis called for coordinated global action on maritime security, stressing that Greece will not remain passive in the face of rising systemic threats

Red and black dry bulk cargo ship named “NICHOLAS STANFORD” sailing at sea under clear blue sky

New rise in Capes, stability in other sizes

The dry bulk market showed mixed trends during the week ending May 16, 2025, with Capesizing vessels surging nearly 20% while smaller vessel categories experienced minor fluctuations

Aerial view of the Colombo East Container Terminal with a large container ship docked under towering blue gantry cranes, symbolizing increased cargo traffic as vessels avoid high-risk zones near Pakistan

The impact of a potential India-Pakistan conflict on shipping

Rising tensions between India and Pakistan are shaking the global shipping industry, with threats of maritime conflict in the Indian Ocean leading to soaring freight rates, insurance concerns, and rerouted logistics operations worldwide