Shipping market review: diverging trends across global shipping sectors
December 19, 2025
In the Indian Ocean along the East African coast, a resurgence of piracy is anticipated in 2025, facilitated by favorable weather conditions and a security vacuum left by the withdrawal of U.S. and EU naval forces. This follows recent pirate activities, including the use of hijacked fishing vessels as motherships, suggesting an increase in hijackings for ransom. Despite the Indian […]
