AGP Executive Report
Last update: 2 hours agoMaritime Security in the Horn: The IMO says piracy and armed robbery are up 17% globally (2024–2025) and is urging urgent action to free 44 seafarers held by Somali pirates on three hijacked vessels (MT Honour 25, Eureka, Sward), warning of critically low food and unsafe water. Djibouti Code in Action: The IMO’s Red Sea Project is pushing Yemen to set up a National Maritime Information Sharing Centre and a Regional centre, with Yemen urged to base its procedures on the 2023 Djibouti Code of Conduct/Jeddah Amendment information-sharing standards. On-the-Water Response: India’s INS Trikand and MARCOS foiled a piracy attempt on the MV Golden Arsenal near Djibouti, securing 21 crew and restoring the ship for continued transit. Trade & Logistics: ProCharter Aviation launched four new weekly Nairobi cargo corridors to Mogadishu, Kismayo, Djibouti, and Juba, aiming to speed East Africa imports/exports. Energy Shock: Oil prices jumped after the U.S. cancelled Iran’s crude sales license and launched strikes, raising risks around the Strait of Hormuz.
Note: AI summary from news headlines; neutral sources weighted more to help reduce bias in the result. Feedback is welcome. Please let us know if you have any comments or suggestions about the AGP Executive Report.
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