Maritime Trade & Economy

Canada Pension Plan Investment Board (CPP Investments) and OMERS have agreed to sell their combined 63.9% stake in Associated British Ports (ABP) to a fund managed by IFM Investors, in a major UK port infrastructure investment deal expected to close in the first half of 2027.

Monaco’s yachting industry generated €659.7 million in revenue in 2025, marking a 16.3% increase since 2022 as yacht brokerage and specialised maritime services strengthened the Principality’s high-value marine economy.

The European Union and Greenland have reaffirmed their commitment to sustainable fisheries and blue economy development following a two-day visit by EU Commissioner for Fisheries and Oceans Costas Kadis to Greenland on 15–16 October 2026.

Danish start-up Decameal is developing a way to convert surplus shore crabs into marine protein ingredients for aquaculture feed and pet food.

Egypt’s Alexandria Port Authority has signed a memorandum of understanding (MoU) with China’s Xiamen C&D to develop a new industrial dry bulk terminal at El Mex Port, advancing port infrastructure, freight transport and logistics investment in one of the country’s key maritime hubs.

Ministers from OPEC and non-OPEC oil-producing countries have stressed the critical importance of safeguarding international maritime routes to maintain uninterrupted energy supplies, warning that disruptions to global shipping are driving up maritime transportation costs, marine insurance premiums, and oil supply chain expenses.

The European Commission has approved €40.5 million in French state aid to help transport companies, agricultural businesses, fisheries and aquaculture operators manage rising fuel costs linked to the Middle East crisis.

Perini Management Services, Inc. (PMSI) has been awarded a $315 million maritime infrastructure contract to construct a new fuel pier supporting major cutter operations at U.S. Coast Guard Base Kodiak in Alaska.

Vietnam is expanding high-tech offshore aquaculture as businesses invest in modern farming systems and industrial production.

The Xi-Trump summit in Washington has given the global shipping industry, maritime trade and international supply chains temporary relief.

A Panama-flagged container ship has completed the inaugural voyage of a new direct China-Vietnam shipping route, linking southwest China with Vietnam’s Mekong Delta through a river-sea service.

More than 200 business, trade and maritime shipping organizations are urging the U.S. administration to extend the suspension of Section 301 tariffs and port fees on Chinese-built vessels.

Federal Minister for Maritime Affairs Muhammad Junaid Anwar Chaudhry has invited vanaspati manufacturers to establish an edible oil industrial city at Port Qasim, as the government seeks to facilitate industrial investment, manufacturing, exports and private-sector development at the port.

Ghana and Panama have signed a Memorandum of Understanding (MoU) to formally begin bilateral political consultations and expand cooperation in maritime affairs, cocoa production, international trade and the extractive sector.

The European Commission has proposed targeted changes to the European Maritime, Fisheries and Aquaculture Fund (EMFAF).