At the Annual General Meeting of the International Group of P&I Clubs in London on November 11, 2025, Rolf Thore Roppestad was appointed as the new Chair of the International Group of P&I Clubs.Roppestad succeeds Andrew Cutler, who has served since November 2022. The Group thanked Cutler for his contributions and the positive impacts during his time as Chair.
Dozens of tankers have joined the shadow fleet this year compared with hundreds in previous years as the harshest Western sanctions yet target Russia's oil exports and add to the difficulty of finding suitable vessels, shipping sources said.The European Union and Britain last month imposed further sanctions on Russia over its war in Ukraine.Together with U.S.
Australia offers a secure alternative supply for critical minerals vital to industry, its trade minister Don Farrell said on Thursday, in the face of rising concerns about Beijing's dominance of the sector.China's decision in April to suspend exports of a wide range of rare earths and related magnets crucial to sectors ranging from automakers to aerospace and defence was widely seen as Beijing
French shipping and logistics group CMA CGM will continue to avoid the Red Sea even though it considers the region is more stable following the ceasefire agreement between Israel and Hamas, it said on Saturday.Shipping executives remain cautious about a return to the Red Sea, where Iran-backed Houthis have carried out more than 100 attacks on ships since November 2023