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The Baltic Exchange has issued its report for the last week 26-30 May to provide information of the bulk market performance.

France and Singapore signed an agreement for various maritime projects on digitalization, decarbonization, safety and security. 

The Isle of Man Ship Registry has recently issued a new Shipping Notice that provides a detailed schedule for the periodic testing and inspection of fire protection systems and appliances onboard vessels, including weekly, monthly, quarterly, and annual checks.

The Isle of Man Ship Registry has recently issued a new shipping notice that sets out the minimum level of maintenance and inspection for fire protection systems and appliances onboard, as required by SOLAS regulation II-2/14.

A federal appeals court has reinstated one of U.S. President Trump’s broadest tariff actions just one day after CIT blocked its enforcement. 

On 29 May, the EU announced that it is putting forward a new strategy for a stable and secure Black Sea region.

The Ningbo-Zhoushan Port announced on 27 May three green shipping corridor initiatives it has undertaken alongside three European ports.

On May 28, 2025, CMB.TECH NV and Golden Ocean Group Limited announced plans for a stock-for-stock merger, meaning Golden Ocean shareholders will receive shares in CMB.TECH instead of cash.

A US federal court has blocked President Donald Trump's global trade tariffs, a central part of his economic policies. On 28 May, the Court of International Trade ruled that the emergency law the White House invoked did not give the president the authority to impose tariffs on nearly every country worldwide. Furthermore, the court emphasized that the US Constitution gives Congress exclusive power to regulate commerce with other nations,and this authority is not overridden by the president’s mandate to safeguard the economy. The panel also stated that the International Emergency Economic Powers Act (IEEPA), which Trump used to justify the tariffs, does not authorize the president to impose universal import duties. The Trump administration announced plans to appeal the ruling shortly after it was issued. The court invalidated all of Trump's tariff orders since January that were based on the IEEPA, a law designed to address “unusual and extraordinary” threats during national emergencies, with immediate effect. However, the court did not address some industry-specific tariffs on automobiles, steel and aluminum.  To remind, on 2 April President Trump imposed a global tariff regime, placing a 10% baseline tariff on most US trading partners and steeper reciprocal tariffs on countries including the...

The EU Commission has assessed the final National Energy and Climate Plans (NECPs) submitted by Member States, identifying progress toward the 2030 climate and energy targets.