AGP Executive Report
Last update: 7 hours agoSeabed Mining: A Guam screening ahead of US seabed lease sales will examine pressure on Pacific nations, including Nauru, to license mining in the Clarion-Clipperton Zone. Freight Costs: Swire Shipping will raise emergency fuel surcharges from Nov. 15; standard containers on specified routes to Pacific destinations will cost US$535 for a 20-foot unit and US$1,070 for a 40-foot unit, on top of existing fuel charges. Climate Outlook: El Niño is forecast to bring below-normal rain to parts of the western Pacific, but the outlook expects wetter-than-usual conditions along the equator from Nauru to eastern Kiribati. Renewable Energy: Sunergise plans to acquire Infratec, expanding its solar and battery-storage capacity across the Pacific; the companies have jointly delivered five renewable energy plants in the region, including in Nauru. Fisheries: Researchers say biodegradable fish aggregating devices could reduce persistent marine debris while maintaining fishing performance.
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