A group of 18 countries that dominate global shipping warned of a structural shift raising costs. The nations highlighted ongoing conflicts and the rise of shadow fleets as key threats to the free flow of goods across international waters. These shadow fleets, often involving older vessels operating with obscured ownership, complicate enforcement of sanctions and safety standards.

The shipping industry, which handles the majority of world trade, faces mounting pressure from geopolitical tensions and regulatory gaps. The coalition urged coordinated action to address these challenges and preserve open sea lanes.