
Singapore urges coordinated global response to shadow fleet risk
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Singapore Creates National Space Agency as global space market expands
Singapore has established a dedicated national space agency to coordinate policy, industry development and international partnerships as commercial space activity grows worldwide. The move signals a strategic push to capture economic opportunities in satellite services, data analytics and space-enabled applications while managing security and regulatory challenges.

Global rise in abandoned oil tankers leaves crews stranded and regulators exposed
A surge in ships left without support has created a humanitarian and regulatory crisis for seafarers and coastal authorities, driven by opaque ownership, permissive registries and sanctions-distorted trade. At the same time, a freight-market squeeze — longer voyages, repurposed fleets and high charter rates — has intensified incentives to hide, repurpose or abandon older tonnage, worsening crew welfare and environmental risk.
Europe Moves to Cripple Russia’s Covert Shipping Network
European governments have issued coordinated warnings and stepped up scrutiny of vessels and services suspected of ferrying goods to and from Russia in ways that sidestep sanctions. The effort aims to choke the maritime logistics and financial plumbing that sustain those flows, but it faces legal, technical and market limits that will determine whether it sticks.

Singapore’s sovereign investors reshape how they contract with hedge funds
GIC and Temasek are altering the structure and terms of their hedge fund relationships, tightening fee arrangements and seeking more direct exposure to strategies they value. The shift pressures external managers to accept leaner economics or deeper strategic alignment while pushing the sovereigns toward greater control and cost efficiency.
Hidden lifelines from orbit to ocean floor face growing security and regulatory shortfalls
Experts at a global forum warned that the satellites above and cables below are increasingly fragile points of failure for modern society, with technological expansion outpacing governance and security. Without accelerated investment in resilience, coordinated regulation and basic cybersecurity hygiene, routine services and critical functions face rising systemic risk.
Hong Kong industry body urges softer CARF penalties as city aligns with global crypto reporting
A Hong Kong securities professionals group supports adopting the OECD’s crypto reporting standard but warns current draft rules could expose firms and directors to excessive operational and liability risks. The association asks regulators to limit penalties, protect personal data, and allow regulated third parties to assume record-keeping when businesses wind down.
Chinese-linked APT exploits zero-day and rootkits against Singapore telcos
A China-linked advanced persistent threat group targeted all four major Singapore telecommunications operators last year, using a firewall zero-day and rootkits to gain limited footholds. Authorities report no service outages or confirmed data theft so far, and are coordinating containment, remediation, and strengthened monitoring across the sector.

U.S. Maritime Action Plan Risks Rebuilding Yesterday’s Fleet Rather Than Future-Proofing Shipping
The White House maritime initiative aims to revive U.S. commercial shipbuilding but gives insufficient weight to energy transition and emerging carbon regulation, risking expensive, short-lived assets. Rapid declines in battery system costs and containerized BESS advances mean many coastal and inland routes can electrify now — a reality the plan largely overlooks.