AGP Executive Report
Last update: 2 hours agoShipping and Energy: A sanctioned tanker owned in Seychelles, the Beast, is signalling a possible voyage to the US with Russian diesel, but its destination is unconfirmed. The wider fuel deal is in doubt as other tankers divert and US buyers remain wary of sanctions risks. Financial Services: US Treasury’s FinCEN ordered American financial institutions to cut off dealings with Seychelles-based crypto exchange MEXC, alleging it facilitated more than $16 billion in illicit transactions. Tourism: Seychelles is pursuing new tourism opportunities through a Beijing cultural-tourism seminar and plans to strengthen its presence in the UK market at WTM London. Renewable Energy: India’s International Solar Alliance has highlighted solar projects in Seychelles among initiatives supporting livelihoods and climate resilience; it also plans a $200 million Africa Solar Facility, including a $25 million Indian contribution. Maritime Security: Seychelles joined a regional workshop in Kenya to develop a shared strategy for maritime security and safer shipping routes across the Western Indian Ocean.
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