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Over 30 sanctioned ships in Venezuela at risk after US tanker seizure

Over 30 sanctioned ships in Venezuela at risk after US tanker seizure
More than 30 U.S.-sanctioned oil vessels doing business in Venezuela could face punishment by Washington after the Coast Guard seized a supertanker carrying for export, according to shipping data. The seizure, announced by President Donald Trump on Wednesday, was the...
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Baltic Index Extends Losses To Near Three-Week Low On Falling Vessel Rates

The Baltic Exchange’s dry bulk sea freight index, which tracks rates for vessels transporting dry bulk commodities, fell to a near three-week low on Thursday, weighed down by weaker vessel rates across all segments. The main index, which factors in rates for capesize,...
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Speedy justice? Tribunals grapple with 5 lakh pending cases

Speedy justice? Tribunals grapple with 5 lakh pending cases
Tribunals were created to ease the burden on regular courts and ensure faster justice. Yet a recent assessment by the law ministry shows these specialised bodies are themselves struggling under a massive backlog of over 5.24 lakh cases — a pile-up officials largely...
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India-Europe Trade: Why Container Freight Rates Have Surged by Up to 60%

Sarjak Container Lines, a globally recognized Indian NVOCC specializing in project logistics, over-dimensional (ODC/OOG) and special equipment cargo movement, published an important update on the India-Europe freight rates and market conditions on this lane. “Shippers...
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VLGC market in 2025: A rollercoaster ride with more dips than peaks

The VLGC market in 2025 remained highly volatile, with occasional rate spikes overshadowed by weak fundamentals. Vessel oversupply and fragile demand, along with factors such as US loading disruptions, fluctuating arbitrage, and tariff uncertainties, weakened TC rates...
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Joined by HRH The Princess Royal, Mission to Seafarers hosts its annual festive carol service honouring seafarers worldwide

Joined by HRH The Princess Royal, Mission to Seafarers hosts its annual festive carol service honouring seafarers worldwide
The Mission to Seafarers (MtS) held its annual ‘Festival of Nine Lessons & Carols’ this week at All Hallows by the Tower in London, followed by a reception at Trinity House. The gathering brought together supporters, volunteers, and friends from across the global...
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