The recent tit-for-tat tariff bouts between the US and China were expected to create a potential glut of US coals being offered within Asia as they get diverted from China. There were almost no offers for fresh US seaborne cargoes in China on the first day of its...

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South Korea has outpaced China to secure the highest volume of ship orders in January, according to a report by Clarkson Research, a British shipbuilding and shipping market analysis firm. The report, released on Feb 7, highlights that South Korea captured 62% of...

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Clean LR2 MEG LR2’s continued downward this week. TC1 75kt MEG/Japan was marked 22.5 points less at WS102.22 and a voyage west on TC20 90kt MEG/UK-Continent went from $3.43m to 3.25m. West of Suez, Mediterranean/East LR2’s of TC15 also dipped by $191,000 to $3.16m....

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Rates for shipping containers from Asia to the US ticked lower this week, although they could see upward pressure from shippers pulling forward volumes ahead of the 30-day tariff freeze, while rates for liquid chemical tankers held steady. Global average rates fell by...

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NEW DELHI: In a major crackdown on drug trafficking, the Narcotics Control Bureau (NCB) has seized high-grade cocaine worth over ₹100 crore, along with cannabis gummies and hydroponic ganja, in one of the largest drug busts in recent times. The operation dealt a...

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