In late July 2025, the United States announced a 25 percent tariff on Indian exports, explicitly citing India’s continued purchases of Russian crude oil and military equipment. The move was widely interpreted as part of a broader strategy targeting cou…
Special Focus of the Week: Iraq Crude Exports & Dirty Oil Flows Read More »
The Commercial Court decision in Fastfreight Pte Ltd v Bulk Trident Shipping Ltd (Anna Dorothea) is a timely and significant reminder of the importance of payment discipline in the shipping industry. At the heart of this case was a clause most shipowne…
‘Commercial certainty’ takes precedent over fairness Read More »
The International Maritime Organization (IMO) has adopted mandatory amendments to SOLAS Chapter V (Regulations 31 and 32) and Article V of MARPOL Protocol I to standardise the reporting of freight container losses at sea. These changes require Masters …
18/2025: New IMO Requirements for reporting loss of containers at sea Read More »
Iraq’s navy has detained a Liberian-flagged oil tanker in its territorial waters as part of a crackdown on fuel smuggling at sea, sources with the navy and oil and transport ministries said on Friday.Smuggling is common in Gulf waters, where…
Iraq Navy Detains Oil Tanker in Smuggling Crackdown Read More »