VLCC Market Firing on All Cylinders Summary The VLCC tanker market has surged in September, according to shipbroker Xclusiv. The Baltic benchmark climbed from about USD 45,155/day on 1 September to USD 87,532/day on 18 September — a 94% rise in under three weeks. The intra-September average sits around USD 65,300/day, and current levels are […]
Is coal trade entering a turning point? Summary Global coal consumption hit a record 8.79 billion tonnes in 2024. The IEA’s Coal Mid‑Year Update 2025 indicates consumption should plateau in 2025 and may start to fall in 2026. China and India showed weaker first‑half 2025 demand as renewables and efficiency gains take share, while the […]
Q&A: Jeff Tafel, President of the National Association of Foreign Trade Zones Summary Jeff Tafel, president of the National Association of Foreign-Trade Zones (NAFTZ), explains the role of the NAFTZ and how recent policy shifts — notably the removal of the de minimis exemption — are reshaping warehousing and e-commerce supply chains. He describes NAFTZ’s […]
Ruling expected soon in cases challenging Nevada U.S. attorney’s appointment Summary A federal judge told attorneys he expects to issue a ruling by the end of the month in challenges to Sigal Chattah’s appointment as Nevada’s acting U.S. attorney. The federal public defender’s office has moved to disqualify Chattah and to dismiss indictments against several […]
Judge orders release of teen accused in Las Vegas casino cyberattacks Summary A 17-year-old who turned himself in over alleged involvement in 2023 cyberattacks on major Las Vegas casino operators was released to his parents after an initial Family Court hearing in Las Vegas on 24 September 2025. Family Court Judge Dee Smart Butler placed […]
Source: Controversial Las Vegas judge nominated self for grand jury before suspension Summary District Court Judge Erika Ballou reportedly nominated herself to serve on a grand jury at a judges’ meeting on Sept. 10, weeks before the Nevada Commission on Judicial Discipline suspended her from the bench for six months without pay. The episode has […]
Vietnam Sentences 43 People in Massive $3.8B Illegal Crypto Gambling Case Summary A Vietnamese court has handed prison terms to 43 people involved in an illegal crypto-based gambling ring engineered by four siblings. The operation processed around $3.8 billion in transactions between early 2020 and late 2021 and reportedly reached some 20,000 customers at its […]
India Plans ₹70,000 Crore Push for Shipping, Shipbuilding and Maritime Infrastructure Growth Summary The Indian government is preparing a large-scale support package of around ₹70,000 crore aimed at rapidly expanding the country’s shipping, shipbuilding and maritime infrastructure. The package centres on three major initiatives: a ₹20,000 crore Shipbuilding Fund, a ₹25,000 crore Maritime Development Fund […]
Merkur Completes Acquisition of Gaming Arts, Cementing US Re-Entry Summary German developer Merkur has finalised its takeover of Las Vegas‑based Gaming Arts, LLC, with the deal closing on 15 September 2025 and endorsed by the Nevada Gaming Commission. The acquisition gives Merkur immediate access to Gaming Arts’ US market experience and licences in around 155 […]
Ethnic Representation in New Russell 3000 Director Appointments Has Fallen 22% Since 2022 Summary New data from Equilar tracking Russell 3000 board appointments shows a notable decline in the share of ethnically diverse directors filling new seats. The rate of ethnically diverse new appointments fell from 23.3% in 2022 to 18.2% in 2024 — a […]
