US Captures "Dark Fleet" Tanker ⚔️

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In today’s email:

  • Tanker Seized: 🚢 US forces intercept vessel carrying suspected sanctioned Venezuelan oil.

  • Cliff Harvest: 🪶 Workers risk deadly falls to collect $2,700 saliva nests.

  • Forwarder Squeeze: 📦 WiseTech shifts CargoWise costs onto shippers.

  • Farmer Relief: 🌽 Trump admin announces $12B bridge payments for US growers.

SHIPPING NEWS

US Intercepts “Dark Fleet” Tanker—Tensions Spike

US naval forces have intercepted and seized an oil tanker operating just off the coast of Venezuela, escalating tensions in an already fragile maritime corridor and raising new questions for global energy traders. The vessel—suspected of carrying sanctioned Venezuelan crude—was detained during a coordinated operation involving the US Navy and federal law-enforcement agencies. Officials say the tanker was attempting to obscure its origin through ship-to-ship transfers and AIS manipulation, techniques increasingly used in the shadow oil trade.

According to US authorities, the cargo is linked to entities under long-standing sanctions targeting Venezuela’s state-run oil sector. Washington argues the operation is part of a broader crackdown on illicit flows that undermine sanctions policy and distort global oil markets. Caracas has condemned the seizure, calling it an “act of aggression” and claiming the tanker was operating legally in international waters.

The incident adds another layer of uncertainty to global crude supply chains. Venezuela has been rebuilding export volumes through opaque networks involving intermediaries, aging tankers, and routes that skirt formal oversight. The seizure is expected to tighten the availability of unofficial barrels, potentially redirecting demand toward Middle Eastern and West African grades at a moment of heightened geopolitical volatility.

Maritime risk analysts warn that the action could trigger reciprocal moves or push more vessels into “dark fleet” operations—where ships disable tracking systems and conduct clandestine transfers to avoid detection. With insurance premiums already elevated for vessels operating near sanctioned jurisdictions, traders and shipowners are bracing for further disruptions. Watch Clip 

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VIDEO OF THE WEEK

Why People Risk Their Lives To Harvest A $2700 Bird Nest Made Of Saliva

Harvesters in the Philippines scale dangerous limestone cliffs to collect valuable swiftlet nests made of hardened saliva. Despite rising farmed alternatives, many continue the risky centuries-old tradition, gathering nests for prized bird’s-nest soup while protecting the species’ survival.

TRADE SNIPPETS

Trump administration announces $12 billion bridge payments for US farmers. The Trump administration will deliver $12 billion in one-time “farmer bridge” payments to row-crop producers hit by high costs and unfair trade practices, offering short-term relief ahead of broader farm bill changes.

Forwarders face high-stakes test as WiseTech shifts CargoWise costs onto shippers. WiseTech’s new CargoWise value packs push more platform costs onto shippers, forcing freight forwarders to rework pricing models, defend margins, and justify their role as logistics middlemen in increasingly digitalised supply chains.

Ukraine’s drone war on dark fleet tankers heightens Black Sea risk. Windward details how Ukrainian drone attacks on Russia-linked “shadow fleet” tankers and the disputed towing of Kairos have triggered diplomatic rows, raised war-risk premiums, and increased safety concerns for all traffic in the Black Sea.

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