US Blows Up Cartel Vessels 🚀

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In today’s email:

  • Cartel War: ⚔️ US launches military strikes on drug-trafficking vessels.

  • Marble Masters: đźŞ¨ Italy mines the world’s most prized statuario stone.

  • Gold Slide: đźĄ‡ Gold tumbles 6% after record highs amid profit taking and stronger US dollar.

  • Oil Clamp: 🛢️ US sanctions Russian energy giants and urges ceasefire.

SHIPPING NEWS

US Escalates Military Strikes on Drug Cartels

In a dramatic escalation of its counter-narcotics policy, the Trump administration has expanded military operations against Latin American drug cartels, treating trafficking vessels and semi-submersibles as legitimate military targets. Over the past month, U.S. forces have carried out at least eight strikes on suspected smuggling vessels, including the first known attack in the Eastern Pacific.

Beginning in early September, U.S. Navy assets sank or destroyed several boats off Venezuela and across the Caribbean. Most recently, American forces struck a suspected drug-smuggling vessel in the Pacific, killing two alleged traffickers, followed days later by another strike that left three dead. The administration has formally declared that the United States is in a “non-international armed conflict” with drug-trafficking organisations, classifying them as “unlawful combatants” and equating their threat to that of terrorists.

This new approach marks a significant departure from traditional law-enforcement interdiction methods. The U.S. Navy has now deployed guided-missile destroyers, amphibious ships, and even a nuclear fast-attack submarine to Caribbean and Pacific waters, signalling a clear militarisation of America’s anti-cartel strategy.

While the White House argues these actions protect U.S. interests and deter trafficking networks, critics warn of potential overreach, risks of civilian casualties, and the uncertain legality of such strikes under international maritime law.

For global trade, the implications are clear: shipping routes through the Caribbean and Pacific could face heightened inspections, rerouting, and insurance costs as regional tension mounts — reshaping the security dynamics of key maritime corridors. Watch Clip

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VIDEO OF THE WEEK

Mining the World's Most Precious Marble in Italy 🇮🇹

High in Italy’s Apuan Alps, miners extract statuario marble — the same stone Michelangelo once sculpted. Each 120-ton block takes days to cut, polish, and perfect. Revered for its translucent beauty, this marble fuels global luxury architecture, merging ancient craftsmanship with cutting-edge technology and artistry.

TRADE SNIPPETS

Gold sees steepest drop since 2013 after record highs. Gold prices plunged over 6%, the biggest single-day fall in more than a decade, after profit-taking and easing US-China tensions. Analysts call it a short-term pullback, with fundamentals like central-bank demand still supporting long-term strength.

Warning issued on chips from China amid Nexperia dispute. The Dutch seizure of China-owned chipmaker Nexperia has sparked concerns about reliance on Chinese-sourced semiconductors. Beijing’s export curbs and European supply-chain alarms signal increased risk for industries dependent on “made in China” chips.

US Treasury sanctions major Russian oil firms, urges ceasefire. The U.S. Treasury has imposed sweeping sanctions on key Russian oil companies, targeting Moscow’s energy revenues and urging an immediate ceasefire in Ukraine. The move intensifies pressure on Russia’s economy and global crude supply networks.

US freight owner faces $34 million bill under new port-fee rules on China-linked ships. A US shipping company has been hit with nearly US$34 million in fees under newly introduced regulations targeting vessels tied to China, raising alarm across the logistics and export sectors over rising costs and trade disruption.

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