Spanish police have made their largest-ever cocaine seizure at sea, intercepting a vessel with nearly 10 metric tons hidden in a salt shipment from Brazil to Europe. Thirteen individuals were arrested, and authorities recovered 294 bales of cocaine. This operation involved international collaboration to combat drug trafficking.
The Australian Border Force and Federal Police intercepted nearly 65 kg of cocaine worth over A$21 million in Brisbane. The shipment, falsely declared as wooden slats from Panama, revealed 108 bricks of cocaine after x-ray anomalies were detected. This significant haul could lead to 324,000 street-level deals, threatening community safety.
Freight rates for Russian oil shipments from Baltic ports to India are declining after hitting record highs, driven by increased offers from Western shipowners. With Urals crude prices dropping below the $60 price cap, shipping costs have fallen to an average of $7 million per shipment, fostering trade opportunities between Russia and India.
