France released the seized oil tanker GRINCH after imposing a multi-million euro penalty on the vessel's owner for suspected involvement in Russia's shadow fleet evading European oil sanctions.

Parts of the Strait of Hormuz, one of the world’s most important oil-shipping lanes, will be closed for “several hours” on Tuesday as part of Iran’s military drills, state TV in the Islamic Republic reported.

Russia could deploy its navy to prevent European powers from seizing its vessels and may retaliate against European shipping if Russian ships are taken, Nikolai Patrushev, one of Russia's leading hardliners, was quoted as saying on Tuesday.

Ship traffic in the Arctic reached a new milestone in 2025, with 1,812 unique vessels operating inside the Polar Code area, according to new data released by the Arctic Council Working Group on the Protection of the Arctic Marine Environment (PAME). The figures mark a 40% increase from 2013, when PAME began tracking traffic through its Arctic Ship Traffic Data (ASTD) system.

Russia has dispatched two powerful icebreakers, including a nuclear-powered vessel, from Arctic waters to the Baltic Sea to help keep shipping lanes open as one of the harshest ice seasons in more than a decade disrupts traffic across northern Europe.

Operations at the floating LNG import facility Mukran off the Baltic coast of Germany resumed this week after icebreaking efforts by the multipurpose vessel Neuwerk restored access to open water following weeks of disruption caused by heavy sea ice in the bay off Mukran.

A niche but crucial part of the oil market is being rocked by a huge bet from a South Korean tycoon who has amassed a large share of the tanker market — with help from one of the industry’s wealthiest men.

Container shipping group Hapag-Lloyd HLAG.DE said it is in advanced negotiations to acquire Israeli rival ZIM Integrated Shipping Services ZIM.N, a deal that would consolidate its position as one of the world's biggest ocean shipping companies.

New data compiled by the Danish Maritime Authority reveals that EU-sanctioned tankers linked to Russia’s so-called “shadow fleet” made 292 voyages through Danish territorial waters in 2025, underscoring both the strategic importance of the Danish straits as a gateway to the Baltic Sea and growing concerns among European states over maritime sanctions evasion, safety and environmental risks.

Hapag-Lloyd reported preliminary 2025 financial results that came in at the upper end of its guidance, even as earnings fell sharply from the prior year amid higher operating costs and softer freight rates.

Russia expects to continue supplying oil to India despite warnings from the United States, Russian embassy officials in New Delhi said on Wednesday, adding that Moscow hopes trilateral talks will soon take place with India and China.

The International Union of Marine Insurance (IUMI) has called for marine insurers to heighten their awareness of modern slavery and forced labor risks throughout maritime and global supply chains amid...