A wide-scale internal investigation into sexual harassment at Maersk has led to several new cases and dismissals. The shipping major has launched a cultural transformation program to fight the issue.

On Dec. 5, all Russian crude oil will be banned in the EU. But oil from the warring country will still flow into the world market, and both the EU embargo and price cap can be circumvented, predicts sanctions lawyer.

Nationwide railway strike in US thwarted. It was set to begin on Dec. 9 damaging cargo shipments and passenger traffic severely, and would have cost the US economy USD 2bn a day.

Several ships linked to Russia’s largest grain trader has ferried several thousand tonnes of stolen Ukrainian grain, according to Wall Street Journal.

The crisis-stricken offshore operator has asked Norwegian courts to commence a reconstruction process after having failed to land the proposed restructuring plan.