After investigating and assessing for one and a half year, the prosecutor has closed the case against carrier Norden, which for years until 2019 fabricated fake logbooks in order to hide transports to Israel. The reason is statute of limitation and lack of evidence, says prosecutor.

In a new sanctions package against Russia, the EU cracks down on exporting the warring nation’s crude to third countries – despite protest from countries like Greece and Malta. Although several states are given leeway in new sanction demands the EU Commission otherwise considers ”water-tight”.

Maersk is one of more than 100 large companies failing to assess climate risks in their financial statements. Insufficient reporting could be a sign of ”greenwashing”, writes think tank in report.

According to the latest edition of the Global Supply Chain Pressure Index, pressure on supply chains is heading toward the levels prior to congestion and Covid-19.

Spot rates for product tanker and oil carriage are stable with a fine outlook to winter months, writes Concordia Maritime in an update. Orderbooks are limited, and used vessel prices hold firm.