A US-sanctioned VLGC that spent more than three years hauling Iranian LPG has been scrapped in India, marking a rare exit from the shadow fleet and signalling growing pressure on ageing sanctioned tonnage as Iran’s LPG exports decline

Iraq’s state oil marketer has denied any link to sanctioned tanker Binary Star, after Lloyd’s List Intelligence analysis indicated the vessel was spoofing its position off Iraq while operating under a false Nicaragua flag

Citibank’s London branch has been hit with a £4.7m penalty, after UK regulators found sanctions control failures allowed hundreds of payments involving Russian shipping giant Sovcomflot and other designated entities to be processed after the invasion of Ukraine

An EU naval mission boarded a sanctioned tanker suspected of sailing under a false flag, only for Cameroon authorities to confirm the vessel was legitimately registered, raising questions over the bloc’s increasingly aggressive shadow fleet enforcement campaign

The world’s largest container ports were expected to show slower development in 2025 as tariffs, trade tensions and weaker economic growth threatened to derail demand. Instead, the rankings reveal an industry that continues to adapt and expand, with Asia cementing its dominance, emerging transhipment hubs gaining market share and global supply chains becoming more fragmented, regionalised and resilient

The Russia-Ukraine war could curtail imports of Russian crude oil into India, with tankers at the mercy of missiles in the Black Sea

Fresh violence near Oman underscores the fragile state of shipping security as Qatar seeks to calm US-Iran tensions

Millions of dollars worth of deals have been erased with the D-Day sanctions

EU foreign policy chief Kaja Kallas’ plans for a sweeping new round of Russia sanctions face growing resistance from member states, as a Brussels power struggle and mounting Greek anger over Ukrainian attacks on merchant shipping threaten to derail consensus

Washington has expanded its sanctions arsenal against Iran and designated nearly 60 entities, vessels and individuals, but stopped short of immediately targeting key trading partners, raising questions over the credibility of its threatened economic offensive