BW Maritime Loses Contact with Product Tanker off Togo

The European Commission is expected to propose a floating Russian oil price cap this week as part of a new draft sanctions package in an attempt to overcome opposition from some member states, four EU diplomats said.

(Bloomberg) — China disputed Germany’s accusation that one if its warships behaved dangerously toward a military aircraft in the Red Sea, an incident that Chancellor Friedrich Merz called “totally unacceptable.”...

The Singapore Straits, a vital maritime corridor handling approximately 30% of global trade, is experiencing an alarming rise in armed robbery incidents, according to a new report from the ICC...