Europe's estimated bill reaches €7.88 billion through September as U.S. sanctions deadline adds uncertainty for Yamal's specialized tanker fleet.

A 22-year-old product tanker sanctioned by the European Union is making an unusual late-season voyage along Russia's Northern Sea Route, highlighting the growing use of older, lower-specification vessels to move petroleum products through the Arctic.

China has completed the first season of regular weekly container shipping between China and Europe via the Northern Sea Route, with the operator completing all eight sailings planned for 2026 before ending departures slightly earlier than scheduled because of Arctic ice forecasts.