A Maersk Tankers vessel barred from a Spanish port in a Russian sanctions dispute will now unload its cargo outside of Europe. The 51,600-dwt Maersk Magellan (built 2010) was heading towards Greece on Tuesday while Maersk Tankers awaited the charterer’s instructions. “Europe is not an option,” said a company spokesperson.

Our weekly finance newsletter looked at Ardmore Shipping’s long, strange trip from 10 years as a public shipowner.