The Danish liner carrier has resumed service to Iran after a five-year absence and just a year and a half after the Maersk Tigris was fired upon by the Iran Revolutionary Guard Corps Navy.
Roberto Azevêdo, the head of the World Trade Organization, warned that the benefits of international trade are increasingly getting lost among the incessant anti-trade rhetoric that’s being espoused worldwide.
Meanwhile, a judge in STX Offshore’s Korean bankruptcy proceedings has ordered the troubled shipbuilder to put its shipyard up for sale along with its profitable cruise ship subsidiary based in France, according to multiple media reports.
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New U.S. Customs regulations will make it easier to catch companies trying to avoid anti-dumping and countervailing duties.
The International Longshoremen's Association has reversed an earlier decision, and agreed to once again work ships operated by the now insolvent South Korean ocean carrier.
The National Hurricane Center issued a public advisory at 11:00 a.m. EDT that said the Category 4 Hurricane off the coast of Haiti is moving north at 10 miles per hour.