Back-up shipping navigation aid goes live

System counters threat of failures in satellite networks

Carnival links with Chinese shipbuilder

Joint venture to design and build China’s first cruise vessels

Maersk to buy new container ships

Plan to spend $3bn per year on new ships, vessel upgrades

Samsung pushes ahead on restructuring

Engineering unit to merge into shipbuilding

Commerzbank sells shipping loan portfolio

Bad bank assets shed with sale to private equity-backed venture

NOL weighs sale of logistics arm

Singaporean container shipping group grapples with overcapacity

Maersk: containment strategy

Group reports messy results but has important new ideas

Maersk targets $1bn share buyback

Robust profits highlight recovery in volumes and cost cuts

UPS cuts forecast as it boosts spending

Effort to avoid repeat of Christmas delays

Shipping tycoon’s aide steps down

Tor Olav Trøim’s partnership with John Fredriksen set to end

US port strike fears hit supply chains

Shippers anticipating stoppage divert cargo to Canada

Week in Review, July 12

Samsung takes some knocks; Maersk, HSBC and insider trading case also in the news

Maersk forms new alliance with MSC

Move follows collapse of planned alliance of three freight lines

Djibouti pulls DP World terminal contract

Corruption allegations over concession

China signs $4bn of deals with Greece

Li and Samaras open 17km rail link from port

Maersk: all at sea

Irrationality triumphs as China scuppers proposed alliance

Maersk runs into Beijing on shipping deal

China blocks three-way shipping alliance

Shares in Denmark’s Maersk suffer biggest fall in two years

MPs warn over ship emissions rules

Fears that tougher pollution regime will cost 2,000 jobs

Maersk rejects tanker deal bribery claims

Danish group denies bribing Petrobras official via broker


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