No Coverage Owed for $1.2 Million Loss Caused by Gold Coin Shipping Scam December 7, 2021 By Jim Sams A Dallas gold coins dealer cannot evade a fraudulent check exclusion in its insurance policy by putting the onus on...
Maersk Suspends Five Crew Members as it Investigates Alleged Sexual Assault October 14, 2021 COPENHAGEN — The world’s largest shipping firm A.P. Moller-Maersk has suspended five employees as part of an investigation into an...
Global Supply Disruptions Could Still Get Worse, Central Bankers Warn September 30, 2021 By Balazs Koranyi and Francesco Canepa FRANKFURT –Supply constraints thwarting global economic growth could still get worse, keeping inflation elevated longer, even if the current spike...
As Ida Leaves Gulf, Analysts Foresee Modest Economic Damage August 31, 2021 By Martin Crutsinger WASHINGTON (AP) — With more than 1 million customers in Louisiana and Mississippi having lost power, Hurricane Ida is sure...
Shipping Snags Prompt US Firms to Mull Retreat From China August 6, 2021 By Paul Wiseman WASHINGTON — Game maker Eric Poses last year created The Worst-Case Scenario Card Game, making a wry reference to the...
Global Supply Chains Buckle as Virus Variant and Disasters Strike July 28, 2021 By Jonathan Saul, Muyu Xu and Yilei Sun LONDON/BEIJING — A new worldwide wave of COVID-19. Natural disasters in China and Germany. A cyber attack targeting key South...
Explosive-Laden ‘Drone’ Boat Targets Saudi Port of Yanbu April 28, 2021 By Jon Gambrell and Isabel Debre DUBAI, United Arab Emirates (AP) — A remotely piloted boat packed with explosives targeted the Saudi port of Yanbu in...
Lloyd’s of London Sees ‘Large Loss’ Due to Suez Canal Blockage March 31, 2021 By Carolyn Cohn LONDON — The blockage of the Suez Canal for nearly a week will result in a “large loss” for Lloyd’s...
With Ship Now Freed, a Probe Into Suez Canal Blockage Begins March 31, 2021 By Samy Magdy and Jon Gambrell SUEZ, Egypt (AP) — Experts boarded the massive container ship Tuesday that had blocked Egypt’s vital Suez Canal and disrupted...
Suez Canal Works to Clear Backlog as Shipping Convoys Resume March 30, 2021 By Nadeen Ebrahim ISMAILIA, Egypt — The Suez Canal expects 140 ships to pass on Tuesday after the freeing of a container ship...