A.P. Møller - Mærsk improves underlying profit

London - The performance of A.P. Moller - Maersk in Q2 was mainly driven by a profitable Maersk Line.


U.S. trade envoy Lighthizer says NAFTA has “failed” Americans

Washington - “We need to ensure that the huge trade deficits do not continue and we have balance and reciprocity. This should be periodically reviewed,” Lighthizer said in opening remarks at NAFTA negotiations in Washington.


UK’s biggest warship HMS Queen Elizabeth sails into home port for first time / GALLERY

London - The 280-metre (920-foot) vessel entered the harbour on England’s southern coast at 0610 GMT, greeted by thousands of spectators.


Hamburg’s first-half seaborne cargo handling matches previous year’s 70 million tons

Hamburg - In the first six months of 2017 containerized general cargo throughput at 4.45 million TEU (20-ft standard containers) was at the previous year’s level.


East Libyan elite forces snub ICC over warrant for commander

Benghazi - An elite forces unit linked to the army that controls much of eastern Libya has snubbed international efforts to bring to justice one of its senior officers for allegedly executing dozens of prisoners.

China’s Geely says has no plan to buy Fiat Chrysler
Trade groups call on U.S. to investigate CSX rail disruptions
President Trump again blasts Amazon over taxes, jobs
Global container port volumes up 6.7% in first half 2017
Tehran to bring totally homebuilt steel mill online
Despite delay, U.S. expected to impose steel tariffs
Russian Railways keeps plans to order additional trains from Siemens
Samsung executive paid US$12.3 mln in 1H

Samsung executive paid US$12.3 mln in 1H

Seoul - Kwon Oh-hyun,vice chairman of Samsung Electronics, was paid some US$12.3 million in the first half of the year, and set to become once again the country’s highest-paid corporate executive of the year, data showed on Monday. Kwon is in charge of Samsung’s semiconductor and display unit

Israeli billionaire Steinmetz held in custody in fraud probe
Trade at Jebel Ali Free Zone hits $80.2 billion

Trade at Jebel Ali Free Zone hits $80.2 billion

Dubai - Non-oil trade at Jebel Ali Free Zone rose 17% to $80.2 billion or an equivalent 27.9 million tons in 2016, from 23.9 million tons a year earlier. China kept its position as the free zone’s major player with $11.3 billion worth of non-oil goods, equipment and commodities being shipped in via the Jebel Ali port