US furniture distributor in $12m claim against CMA CGM over contract breaches
CMA CGM has found its shipping practices in the dock, with two claims having been ...
AMZN: APPEAL UPDATEDSV: PRESSURE BUILDS AAPL: OPENAI FUNDING INTERESTCHRW: ANOTHER INSIDER CASHES INHLAG: GRI DISCLOSUREMAERSK: HOVERING AROUND FOUR-MONTH LOWSTSLA: CHINA COMPETITIONDHL: BOLT-ON DEAL TALKAMZN: NEW ZEALAND PROJECTDHL: SURCHARGE RISKKNIN: LEGAL RISKF: 'DEI' HURDLESPLD: RATING UPDATEXOM: DISPOSALS
AMZN: APPEAL UPDATEDSV: PRESSURE BUILDS AAPL: OPENAI FUNDING INTERESTCHRW: ANOTHER INSIDER CASHES INHLAG: GRI DISCLOSUREMAERSK: HOVERING AROUND FOUR-MONTH LOWSTSLA: CHINA COMPETITIONDHL: BOLT-ON DEAL TALKAMZN: NEW ZEALAND PROJECTDHL: SURCHARGE RISKKNIN: LEGAL RISKF: 'DEI' HURDLESPLD: RATING UPDATEXOM: DISPOSALS
Utterly absorbing long read from Bloomberg on the hijacking of an oil tanker that turned out to be a massive fraud, and at times reads more like a film treatment than a shipping article. All the characters are present: Somali pirates, Yemeni rebels, a mysterious Greek shipowner with Mafia connections and an unflappable British ship surveyor; as are the settings: the tense waters off Yemen, the war-ravaged port of Aden and, natch, the Admiralty High Court in London. “Something seemed off. This was too many men, at the wrong time, and one wasn’t even wearing shoes. Letting armed strangers onto the ship went against every antipiracy protocol. Marquez radioed up for instructions. After a few minutes an order came back: Lower a ladder.”
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