Bankrupt Bed Bath & Beyond Seeks $300 Million From MSC Line for Pandemic Shipping Charges

[ad_1] The bankruptcy estate of Bed Bath & Beyond has filed the largest ever lawsuit with the Federal Maritime Commission, seeking around $300 million from Mediterranean Shipping Co. for allegedly…

Major Australian Ports Reopen After Cyberattack Halts Operations

[ad_1] Updated Nov. 13, 2023 12:47 am ET|WSJ Pro SYDNEY—Some of Australia’s biggest ports restarted operations on Monday following a cyberattack that disrupted container traffic ahead of Christmas and highlighted…

How Russia Games Oil Sanctions for Big Profits

[ad_1] A Western price cap on Russian oil meant to curb Moscow’s war spending is increasingly losing its punch and U.S. officials are scrambling to shore up their experimental intervention in global…

Maersk to Cut 10,000 Jobs as Cargo Boom Ends

[ad_1] Updated Nov. 3, 2023 8:16 am ET Shipping and logistics giant A.P. Moller-Maersk said it would cut more than 10,000 jobs, as a pandemic-fueled cargo boom has ended, leaving…

GM’s Cruise Pauses All Driverless Operations After California Crackdown

[ad_1] Cruise, the self-driving car unit of General Motors, is suspending all of its driverless operations, after regulators in California said the vehicles are unsafe in public and pulled the…

Alaska Airlines Pilot Is Arrested After Trying to Disable Aircraft Engines

[ad_1] An off-duty Alaska Airlines pilot riding in a cockpit jump seat on a regional flight was arrested on suspicion of attempted murder after he allegedly tried to disable the…

U.S. Sanctions Two Tankers Accused of Violating Russian Oil-Price Cap

[ad_1] Updated Oct. 12, 2023 4:19 pm ET The U.S. hit two oil tankers and their owners with blocking sanctions and said they had carried Russian oil above the West’s…

WSJ News Exclusive | U.S. Probe of Russia-Sanctions Busting Focuses on Major Oil Trader

[ad_1] The investigation is examining whether Murtaza Lakhani, founder and chief executive of Mercantile & Maritime Group, traded Russian oil in breach of Western sanctions. [ad_2] Source link