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Iran assures navigation freedom after ship seizedIran's foreign minister told a New York City audience on Wednesday that Tehran respects freedom of navigation in the Gulf, a day after Iranian patrol boats seized a Danish container ship in one of the world's busiest oil shipping lanes. More… |
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Maersk to sell 25pc stake in Xiamen portAPM Terminals, the port operating arm of Danish shipping and oil group A.P.Moller-Maersk, has agreed to sell a 25 per cent stake in Xiamen Songyu Container Terminal, the company told Reuters on Tuesday. The terminal on China's southeas More… |
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Maersk in $699m bonds successDanish shipping and oil group A P Moller-Maersk sold 500 million euros ($698.5 million) of new seven-year bonds in an oversubscribed offering that was part of a policy to diversify its funding. The 2017 bond, only Maersk's third corpor More… |
