International Customs

WASHINGTON: At first glance, trade statistics for the first six months of 2015 appear to show that the imposition of...

Anti-Money Laundering office to seize B300m in Pongpat, Rohingya cases

BANKOK: The Anti-Money Laundering Office has decided to seize more assets worth almost 300 million baht linked to the Pongpat...

638,000 seized cigarette packs missing from warehouse

BANGKOK: More than half a million packets of U-Light cigarettes seized by the Department of Special Investigation (DSI) as evidence...

US customs seizes cocaine from shipping container at Baltimore port

BALTIMORE: Authorities seized 147 pounds of cocaine hidden inside a shipping container full of lumber at the port of Baltimore,...

Mississippi ports get $3.8m for upgrades, repairs and maintenance

JACKSON: The Mississippi Transportation Commission has awarded $3.8 million in grants to seven of the state’s ports for upgrades, maintenance...

Ban lifted: US companies to sell crude oil to Mexico

WASHINGTON: The Obama administration is allowing U.S. companies to sell some oil to Mexico, approving several transactions that fall within...

Canadian economy declines into recession: report

DUBAI: In the past nine years in office, Prime Minister Stephen Harper has cut taxes, increased military spending, toughened Canada’s...

40 migrants died, 320 others rescued in Mediterranean Sea north of Libya

ROME: At least 40 migrants died at sea and more than 320 others were rescued Saturday by the Italian navy...

Argentina to seize Falklands drillers’ bank account, property

BUENOS AIRES: An Argentine judge has ordered the seizure of assets of oil drilling companies operating in the Falklands Islands,...

New LNG deal could establish Jamaica as energy hub: Paulwell

KINGSTON: Energy Minister Phillip Paulwell says the new agreement between the Jamaica Public Service Company Limited (JPS) and New Fortress...

Nine banks to pay US investors $2b for foreign exchange rates rigging

WASHINGTON: Nine major banks charged with rigging foreign exchange rates have agreed to pay $2 billion in settlements to US...

LNG liquefaction capacity growth rises in North America: report

HAVANA: Global LNG capacity would more than double from 341 mtpa in 2015 to 811 mtpa by 2019 based on...

Indonesia plans to cut oil, gas exports to comply with domestic demand

JAKARTA: The Indonesian government plans to gradually scale down shipment of oil and gas to overseas to comply with rising...

Thai to develop $500m LNG terminal in Myanmar’s Dawei

ROME: Aug 7 Thailand's leading construction firm Italian-Thai Development PCL said on Friday it was in talks with Myanmar authorities...

Norwegian IT services firm Evry to cut 500-550 full-time jobs by end of year

OSLO: Norwegian IT services firm Evry will cut 500-550 full-time jobs by the end of the year in a bid...

Cargill to acquire EWOS, Norwegian fish feed supplier, for $1.5b

OSLO: Cargill said that it had agreed to acquire EWOS, a supplier of feed for salmon and trout farms, from...

Nordic Tankers buys $21m stainless chemship

COPENHAGEN: Nordic Tankers has purchased a 10-year-old stainless steel chemical tanker from Singapore’s Quantum Pacific Shipping for $21m. The Japan-built...

Danish Maritime Fair 2015, over 180 companies attends the fair

COPENHAGEN: Danish Maritime Fair, the new international maritime exhibition on Danish ground was arranged for the first time in 2014,...

Germany’s Mann + Hummel buys US peer for $1.3-1.4b

BERLIN: German car parts maker Mann + Hummel is buying U.S. firm Affinia's auto filter unit for $1.3-1.4 billion, a...

Maverick’s partnership with technologies Inc to bring 84” and 42” smart kapp digital capture