Maersk 'disappointed' with China's rejection of an industry alliance
19 June 2014 Last updated at 02:14 BST
Plans for a new international shipping alliance to cut costs have been rejected by China.
Already approved by the US and the EU, the so-called "P3 Network" was meant to operate in a similar way to code-sharing deals between airlines.
It would have allowed the world's top three container-shipping operators to share vessels and port facilities, with plans for about 250 ships to participate.
But China's Ministry of Commerce has rejected the tie up.
One of the shipping companies behind the plan is Maersk Line from Denmark. Its Asia Pacific CEO Thomas Knudsen told the BBC's Rico Hizon that the company was "disappointed" but that it would respect China's decision. http://www.bbc.co.uk/news/business-27916398 http://www.ship2shore.it/en/ports/will-politics-interfere-with-the-maersk-project-in-vado-ligure_47739.htm
Environmental
Tanker spied from space polluting seas off Cornwall
By tobymeyjes | Posted: October 05, 2013
One of the biggest shipping companies in the world has been prosecuted for dumping waste in Cornish waters after being captured on satellite, in what has been called a landmark case in the battle against the pollution of the seas.
A Singaporean-registered Maersk Group tanker was found guilty and fined £22,500 yesterday for dumping a mixture of palm oil and tank cleaning fluid within 12 miles of Land’s End last year - leaving a slick 20 miles long.
The unique trial at Truro Magistrates Court has been highlighted as the first time satellite footage has been used by the Maritime and Coastguard Agency in the prosecution of a company for dumping waste illegally in the UK.
The agency, which is responsible for protecting the nation’s shoreline, had previously been reliant on eyewitness accounts from passing planes and ships for its prosecutions and said the use of satellite was a new “weapon” in their “armoury”.
The news is expected