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  • SINGAPORE, Aug 13- The deadly explosions in the northeast Chinese port city of Tianjin have disrupted chemical and oil tankers going in and coming out of the port, trading and shipping sources said on Thursday. Two huge explosions tore through an industrial area where toxic chemicals and gas were stored in Tianjin, killing at least 44 people and injuring...

  • PARIS, July 3- French media group Vivendi pushed out Canal Plus chief Rodolphe Belmer amid controversy about the future of the pay-TV channel and its prominent satirical puppet show "Les Guignols". Canal Plus parent company Vivendi said in a statement on Friday it had named Canal Plus head of pay-TV Maxime Saada as new Canal Plus chief executive and appointed...

  • SHANGHAI/ TIANJIN/ SINGAPORE, June 10- A subsidiary of China's Tianjin port said some iron ore stored in a private warehouse had been illegally released by an undisclosed agent and trading firm. Oversight of China's ports has been under scrutiny since a scandal last year at Qingdao port involving commodity financing where a private trading firm is alleged to...

  • Hong Kong- based HK Nicaragua Canal Development Investment Co Ltd, which is controlled by Wang Jing, a Chinese telecom mogul well connected to China's political elite, owns the concession to build and operate the canal. After a chiefly symbolic groundbreaking ceremony in Managua last year, from which members of the international media were barred, Wang Jing...

  • LOS ANGELES, May 22- Union dockworkers at all 29 U.S. West Coast ports have voted overwhelmingly to ratify a contract agreement reached in February with shipping companies and terminal operators to end months of labor strife that snarled trans-Pacific trade. Members of the International Longshore and Warehouse Union voted 82 percent in favor of the new...

  • California port truckers end strike after four days Friday, 1 May 2015 | 5:36 PM ET

    LOS ANGELES, May 1- Southern California port truckers seeking recognition as employees rather than contractors ended a strike of freight-hauling companies on Friday after four days of picketing that drew attention to their cause but did little to disrupt cargo shipments. Several hundred drivers, backed by the Teamsters union, struck four trucking firms...

  • LA ports police chief indicted on corruption charges Thursday, 30 Apr 2015 | 9:02 PM ET

    The chief of police for the port of Los Angeles was indicted on federal corruption charges involving a citizen reporting program, U.S. authorities said.

  • LOS ANGELES, April 29- Striking port truckers seeking recognition as employees rather than as independent contractors for their companies picketed a rail yard on Wednesday as they called again on the mayors of Los Angeles and Long Beach to weigh in on drivers' behalf. The four companies- Pacific 9 Transportation, Intermodal Bridge Transport, Pacer Cartage, and...

  • LOS ANGELES, April 27- Tractor-trailer drivers who haul freight from the ports of Los Angeles and Long Beach went on strike against four trucking firms on Monday, demanding recognition as employees rather than contractors in a move reviving labor tension around the country's busiest cargo hub. Delegations of drivers notified the companies of their intent to...

  • LOS ANGELES, April 27- Tractor-trailer drivers who haul freight from the ports of Los Angeles and Long Beach went on strike on Monday against four trucking companies, a Teamster union official said, in a move that could revive labor tension at the nation's busiest cargo hub. Delegations of drivers notified the companies of their intent to strike at 6 a.m. Pacific...

  • LOS ANGELES, April 27- Truckers who haul freight from the ports of Los Angeles and Long Beach will go on strike against four ground-shipment companies on Monday, a Teamsters union official said, in a move that could revive labor tension at the nation's busiest cargo hub. Delegations of drivers planned to notify the companies of their intent to strike at 6 a.m....

  • LOS ANGELES, April 24- Truckers who haul freight from the ports of Los Angeles and Long Beach will vote on Saturday whether to go on strike, organizers said, in a move that could revive labor tensions at the nation's busiest cargo hub as it recovers from a crippling dockworkers dispute. Picket lines could go up as early as Monday at various terminal yards, rail yards...

  • SAN FRANCISCO, April 17- Conservation groups filed a lawsuit against California on Friday, saying the state did not adequately consider environmental factors when it approved a 30- year lease last month for a marine terminal at Tesoro Corp's refinery near San Francisco Bay. The Center for Biological Diversity and Communities for a Better Environment said...

  • LOS ANGELES, April 1- Cargo congestion at the two busiest U.S. container ports has eased considerably in the six weeks since West Coast dockworkers and shippers reached a tentative labor deal, but port officials said it would take several more weeks for freight traffic to return to normal. The most obvious sign of improved cargo flow through the ports of Los...

  • SINGAPORE, April 1- A backlog of over 30 oil tankers has built up outside the Iraqi port of Basra and shippers face lengthy delays of up to three weeks to load oil because of bad weather and possible oil quality issues, shipping industry sources said. The problems could delay or limit the number of oil export cargoes from Basra in April, potentially pushing down...

  • MOSCOW, March 16- Russia's Global Ports will scrap its dividend due to the economic turmoil that has crippled the freight market in Russia, the London- listed ports operator said on Monday. The company fell to a net loss last year as a drop of more than 40 percent in the rouble led to foreign exchange losses on its dollar-denominated debt and squeezed Russia's...

  • MOSCOW, March 16- Russia's Global Ports will scrap dividends and consider selling additional shares, the London- listed ports operator said on Monday, reflecting economic turmoil that has crippled the freight market in Russia. The company fell to a net loss last year as a fall of more than 40 percent in the rouble led to foreign exchange losses on its...

  • MOSCOW, March 16- Russia's Global Ports will scrap dividends and look to sell additional shares, the London- listed ports operator said on Monday, reflecting economic turmoil that has crippled the freight market in Russia. The company fell to a net loss last year as a fall of more than 40 percent in the rouble led to foreign exchange losses on its...

  • When West Coast docks will catch up: Port boss Monday, 23 Feb 2015 | 9:19 AM ET
    A container ship is docked at the ports of Los Angeles and Long Beach, Calif., in this aerial photo taken Feb. 6, 2015.

    Congestion at 29 ports following a months-long labor dispute has reached "epic proportions," the Port of Long Beach CEO tells CNBC.

  • West Coast ports, union reach tentative labor deal Saturday, 21 Feb 2015 | 1:56 AM ET
    Container ships sit docked in a berth at the Port of Oakland on February 17, 2015 in Oakland, California.

    Shipping companies and terminal operators clinched a tentative deal with the dockworkers union, settling a labor dispute causing months of backups at 29 U.S. ports.