High Shipping Costs Are Here to Stay, Says Bloomberg
By Henry Ren (Bloomberg) Stubbornly high shipping expenses for businesses are getting sealed into contracts for the next 12 months, forcing companies to pass the extra costs on to consumers....
According to a article released by the Associated Press, Carnival Cruise lines has been awarded $24 million as the result of lawsuit against Rolls Royce, claiming a faulty propulsion system that Rolls Royce had installed aboard the Queen Mary 2.
The verdict came Wednesday after a two-week federal trial in a Miami court room where Carnival contended that the Mermaid propulsion system installed by Rolls Royals was defective, suffered breakdowns and had to be serviced more often than advertised.
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