LAST WEEK'S TOP STORIES ON FTW ONLINE

AP Moller to move money out of Maersk Line AP Moller-Maersk is to switch its investment focus from shipping to its oil, drilling rig and ports operations business, according to Lloyds Loading List. ‘Good reasons for some optimism in 2013’ – economist While many believe that the South African economy is on its way to stagnation if not eventually recession, FNB chief economist Cees Bruggemans believes that may be going too far. Massive bust of cocaine bound for Mozambique The Malaysian police have seized 76 kilograms of cocaine that was allegedly on its way to Mozambique, reports news agency, AIM. Changes for marine insurance company Transit Underwriting Managers has announced its intention to extend its current Goods in Transit offering to a more comprehensive and wider Transit and Marine product offering by partnering with its sister company Cargo Transit Insurance Underwriting Managers (CTI). Cosatu slams ANC ’s e-toll ‘sham’ Cosatu has criticised the ANC’s alleged intention to push the e-toll bill through Parliament without sufficient public consultation, The Star reported on Wednesday.