Nico Peters appointed Tailwind Shipping's new VP, liner management
German retail giant Lidl’s in-house container shipping operation, Tailwind Shipping Lines, has named Nico Peters ...
TFII: SOLID AS USUALMAERSK: WEAKENINGF: FALLING OFF A CLIFFAAPL: 'BOTTLENECK IN MAINLAND CHINA'AAPL: CHINA TRENDSDHL: GROWTH CAPEXR: ANOTHER SOLID DELIVERYMFT: HERE COMES THE FALLDSV: LOOK AT SCHENKER PERFORMANCEUPS: A WAVE OF DOWNGRADES DSV: BARGAIN BINKNX: EARNINGS OUTODFL: RISING AND FALLING AND THEN RISING
TFII: SOLID AS USUALMAERSK: WEAKENINGF: FALLING OFF A CLIFFAAPL: 'BOTTLENECK IN MAINLAND CHINA'AAPL: CHINA TRENDSDHL: GROWTH CAPEXR: ANOTHER SOLID DELIVERYMFT: HERE COMES THE FALLDSV: LOOK AT SCHENKER PERFORMANCEUPS: A WAVE OF DOWNGRADES DSV: BARGAIN BINKNX: EARNINGS OUTODFL: RISING AND FALLING AND THEN RISING
A short article about Captain Wei Jiafu, the man whose vision, drive and ambition took Chinese shipping line Cosco into the premier league of global shipowners. The recession has not been kind to Cosco – overcapacity, weak demand and marginal freight rates have led to heavy losses in its container shipping division; while things are twice as bad for its dry bulk business. With the prospect of a possible de-listing from the Shanghai bourse mounting, shareholders are beginning to call for his head.
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