Price war as carriers compete for cargo driving down container spot rates
Container spot freight rates on the major east-west liner trades experienced another week of decline, ...
China United Lines yesterday appointed former Hapag-Lloyd executive Lars Christiansen as co-CEO as it expands its international service portfolio.
Mr Christiansen will oversee CULines’ daily operations alongside co-CEO Raymond Chen.
Mr Christiansen is a veteran of the container shipping sector, having been at Maersk Line for 20 years before moving to Swedish furniture maker Ikea, where he was director for Europe transport and logistics.
From 2006 to 2017, Mr Christiansen worked for United Arab Shipping Company (now part of Hapag-Lloyd), where he was ...
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