Carriers battle for market share as demand falls and alliance shuffle looms
The shuffling of container shipping alliances in 2025 is prompting liner operators to fight for ...
GM: RAISING THE ROOF GGM: IN FULL THROTTLE GZIM: MAERSK BOOST KNIN: READ-ACROSSMAERSK: NOT ENOUGHMAERSK: GUIDANCE UPGRADEZIM: ROLLERCOASTERCAT: HEAVY DUTYMAERSK: CATCHING UP PG: DESTOCKING PATTERNSPG: HEALTH CHECKWTC: THE FALLGXO: DEFENSIVE FWRD: RALLYING ON TAKEOVER TALKODFL: STEADY YIELDVW: NEW MODEL NEEDEDWTC: TAKING PROFIT
GM: RAISING THE ROOF GGM: IN FULL THROTTLE GZIM: MAERSK BOOST KNIN: READ-ACROSSMAERSK: NOT ENOUGHMAERSK: GUIDANCE UPGRADEZIM: ROLLERCOASTERCAT: HEAVY DUTYMAERSK: CATCHING UP PG: DESTOCKING PATTERNSPG: HEALTH CHECKWTC: THE FALLGXO: DEFENSIVE FWRD: RALLYING ON TAKEOVER TALKODFL: STEADY YIELDVW: NEW MODEL NEEDEDWTC: TAKING PROFIT
One of the most senior Cosco executives has been expelled from the Chinese Communist Party, following his arrest for years of alleged corruption. Investigators are continuing their research into the activities of Xu Minjie during his period in charge of Cosco Pacific, the Hong Kong-headquartered terminal operating and container leasing arm of the state-owned giant, which he became head of 2007. Auditors have found “a series of violations” in the accounts of Cosco Pacific container leasing subsidiary Florens Container Services during his tenure. Mr Xu’s subsequent elevation to deputy general manager at Cosco Group in July 2011 was said to be supported by then chief executive Wei Jiafu on the basis for Mr Xu promoting Capt Wei’s daughter to lead Florens’ US operation.
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China’s Waste and the Largest Wealth Transfer in History |
September 26, 2016 at 11:54 am[…] as easily be documented for many other companies in China. (REF story on the CEO’s assistant: https://theloadstar.com/ex-cosco-executive-expelled-party-corruption […]