Manuel Delgado steps up as MD of APMT's T4 terminal in Buenos Aires
APM Terminals has promoted Manuel Delgado (above) as the new MD of its T4 terminal ...
One of the first liner shipping bosses to fall on his sword, Hanjin chief executive Kim Young Min has resigned following two successive years of financial losses combined with a failure to restructure the company’s debt. Last month, sister company Korean Air had to lend the container shipping line an emergency $141m to cover a “liquidity shortfall”, and its stock price has fallen 43% this year. Appointed in January 2009, Mr Kim’s contract originally ran until 2015, although he will remain in his position until a replacement is found.
Urgent call for breakdown of cargo onboard as General Average declared on Dali
MSC Aries now bound for Iran, and crisis will be 'a catalyst for higher rates'
Iranian troops seize MSC box ship while Somali pirates net $5m ransom for bulker
Flexport is 'back on track' – now it needs to start growing again
Resurgence of Somali pirates creates another 'danger zone' for shipping
'Slow season' and ocean network stabilisation easing pressure on rates
Bottlenecks and price hikes as airlines now avoid Iran airspace
Alex Lennane
email: [email protected]
mobile: +44 7879 334 389
During August 2023, please contact
Alex Whiteman
email: [email protected]
Alessandro Pasetti
email: [email protected]
mobile: +44 7402 255 512
Comment on this article