China-US trade tariff pause could drive a rebound for transpacific rates
After the US and Chinese governments agreed to slash reciprocal tariffs, shipping lines are expecting ...
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K-Line’s shareholders may flex their muscles at the forthcoming AGM, adding to increasing pressure on the line’s chairman and president to step down.
Advisory group Institutional Shareholder Services (ISS) has for the past three years argued that the carrier has underperformed and, upon request for advice, has suggested to shareholders that president Yukikazi Myochin and chairman Eizo Murakami should not be re-elected at the 21 June meeting.
Hoewever, the carrier is fighting back, claiming that despite dire markets, its turnaround plan would bring a return to profit ...
Comment on this article
Justlikebrazil
June 11, 2019 at 9:14 amThe rollout of ONE was flawed from day one, massive mismanagement and still not up to speed in some countries. In any other industry, the Chief Exc would have been fired a long time ago. A clear out at the top is long overdue.