'Stay cautious' warning to carriers after suspected drone attack on box ship
Israel-linked ships are facing heightened risks on the Red Sea as targets for Iran-linked factions, ...
CMA CGM has appointed Rodolphe Saadé as chief executive, replacing his father, Jacques, who will stay on as chairman.
Rodolphe Saadé joined the company founded by his father in 1994, having previously set up a company selling water coolers in Middle East. Initial placements included New York and Hong Kong, before returning to the head office in Marseille in 1997 to head up a line linking northern China with Japan.
In 2009 he took responsibility for financial restructuring during the uncertainty that proceeded the financial crisis, and last June he spearheaded the purchase of Singapore-based Neptune Orient Lines, in a reported $3.3bn deal.
Mr Saadé senior said his son had proven himself over the years.
“I know that, with Rodolphe as chief executive, with Farid Salem and Tanya Saadé Zeenny, our executive officers, and all our teams around the world, the group will continue its development with the same commitment and passion,” he added.
More shipping lines set to plunge into losses in Q4
Shock as new Asia-N Europe FAK rate dwarfs weak spot market
DSV, Kuehne, Mærsk & DHL – only one model rocks in the down cycle
A SAF future could be being built on an uncertain foundation
SME forwarders in a 'very good mood' and getting into M&A mode
Diageo goes green with appointment of sustainable freight innovator Zeus for new HVO trial
OP: ESG moment of truth turns tables for Big Oil
Is it the end of days for the global automotive supply chain?
MSC slaps bumper surcharge on boxes through restricted Panama Canal
News Podcast | Nov 2023 | TIACA controversy, peak season and what next for air cargo
Carriers try for more GRIs on Asia-Europe, eyeing Thanksgiving positives
'Stay cautious' warning to carriers after suspected drone attack on box ship
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