DHL Express appoints Markus Reckling as the new chief executive for Germany, while Mitsui O.S.K. Line (MOL) names chief country representative in Turkey.
However, the Northwest Seaport Alliance said it may see lower cargo volumes for February, and volumes with Alaska are expected to decline for the full year of 2017 due to soft market conditions.
The Greek port’s box volumes declined in 2016 from a year prior amid increased volumes at the car terminal, while revenues ticked up 3.6 percent.
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Hyundai Merchant Marine said it expects to receive funding from a new South Korean government shipping entity, which will buy and charter back vessels to the shipping company.
A fire broke out in the engine room of the Alliance St. Louis on early Monday morning in the Gulf of Mexico.
Drewry’s investment research arm said it believes CMA CGM of France is best positioned among the major carriers to be a perfect suitor for Orient Overseas (International) Limited, the parent company of Hong Kong-Based OOCL.