Hints and tips:
...Wallenius Wilhelmsen, the world’s biggest operator of car-carrying ships, has reported record annual profits as growing exports of Chinese electric vehicles helped drive demand....
...Lasse Kristoffersen, chief executive of Oslo-based Wallenius Wilhelmsen, and Georg Whist, CEO of Gram Car Carriers, were speaking after continued attacks in the Red Sea last week prompted two leading Japanese...
...Logistics accounted for roughly 45 per cent of CMA CGM’s revenues, Saadé said, although the group is yet to close its €5bn acquisition of the logistics business of French billionaire Vincent Bolloré....
...Wallenius Wilhelmsen said on Tuesday that it expected a decision to reroute vessels around Africa to add between one to two weeks to voyage durations....
...Esri was highly interested in him and Wallenius Wilhelmsen Logistics had given him an offer. “I was earning about $80,000 in finance before my MBA....
...Logistics companies such as railways are trying to gauge whether the expansion will ultimately greatly increase direct shipments to the eastern US....
...It may prove painful but most expect to find a way to handle heavy flows between Asia and Europe and back as well....
...However, Kai Kraass, chief operating officer for Wallenius Wilhelmsen, the largest European-based fleet operator, said that the Chinese surge had for the first time created more demand to shift items from...
...Sweden’s Wallenius Lines, Wilh. Wilhelmsen’s co-investor in Wallenius Wilhelmsen and Eukor – is privately held, as is Norway’s Höegh Autoliners....
...Some ports have run out of storage space as recently imported cars or vehicles awaiting export sit unsold following the sudden fall in demand....
...Such steps are likely to allow all the main operators – Korea’s Eukor and Japan’s Mol and K Line as well as Wallenius Wilhelmsen, NYK Line and Höegh – to survive, one specialist shipbroker says....
...However, Arild Iversen, who takes over on April 1 as chief executive of Wallenius Wilhelmsen, the Swedish-Norwegian joint venture which is number two in the market, says current circumstances can present...
...From retail to shipping, laws and regulations are changing the compliance burden in areas such as health, environment and security....
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