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....
...operators — NYK Line and K Line — to suspend sailings via the Suez Canal....
...Lasse Kristoffersen, chief executive of Wallenius Wilhelmsen, operator of the largest fleet of car-carrying ships, said his company’s vessels had also sped up....
...Hapag-Lloyd, Germany’s biggest container line, said on Friday it was not looking at the possibility of using military escorts to return to the Red Sea route....
...Losing this source overnight will lead to strain on overall global crew supply,” said Carl Schou, chief executive of Wilhelmsen Ship Management, one of the world’s largest ship managers....
...(Taiwan) John Kirkland Chief Executive and Owner, Independent Container Line (ICL) Hitoshi Nagasawa President, Nippon Yusen Kaisha (NYK) Erik Noeklebye COO Shipping Services, Wallenius Wilhelmsen Søren Toft...
...Shares worth $127m were also sold by Royal Caribbean Cruises director Arne Alexander Wilhelmsen, whose late father Arne Wilhelmsen co-founded the group....
...John Lyras, a member of one of Greece’s most prominent shipowning families, told a conference last year that he was sceptical of the benefits of such targets....
...That valued Chung Eui-sun’s stake — now diluted to 32 per cent by the public listing and a prior Won85bn sale to Norwegian group Wilh Wilhelmsen — at roughly Won1tn....
...Behind the concrete towers under construction, a vessel from Wallenius Wilhelmsen, the Scandinavian joint venture that operates the world’s largest car-carrier fleet, is lining up to cross the locks from...
...A number of container shipping lines were still planning substantial growth in a market where most lines were losing money heavily....
...His wife Emma, after whom Maersk Line’s largest ship was named, died in 2005....
...There was opposition to the potential sale in Hamburg because of the expected negative effect of the move of the company’s headquarters from Hamburg on northern Germany’s important shipowning and ship finance...
...German KG funds own 1,700 ships, many of them container ships leased to Denmark’s Maersk Line, Switzerland’s Mediterranean Shipping Company or other big lines....
...The plunge in volumes following the financial crisis led many of the six big operators – NYK Line, K Line and Mitsui OSK, Korea’s Eukor and Norway’s Wallenius Wilhelmsen and Höegh Autoliners – to shed capacity...
...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...
...Wilhelmsen, co-owner of one of the world’s largest car-carrier operators, made a provision of $208m for the back taxes....
...The large Japanese operators – NYK Line, K Line and Mol – are all broadly based shipping conglomerates. Sweden’s Wallenius Lines, Wilh....
...Whatever support is forthcoming, the region’s powerful shipowning tradition and expertise will keep the sector alive in some form....
...Potential investors include Qatar’s sovereign wealth fund and a consortium of Louis Dreyfus, the French shipowning company, and Goldman Sachs, the investment bank....
...Korea’s two main container lines – Hanjin and Hyundai Merchant Marine – have raised funds by selling ships to a specially created state shipowning fund....
...Germany’s specialist container ship owners control about a third of the world’s container ships, meaning the crisis is affecting Germany more severely than any other shipowning country....
...They appear to be betting that the Ofer family – which has substantial shipowning interests outside the Israel Corporation – will feel obliged to rescue Zim....
...However, shipowning and management still weighs heavily on its results in a way only a private company could tolerate....
...Despite his respect for history, when Mr Harris arrived from P&O, where he ran the cruise division, in 2002 he introduced radical change to what was essentially a shipping line....
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