ShippingWatch

Did APM Terminals' HQ sanction Pipavav deals?

How much did the compliance division in the Hague know about the deals that led to the dramatic dismissal of three senior executives at APM Terminals. ShippingWatch's sources inform that the Hague had cleared the deals in the Indian port Pipavav.

Photo: APM Terminals

When APM Terminals last week decided to dismiss three senior executives, the way the events unfolded were unusually dramatic, several sources tell ShippingWatch while also confirming that seedy developments in the company's Indian business resulted in the dismissals.

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