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Senior Vice President Lars Kastrup leaves CMA CGM

Lars Kastrup was actually about to leave CMA CGM in August last year, but he was then given a very concrete task, which has now been completed. The senior VP has now left the French container shipping line, ShippingWatch has learned.

Hapag-Lloyd follows Maersk: Increases bunker surcharge

Yet another of the world's biggest container shipping companies now introduces an extraordinary bunker surcharge following recent weeks' large price increases on low-sulfur fuels. This time it is German Hapag-Lloyd, ShippingWatch learns.

CCO resigns from Hamburg Süd

Frank Smet steps down as CCO of Maersk-owned container line Hamburg Süd and retires. Management colleague takes over his responsibilities.

ONE preparing an expansion of its fleet of mega-ships

Japanese container carrier ONE will soon launch its strategy for the coming years, having absorbed the bulk of synergies from the merger. New mega-vessels are already on the table, ONE tells ShippingWatch in an interview.

Kuehne + Nagel combines its regional offices in Singapore

Asia will be the driving force of the global economy in the coming years, according to Swiss Kuehne + Nagel. To secure a stronger position in the region, the logistics major combines its two organizations with thousands of employees in Singapore.

Starting date of RAL-Eimskip partnership is approaching

Greenlandic shipping company Royal Arctic Line has received its container newbuild that will play a central role in the carrier's upcoming collaboration with Eimskip. The partnership is expected to kick off in the second quarter.

THE Alliance unveils route network after admitting HMM

The partners of THE Alliance reveal how their route network is going to look once South Korea's HMM joins Hapag-Lloyd, Yang Ming and ONE in the alliance, and highlight that the new network will especially be strengthened in Southeast Asia.

Media: Late payments create problems for PIL

According to Lloyd's List, container shipping line PIL is behind on its bunker payments. Sources say that at least one supplier is considering arresting ships. A spokesperson form the shipping company denies financial problems.

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