CMA CGM subsidiary appoints new CEO

Lars Kastrup is appointed as new Chief Executive of the Singapore-based CMA CGM-owned container carrier APL.

Lars Kastrup is appointed as new Chief Executive Officer of liner company APL, owned by French CMA CGM, reports Seatrade Maritime News.

Kastrup comes from a position as Senior Vice President of CMA CGM's Group Assets, which includes terminals, ships and containers. He replaces Nicholas Sartini, who will henceforth serve as deputy CEO for Swiss CEVA logistics, of which CMA CGM owns a stake and which has been an acquisition target for Danish DSV.

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