16/12/2013at 15:31

Two shipping execs sentenced to death in Vietnam

A former Chairman and a former CEO of Vietnam's state-owned shipping company Vinalines have been sentenced to death for embezzlement and mismanaging state funds.

BY OLE ANDERSEN

Two former senior executives of Vietnam's state-owned shipping company Vinalines were sentenced to death at a Hanoi court on Monday for charges relating to extensive embezzlement. An unusually harsh punishment in the Communist country where senior officials are seldom persecuted, says Reuters.

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Two shipping execs sentenced to death in Vietnam

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Front page now

DSV sees one advantage of downturn: It will be cheaper to buy competitors

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Euronav retains substantial dividend due to merger strife

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