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Diego Aponte got his preferred CEO with the hiring of Søren Toft

Ex-Maersk COO Søren Toft and MSC Chief Executive Diego Aponte know each other very well from the many meetings in Geneva and Copenhagen where the 2M partnership has been coordinated. Several sources say that Toft has for a long time been Aponte's favorite. Read on to learn why.

Last week's top stories on ShippingWatch

Hafnia and CEO Mikael Skov had to dial down expectations ahead of IPO but reached its target for sale of shares ahead of thelisting. Former BW chief executive Tina Revsbech landed a new top job within shipping, and Thorco Projects is once again positive, in a week in which several companies presented financial figures.

Maersk announces sulfur surcharge on short-term contracts

Maersk just informed its customers of the size of its sulfur surcharges on contracts lasting up to three months, after the company calculated the difference between high- and low-sulfur fuel. See the price of the surcharges on five main routes.

DSV expects operating profit of nearly USD 1 billion for 2019

DSV expects its operating profit for the entire year 2019 to come to USD 986 million after its acquisition of Swiss Panalpina earlier this year. The logistics group also slightly raises its expectation for synergistic effects, according to its interim report.

Analysts say DSV could redivest one part of Panalpina

DSV's acquisition Panalpina transports a lot of perishable goods, and this business could be harder to make money from than regular container freight. Could DSV opt to divest the business again? Three analysts give their assessments prior to DSV's interim report on Friday.

Hapag-Lloyd wants to clear up misunderstanding about 2020

Hapag-Lloyd is trying to eradicate a common misunderstanding among its customers that the extra fuel cost will not be imposed until the turn of the year. "That's not how it works," the shipping company's managing director of fleet management tells ShippingWatch. (Corrected).

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