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Cosco establishes shipping fund with Chinese partner

Shipping group Cosco has established a new fund along with a partner, which is controlled by the Chinese government. The goal is to invest broadly in shipping, reports industry media.

Photo: AP/Polfoto/Arkiv

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Snabe criticized for board positions beyond Maersk

Jim Hagemann Snabe has too many activities beyond serving as chairman of A.P. Moeller-Maersk, says major Norwegian investor KLP, and the company thus refrained from voting for Snabe at the recent Maersk general assembly. Read here how other shareholders stand on the Maersk chairman's various board postings.

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