DHL Express appoints Markus Reckling as the new chief executive for Germany, while Mitsui O.S.K. Line (MOL) names chief country representative in Turkey.
However, the Northwest Seaport Alliance said it may see lower cargo volumes for February, and volumes with Alaska are expected to decline for the full year of 2017 due to soft market conditions.
The Greek port’s box volumes declined in 2016 from a year prior amid increased volumes at the car terminal, while revenues ticked up 3.6 percent.
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Gene Seroka, executive director at the Port of Los Angeles, said 2016 was an “epic” year, and in 2017, the port will focus on improvements in process management, information technology and land use.
Hyundai Merchant Marine said it expects to receive funding from a new South Korean government shipping entity, which will buy and charter back vessels to the shipping company.
Yang Ming responded by saying it has unwavering support of Taiwan’s government and has "proactively reorganized internally to effectively reduce its operating costs."