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‘Mutuality works, provided it continues to adapt and modernise. When your business is owned by the insureds, you learn a great deal about what makes them tick,’ says sector leader as he contemplates semi-retirement
An awards ceremony to celebrate the extraordinary efforts of companies and individuals in shipping during the pandemic has recognised the creation of the Seafarers International Relief Fund and the heroics of individual masters and crew
The gender pay gap may also widen this year due to the coronavirus pandemic, with job losses in support or administrative roles predominantly served by women, after a year of improvement
‘This time is absolutely different. It has pushed minor carriers to digitalise and we’ve never seen that before … The desire to digitise is there from every part of the supply chain,’ says essDOCS chief executive Alexander Goulandris
After a successful funding round, Xeneta is expanding its analytical powers. Former BIMCO stalwart will take up chief analyst role
Having the proposal passed by the board of state-owned Yang Ming is expected to be difficult. This is because of the upper limit of bonus set by the government, despite record high net profits earned by the company
Per Lange, who has been head of the Denmark-based company for the past 11 years, steps down in the new year and will be replaced by Per von Appen
The two parties have agreed on a 7.9% wage increase alongside a bonus equivalent to 650% of the workers’ monthly paycheck
‘We believe that this combination will result in a stronger, more resilient entity, mitigating sector specific cyclicality,’ said Angeliki Frangou. She will lead a combined company operating 15 vessel types diversified across three segments, servicing more than 10 end markets
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