US investor takes 10% stake in tumbling Top Ships
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November 2019
Yemen’s Houthis Seize Vessel in Red Sea
Yemeni Houthi forces seized a “suspect vessel” in the Red Sea but will release it if it proves to belong to South Korea after legal procedures are completed, a senior Houthi official said on Monday.The official spoke after the Saudi-led military…
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Former Maersk COO Toft Joins MSC as CEO
Toft joins MSC after spending the past 25 years at Maersk.
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MSC Appoints Toft as CEO of Cargo Business
Swiss headquartered container shipping group MSC has appointed Soren Toft as the new chief executive officer of its cargo business from rival company A.P. Moller Maersk, an MSC spokesman said on Monday.A start date for Toft has yet to be determined…
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