World News
MSC's Soren Toft Appointed New Chair of World Shipping Council
Container industry body the World Shipping Council has appointed a new chair and vice chair of its board.
MSC CEO Soren Toft has been appointed as the new chair, starting a two-year term immediately, the organisation said in an emailed statement on Friday.
Randy Chen, vice chairman of Wan Hai Lines, has been appointed vice chair.
The former chair was Hapag-Lloyd CEO Rolf Habben Jansen and the vice chair ONE CEO Jeremy Nixon. Both had served in the role for two terms since November 2020.
"WSC is today a respected voice of liner shipping, engaging with governments and organisations globally," Toft said in the statement.
"An ever-changing world presents both challenges and opportunities for our industry as we head into the future, and I am eager to further advance our work to shape the future growth of a socially responsible, environmentally sustainable, safe and secure shipping industry."
Key Bunker Prices More
| VLSFO | MGO | |||
|---|---|---|---|---|
| $/mt | +/- | $/mt | +/- | |
| Singapore | 548.00 | 0.50 | 677.50 | 2.00 |
| Rotterdam | 513.00 | 0.50 | 649.00 | 3.00 |
| Houston | 544.50 | 2.50 | 675.00 | 4.00 |
| Fujairah | 541.50 | 2.50 | 744.00 | 3.50 |
| Global 20 Ports Average | 572.00 | 2.50 | 758.00 | 2.50 |
| Global 4 Ports Average | 536.50 | 1.50 | 686.50 | 3.00 |
| Global Average Bunker Price | 624.00 | 2.50 | 801.00 | 3.50 |
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