Marine Link
Thursday, December 8, 2016

Safmarine MD, Safren CEO Step Down

June 18, 1999

South Africa's Safmarine Container Lines reported that its Managing Director and Safren Chief Executive Tony Farr had stepped down. Moeller, which owns the world's leading container shipping company Maersk, acquired Safmarine's container shipping assets in February for $240 million cash plus the assumption of $115 million debts.


 
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