Kai Kraass News

Two former and one current executive of the shipping company Wallenius Wilhelmsen Logistics AS (WWL) have been indicted on charges of fixing the prices of some international ocean shipping, the U.S. Justice Department said on Tuesday. Former executives Arild Iversen and Anders Boman were indicted in November 2016 along with current executive Kai Kraass, the department said. The indictment was unsealed on Tuesday. Iversen is a former WWL chief executive, Boman was head of the Asian business for WWL and Kraass was Head of Commercial, Region Europe, according to the complaint filed with the U.S.

Wallenius Wilhelmsen Logistics, a global shipping and logistics company, has become the first shipping company to receive formal 3rd party verification of its inventory processes for green house gas emissions. “Guided by our future vision of a zero-emissions supply chain, WWL has adopted rigorous emissions inventory processes based upon the Green House Gas (GHG) Protocol. This will enable us to better manage and reduce carbon emissions and related costs from our customers’ global supply chains,” explained Kai Kraass, COO of Ocean Services at Wallenius Wilhelmsen Logistics. Wallenius Wilhelmsen Logistics contracted Det Norske Veritas AS (DNV)…