Hamburg-Sued chairman to retire

Dr. Klaus Meves, Chairman of the Board, Hamburg-Sued, will retire at the end of the year.

The American Shipper reports replacement will be Dr. Ottmar Ghast. Well, the American Shipper doesn't refer to either of these gentlemen as "Dr.", but I happen to know they are.

The article states no reason was given for the retirement. I am quite certain Dr. Meves is 65, which has been the required age of retirement for the Chairman of Hamburg-Sued.

Let's wait and see if there is some more shuffling amongst the ranks of Hamburg-Sued.