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Tag Archives: Family shipping

Shipping heir Thomas Wilhelmsen rejects buyout offers from cousins

Thomas Wilhelmsen, CEO of Wilhelmsen Group.

PortandTerminal.com, September 20, 2020 OSLO, NORWAY – Last week, Norwegian daily Dagens Næringsliv reported that cousins and aunts from three branches of the Wilhelmsen family had offered NOK1bn ($353m) to try and get the current head of the family-run shipping group, Thomas Wilhelmsen, to step down from all his roles at the diverse conglomerate. Wilhelmsen took the reins at the family’s holding …

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House Panel Probing Transportation Secretary Chao’s Ties to Family Shipping Business

Elaine Chao

September 16, 2019 by Bloomberg By Ryan Beene (Bloomberg) –The House Oversight committee is investigating whether Transportation Secretary Elaine Chao used her office to improperly benefit a shipping company owned and controlled by her family, the panel disclosed in a letter to Chao on Monday. The panel asked Chao to provide it with documents and information for the probe, including communications between …

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