Khan quits Emirates Shipping
by
Jim Wilson
—
last modified
May 08, 2009 02:27 PM
TAIWAN’S TS Lines has teamed up with Emirates Shipping Line in a move that saw TS Lines founder TS Chen take over as chairman of Emirates from Vikas Khan, who resigned from the carrier last week.
In an internal announcement to all Emirates Shipping offices and agencies, Mr Khan said: “The severity of the downturn in the past several months made it too capital intensive for me to retain executive control. I am now resigning from the board of Emirates Shipping.”
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