Nikolaus Schues named as Sabrina Chao's successor at Bimco

Nikolaus Schues is poised to become the first German shipowner to head shipping body Bimco in more than a decade.

Schues will take over as president of the world's largest shipping organisation in 2023.

It follows a recent Zoom meeting in which the Bimco board nominated Schues as the organisation's new president designate.

Schues is expected to take on the new role next spring when the present incumbent, Wah Kwong Maritime Transport's Sabrina Chao, steps up to the role of Bimco president.