LAST WEEK'S TOP STORIES ON FTW ONLINE

Maersk restructures senior management Maersk Line CFO, Peter Rønnest Andersen, will leave the Maersk Group on June 19 after 20 years with the company. Jakob Stausholm, who is currently chief of strategy and transformation, will assume responsibility for finance as well. Major carrier to withdraw capacity Mitsui OSK Lines president, Koichi Muto, yesterday announced plans for the scrapping or cold lay-up of 10-20 Capesize bulkers against a background of worsening market trends. The company scrapped four vessels and temporarily laid up 10 others last year. ‘Jo’burg second most visited city in Africa’ – survey Thirteen African cities, including Johannesburg, Durban, Cape Town, Maputo and Nairobi, have been ranked among the world’s most-visited cities in the latest MasterCard Global Destination Cities Index, according to Tourism Update. China export outlook shaky China’s exports may have picked up modestly in May due to seasonal volatility, but the outlook remains shaky as Europe struggles to cope with its debt crisis amid signs of US economic weakness, a Reuters poll showed. FedEx retiring 50 freighters from its aircraft fleet FedEx Corporation has retired 18 Airbus A310-200 and six Boeing MD10- 10 aircraft, as well as 43 jet engines, from its US Express fleet, reports Air cargo World. New air service to DRC A new service between Johannesburg and Kinshasa will take off on June 27. According to etnw, FlyCongo – previously Hewa Bora – resumed domestic flights in the DRC on March 19 this year, and is now starting operations to OR Tambo.