Casjens to Leave Hapag-Lloyd Board

Wednesday, January 21, 2004
Günther Casjens, a member of the executive board of Hapag-Lloyd AG, is leaving the company at his own request with effect from March 1, 2004. "I greatly regret the decision, but must accept that Günther Casjens has other plans," stated Michael Behrendt, chairman of the executive board of Hapag-Lloyd AG, adding that he welcomed Mr Casjens' intention to remain linked with the company on an amicable basis. Günther Casjens joined Hapag-Lloyd AG in 1974 and has been a member of the executive board since 1990. He has played a major part in the success of Hapag-Lloyd Container Line, which owes its present positioning to its consistent restructuring strategy aimed at ensuring decentralized decision-making, as well as its modern and homogeneous fleet and comprehensive IT solutions. Mr Casjens is also one of the initiators of the Grand Alliance, the largest consortium in international liner shipping. Mr Casjens is to be succeeded on the executive board by Adolf Adrion, managing director of Hapag-Lloyd Container Line and a highly experienced shipping manager with a first-rate international reputation. Mr Adrion is, for instance, chairman of the Far Eastern Freight Conference (FEFC), one of the leading alliances in liner shipping. "I'm convinced that Adolf Adrion will continue Günther Casjens' successful work," concluded Behrendt.
Maritime Reporter March 2014 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

People & Company News

Schlumberger Announces Q1 Results

Schlumberger Limited (NYSE:SLB) today reported first-quarter 2014 revenue from continuing operations of $11.24 billion versus $11.91 billion in the fourth quarter of 2013, and $10.

Russia Ships First Oil From Offshore Arctic Platform

President Vladimir Putin hailed Russia's first shipment of Arctic offshore oil on Friday, saying the platform decried by environmentalists will help Moscow expand its global energy markets share.

Shipping Turns From Banks to Equity Markets for Cash

Shipping companies are turning to equity markets to fill a growing funding gap, betting that investors hungry for decent returns will provide capital to a sector

 
 
Maritime Security Maritime Standards Naval Architecture Pipelines Port Authority Salvage Ship Electronics Ship Simulators Sonar Winch
rss | archive | history | articles | privacy | contributors | top maritime news | about us | copyright | maritime magazines
maritime security news | shipbuilding news | maritime industry | shipping news | maritime reporting | workboats news | ship design | maritime business

Time taken: 0.1023 sec (10 req/sec)