Hapag-Lloyd Expands

Tuesday, January 10, 2006
In line with its integration of CP Ships, Hapag-Lloyd is enlarging its globally standardized organization from three to five regions. The management will also be expanded accordingly with the inclusion of CP Ships executives Juan Manuel Gonzalez, Glenn Hards and Alan Boylan, all of whom will become members of the executive body of Hapag-Lloyd Container Line (Excom). Hapag-Lloyd, based in Hamburg, currently manages its business from three region headquarters: Hamburg (for Europe), Singapore (for Asia and Australasia) and New York (for America). After acquiring CP Ships at the end of last year, Hapag-Lloyd is now setting up two new regions: "South Europe," based in Genoa, and "Latin America," based in Tampa, Florida. Glenn Hards, as executive vice president Operations at CP Ships, will be responsible for the ship and container fleet and serve as managing director of Hapag-Lloyd Container Line heading the Region South Europe. Region Latin America will be headed by Juan Manuel Gonzalez, the executive vice president Commercial at CP Ships who is also responsible for Asia and Australia. Alan Boylan, executive vice president Commercial at CP Ships for the Atlantic trades, will also be in charge of all aspects of the integration of CP Ships into Hapag-Lloyd as integration chief executive.

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