Maersk Group Appoint Divisional CEO's

MarineLink.com
Thursday, October 31, 2013
Morten Engelstoft: Photo credit Maersk

Morten Engelstoft has been appointed CEO of Services & Other Shipping in Maersk, as well as of Maersk Tankers to replace Hanne B. Sorensen who has been appointed CEO of Damco.

The four businesses in Services & Other Shipping (Damco, Maersk Tankers, Maersk Supply Service and Svitzer) will remain individual businesses with their own CEO’s reporting to Morten Engelstoft, who will report directly to Group CEO Nils S. Andersen.

“The Group is fortunate to have highly experienced leaders to choose from internally. This makes it possible for us to maintain momentum and keep focus on the business. Both Morten Engelstoft and Hanne B. Sorensen leave behind strong and dynamic organisations with talented teams well prepared for the future,” says Group CEO Nils S. Andersen adding:

“As COO of Maersk Line Morten Engelstoft has been a key driver in the turnaround and in the reduction in the global network cost, which has been an important part in creating the past five quarters of positive results in Maersk Line. His task will now be to realise the full potential of the four businesses in Services & Other Shipping and together with the businesses CEO’s define a plan for future growth. Hanne B. Sorensen has successfully repositioned Maersk Tankers, which now has a clear path for the future and she will bring organizational and market experience to Damco, which is in the midst of rolling out a global operational model - One Damco.”

 

Maritime Reporter November 2014 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

People & Company News

Madsen to Chair Norway’s Research Council Executive Board

Henrik O. Madsen appointed chairman of the executive board of the Research Council of Norway   DNV GL president and CEO Henrik O. Madsen was appointed as chairman

Port of Houston Expecting Record Year

The Port of Houston Authority is expecting 2014 to close as a banner year for the port, with 34 million tons of cargo handled through November, Executive Director

Hapag-Lloyd Completes CSAV Merger Capital Increase

Hapag-Lloyd completed the planned capital increase of EUR 370 million (approximately $452.5 million) as part of the business combination with the Chilean shipping

People in the News

Madsen to Chair Norway’s Research Council Executive Board

Henrik O. Madsen appointed chairman of the executive board of the Research Council of Norway   DNV GL president and CEO Henrik O. Madsen was appointed as chairman

Damen Shipyards Galati wins Dutch Romanian Award

Damen Shipyards Galati has been presented with the Dutch Romanian Business Award for its Corporate Social Responsibility plan, particularly the Group’s community investment initiatives.

Lowrance Renews Insight Genesis College Cup

Lowrance®, a world-leading brand in fishing electronics since 1957— announced today the renewal of its Insight Genesis™ College Cup. In its second year, the

 
 
Maritime Careers / Shipboard Positions Maritime Contracts Maritime Standards Pipelines Port Authority Ship Electronics Ship Repair Ship Simulators Sonar Winch
rss | archive | history | articles | privacy | terms and conditions | 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: 0.4688 sec (2 req/sec)