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

People & Company News

Costa Concordia: Operations to Tow the Wreck Begin

Maneouvres began early on Wednesday to remove the rusty hulk of the Costa Concordia cruise liner from the Italian island where it struck rocks and capsized two years ago, killing 32 people.

Thai Resort Owners Sue State Owned Company for Oil Spill

Business owners on Koh Samet island are suing a state-owned petroleum enterprise for the oil spill that polluted the resort island's beaches last year. More than 50,

Bahrain US$35-M Land Reclamation Contract for GLDD

Provider of dredging services in the United States and a major provider of environmental & remediation services, Great Lakes Dredge & Dock Corporation (GLDD) says

People in the News

Costa Concordia: Operations to Tow the Wreck Begin

Maneouvres began early on Wednesday to remove the rusty hulk of the Costa Concordia cruise liner from the Italian island where it struck rocks and capsized two years ago, killing 32 people.

SIA to Honor Honeywell's Gordon Hope

The Security Industry Association (SIA) says it has chosen Gordon Hope, general manager of Honeywell's AlarmNet communications network, as the 2014 recipient of the George R.

Sanjam Gupta helps Launch WISTA in Sri Lanka

Within two years of the launch in India in 2012, the Women’s International Shipping and Trading Association (better known as WISTA), Ms. Sanjam  Sahi  Gupta,

 
 
Maritime Careers / Shipboard Positions Maritime Contracts Maritime Security Offshore Oil Pod Propulsion Port Authority Salvage Ship Electronics Ship Simulators 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: 0.1632 sec (6 req/sec)