UASC Poised for Expansion, Appoints New Executives

Press Release
Monday, April 22, 2013
Umm Salal: Photo courtesy of UASC

The United Arab Shipping Company (UASC) announce two senior executive appointments to further position the company for its next phase of growth.

The company says its major transformation and investment program which is underway, calls for a new operating model to support the business. The appointments provide the depth and breadth to UASC’s Executive Management team to deliver on ambitious growth plans.

“UASC is preparing for significant changes on the back of new capacity coming into service with a major program of new vessel acquisition”, said Jorn Hinge, UASC President and CEO. “We are repositioning our offering to the market, recapitalizing our business and optimizing our trades. We are structuring our executive talent so that we can leverage their exceptional professional capabilities to deliver long-term value to our shareholders”.
In line with our ambitious growth plans, the UASC Board of Directors has decided to appoint Lars Christiansen as Chief Trade Officer of UASC and Uffe Østergaard as Chief Commercial Officer of UASC

Lars Christiansen, a 7-year UASC veteran, has broad based experience and was until his appointment the Vice President Asia Region, responsible for all UASC activities in Asia. He also spent 20 years with A.P. Moller-Maersk and has served as Management Consultant and as Transport Director with IKEA on their Global Transportation Management Team.

Uffe Østergaard joins UASC to take on the newly created role of Chief Commercial Officer. Uffe comes to the role with deep knowledge of container shipping having spent 20 years with A.P. Moller Maersk focusing on strategy, sales and marketing, and business development.

“We are setting ourselves on the right course to take on the challenges of the future”, adds Hinge. “These two appointments represent the start of a reorganization to meet our strategic plan.  We are actively looking to attract further talent for many opportunities at UASC”.


 

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

People & Company News

U.S. Drillers Cut Rigs to Lowest since August

Energy companies have reduced the number of rigs drilling for oil in the United States to the lowest since August, shifting more rigs in favor of natural gas as crude prices dive,

Equinox Class Scrubber Systems Receive Certification

Algoma Central Corporation (“Algoma”), the largest Canadian shipowner and operator of domestic Great Lakes vessels announces that it has received all requisite

MARAD Tests Alternative Power for Ships

The Maritime Administration (MARAD) is testing state-of-the-art, environmentally efficient technology onboard the Training Ship (TS) Kennedy.   The National Defense

Container Ships

Asia-Euro Box Rates Jump 88 pct

Shipping freight rates for transporting containers from ports in Asia to Northern Europe jumped 88.2 percent to $1,312 per 20-foot container (TEU) in the week ended on Friday,

Seaspan Receives 5th 10K TEU Boxship

Seaspan Corporation announced yesterday that it accepted delivery of a 10000 TEU containership, the MOL Brightness.   The new containership, which was constructed

CMA CGM to Retrofit 10 More Bulbous Bows

The CMA CGM Group said it will retrofit 10 of its vessels’ bulbous bows to achieve improved energy efficiency for slow steaming. The modifications are in addition

People in the News

Equinox Class Scrubber Systems Receive Certification

Algoma Central Corporation (“Algoma”), the largest Canadian shipowner and operator of domestic Great Lakes vessels announces that it has received all requisite

MARAD Tests Alternative Power for Ships

The Maritime Administration (MARAD) is testing state-of-the-art, environmentally efficient technology onboard the Training Ship (TS) Kennedy.   The National Defense

Libyan Government: Ports, Oil Fields Safe

Libyan oil ports and fields are safe and under government control, the country's interior minister said on Friday after visting the eastern Brega port. "This

Middle East

GAC Starts Hull Cleaning Op'ns in Oman

GAC EnvironHull hull cleaning operations using the brush-and-diver-free HullWiper system starting at the port of Sohar, just outside the Gulf of Hormuz. This

Iran Gas Exports to Europe Would Take at Least 5 Years

Iran would take at least five years to start exporting natural gas to the European Union if sanctions were removed, industry experts said on Wednesday. Last month,

DBR Delivers 42 Gensets to Damen

DBR has delivered the last units of an order totaling 42 marine generator sets for Damen Shipyards Gorinchem. The generator sets will be installed on 14 ASD tugs

 
 
Maritime Standards Navigation Offshore Oil Pod Propulsion Port Authority Salvage Ship Electronics Shipbuilding / Vessel Construction 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: 0.2604 sec (4 req/sec)