Maersk Tankers, Damco Appoint New CEOs

MarineLink.com
Tuesday, October 29, 2013
Morten Engelstoft, CEO of Services & Other Shipping, and Hanne B. Sorensen, CEO of Damco

Morten Engelstoft has been appointed CEO of Services & Other Shipping in Maersk. The appointment will have effect from January 1, 2014. In addition Morten Engelstoft will take over the position as CEO for Maersk Tankers, as Hanne B. Sørensen has been appointed CEO of Damco. The changes in Maersk Tankers and Damco will also be effective from January 1, 2014.

Services & Other Shipping consists of Damco, Maersk Tankers, Maersk Supply Service and Svitzer. The target for Services & Other Shipping is to reach $500 million in operational profit by 2016.

The four businesses in Services & Other Shipping will remain individual businesses with own CEO’s reporting to Morten Engelstoft, who will report directly to Group CEO Nils S. Andersen.

Morten Engelstoft also takes over the position as CEO of Maersk Tankers, as Hanne B. Sørensen leaves this position to become CEO of Damco replacing Rolf Habben-Jansen, who announced his departure in September 2013.

Søren Toft will replace Morten Engelstoft as COO of Maersk Line. Søren Toft joined Maersk in 1994 and has held several positions in the Group. He comes from a job as Head of Network Planning in Maersk Line. Prior to this he has held various positions in Operations both in Headquarters, Germany and Indonesia.
 

Maritime Today


The Maritime Industry's original and most viewed E-News Service

Maritime Reporter May 2016 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

People & Company News

DSME Reveals Additional Self-Restructuring Plan

South Korean shipbuilder Daewoo Shipbuilding and Marine Engineering (DSME) has  revealed an additional self-restructuring plan amid the falling shipbuilding orders.

KOTUG Begins Operations in Mozambique

KOTUG Mozambique has begun exclusive port and terminal towage services with two Rotortugs in the new port of Nacala-a-Velha in northern Mozambique for Nacala Development Corridor (CDN),

French Oil and Port Workers Vote to Begin New Strikes

Oil sector workers of French CGT and FO unions voted on Monday to begin a strike at Exxon Mobil's 240,000 barrels-per-day Port Jerome refinery in northern France, the unions said in a joint statement.

Tanker Trends

Alfa Laval PureNOx Prime Ordered for Five VLECs

Alfa Laval’s new PureNOx Prime solution for water treatment in Exhaust Gas Recirculation (EGR), will be part of EGR systems on five very large ethane carriers

NASSCO Delivers Second ECO Tanker to APT

On Thursday, May 19, shipbuilders at General Dynamics NASSCO delivered the Magnolia State to longtime customer American Petroleum Tankers (APT). The ECO Class tanker

Fleet Growth: Private Trends And Public Developments

According to Clarksons Research, the world fleet has experienced a sustained period of growth during the last decade, with owners based in the Asia/Pacific region

News

China Shipbuilding Plans Major Restructuring

State-owned China Shipbuilding Industry Corp (CSIC) is undertaking a major restructuring as it grapples with an industry downturn, and it will be the largest restructuring

Sovcomflot IPO Soon

The long-awaited initial public offering (IPO) of Sovcomflot, which runs one of the world’s largest tanker and gas carrier fleets, has moved a step closer.    Economy

BEST Sets Container Handling Record

Hutchison Port Holdings Limited (HPH) subsidiary Barcelona Europe South Terminal (BEST) achieved a new record when it moved 7,760 TEU on the call of MSC Beatrice.

 
 
Maritime Security Maritime Standards Navigation Offshore Oil Port Authority Salvage Ship Repair 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: 0.1070 sec (9 req/sec)