ICTSI Names Head for Australian Unit
International Container Terminal Services Inc. (ICTSI) has appointed Anders Dommestrup as Chief Executive Officer of its Australian subsidiary, Victoria International Container Terminal Ltd. “We are extremely pleased to welcome Mr. Dommestrup into the ICTSI Group. With his extensive and leading industry experience and expertise, we believe that he can provide exceptional leadership to our new project at Webb Dock East in the Port of Melbourne,” says Christian R. Gonzalez, ICTSI Head of Asia-Pacific and the Subcontinent. Prior to ICTSI, Mr. Dommestrup was Chief Operating Officer of Modern Terminals Ltd. (MTL). Since 2005, he had been…
Modern Terminals, WNS, Form BPO Alliance
Modern Terminals Ltd. and WNS (Holdings) in strategic partnership to provide Business Process Outsourcing (BPO) services. Modern Terminals Limited, a leading container terminal operator headquartered in Hong Kong, and WNS (Holdings) Limited , a leading provider of global Business Process Outsourcing (BPO) services, announce a strategic partnership to deliver BPO services and solutions to the shipping and logistics industry. Under the agreement, WNS and Modern Terminals will jointly work to provide shippers, forwarders, 3PL’s and ocean carriers BPO services designed to reduce costs as well as improve business process efficiency and effectiveness. "We are continuously on the lookout for new and more innovative ideas that can potentially add value for our customers,” said Peter J.
Business Briefs
OPEC President and Venezuelan Energy Minister Ali Rodriguez dismissed another increase in crude oil output in July, quelling speculation that a recent price spike could pressure exporters to crank out more oil. Mexico's Energy Minister Luis Tellez, meanwhile, said the Wednesday summit of the oil trio -- the three engineers of a March 1999 producers' pact to restrict output and lift sagging prices -- would not produce any firm action. South Korea's Hyundai Engineering & Construction has won a $510 million order to build a container terminal in Hong Kong. Hyundai said it had been awarded the deal by a group of Hong Kong companies, including Modern Terminals Ltd. Work is to begin on May 12 for completion by October 2004.
Hext to Lead V. Ships Marine Services Division
As part of a Group re-organisation, V.Ships, the world's largest provider of ship management and related marine services, has appointed Richard Hext as Chief Executive Officer of the Groups' Marine Services Division. The move follows a restructuring of the Group into two operating divisions; Ship Management and Marine Services. The newly formed Marine Services Division will oversee all activities of the Group other than ship management, including commercial management, ship agency, consulting, travel, insurance, IT and various other support activities. Roberto Giorgi continues to head up the Ship Management Division, overseeing all cargo and leisure ship management activities within the group. Mr. Hext joins V.Ships from LevelSeas, where he was Chief Executive.
Hyundai Wins Container Terminal Order
South Korea's Hyundai Engineering & Construction has won a $510 million order to build a container terminal in Hong Kong. Hyundai was reportedly awarded the deal by a group of Hong Kong companies, including Modern Terminals Ltd. Work is to begin May 12 for completion by October 2004.
