Mahindra Logistics Names Anish Shah as Chairman
Mahindra Logistics Limited (MLL), a provider of logistics and people transport services, announced the appointment of Dr. Anish Shah as the chairman of the board, effective April 2. Dr. Shah will join the company's board of directors on the same date. He is the deputy managing director and group CFO of Mahindra & Mahindra (M&M) Limited. He is designated to take over as the managing director and CEO of M&M Limited from April 2.VS Parthasarathy, president - Mobility Services Sector and member of the Mahindra Group executive board…
Gunvor Founder Raises Stake, Expands Board
Trading house Gunvor's founder Torbjorn Tornqvist has increased his stake in the firm after a bumper profit year as he bought out some leaving partners and expanded the board to bring in a new generation of managers.The company said Tornqvist, Gunvor's chairman, had raised his stake to 86.9% as of Dec 31, 2020, from 80.01% as of Dec 31, 2019."It is a standard annual fluctuation based on staff turnover," a Gunvor spokesman said. The remaining shares are held by Gunvor employees.Trading houses in 2020 benefited from energy market volatility.
Teresa Peacock Joins Dryad Global as Non-executive Director
Maritime security risk management firm Dryad Global announced Tuesday it has appointed Teresa Peacock as its first non-executive director.Peacock is currently managing director at maritime staffing and recruitment firm Spinnaker Global and a member of the Maritime UK’s Diversity Taskforce, a board member of the Women's International Shipping & Trading Association (WISTA UK) and a part of the All Party Parliamentary Group for Women and Work. Her experience spans a career in recruitment of over 30 years…
Toft Takes the Helm at MSC
Soren Toft started his new role as CEO at MSC Mediterranean Shipping Company on December 2, 2020, reporting to Diego Aponte, MSC Group President, and Gianluigi Aponte, Founder and MSC Group Chairman.Toft will oversees MSC’s global cargo businesses including ocean liner and logistics. He will also be a member of the board of directors of Terminal Investment Ltd (TiL), the terminals business which is majority-owned by MSC.Soren Toft joins MSC from Maersk, where he served as COO since 2013 and later as a Member of the Executive Board.“With his 25 years of experience in leadership roles at Maersk…
The Next Generation Takes Ownership in USTC
First financial steps have been made to cement the planned succession process of Torben Østergaard-Nielsen’s global shipping group United Shipping & Trading Company (USTC), based in Middelfart, Denmark.The next generation in the family-owned business, daughters Nina Østergaard Borris and Mia Østergaard Nielsen, have become co-owners via the parent company Selfinvest. In the future, they will take even greater part in the active ownership of the group.With more than 2,500 employees distributed on 101 offices in 33 countries worldwide…
Gullick to Lead NOC's Business Development Strategy
The National Oceanography Centre (NOC) appointed Huw Gullick as Managing Director of NOC Innovations and Associate Director of Strategic Business Development starting in August 2020.NOC Innovations Ltd is the wholly owned commercial trading subsidiary of NOC, the purpose of which is to generate revenue to support the furtherance of the NOC’s charitable purposes. Huw will be a member of the NOC Executive Board, owner of our Business Development Strategy, and responsible for supporting…
New Shandong-Europe Express Links China and Hamburg
China is the Port of Hamburg’s most important trade partner. Hamburg serves as the gateway to Europe for Chinese goods. Along with handling ocean shipping, the port city is also an important railway hub for transports to and from China. The new Shandong-Europe Express train from Jinan arrived in Hamburg’s Billwerder Terminal for the first time. It carries valuable and time-sensitive cargo from China to Europe along the New Silk Road.On April 10, the “Shandong-Europe Express” set out from Jinan, the capital of Shandong Province, on its way to Hamburg.
Henningsen Named CFO at Hamburg Süd
Lasse Carøe Henningsen, 46, will become the new Chief Financial Officer (CFO) at Hamburg Süd, succeeding Jakob Wegge-Larsen, who has held this position since December 2017 and will be returning to Maersk in Copenhagen at the end of June. Already at the end of February 2020, he in parallel assumed the position of CFO of the Maersk division Ocean & Logistics there. When Henningsen starts at Hamburg Süd on June 1, he will be in charge of the Business Finance and Accounting divisions as well as the important SAP project. He and Dr.
Damen Names Van Heyningen COO
As of April 1, Marc van Heyningen will become the new Chief Operations Officer (COO) of Damen Shipyards Group. This completes the Executive Board of the leading Dutch maritime solutions provider.Marc is a MSc in Civil Structural Engineering at Delft University and has spent the vast majority of his career working for Fluor Corporation in various general and operations management positions in, for example, The Netherlands, The UK, India and the USA. His last role was Vice President of Operations based in Fluor Company Headquarters in Dallas…
AAPA Elects Cordero as Board Chairman
The American Association of Port Authorities (AAPA) has elected Mario Cordero, executive director of California’s Port of Long Beach, to serve as the association’s next Chairman of the Board.Cordero will be installed as Chairman on the final day of AAPA’s 2020 Annual Convention, set for September 13-16, in Québec City, QC, Canada. He will assume the AAPA chairmanship from Gary G. Nelson, executive director of Washington State’s Port of Grays Harbor, who began his term on October 15…
DMA Adds 2 New Deputy Director Generals
Danish Maritime Authority (DMA) announced that two new deputy director generals joined its the Executive Board.The new deputy director generals are Rikke Wetter Olufsen and Niels Wammen-Jensen. They both come from director positions within DMA.For the past four years, Rikke has been director of Blue Growth and Maritime Policy at the Danish Maritime Authority. Rikke joined the DMA from the Ministry of Industry, Business and Financial Affairs, where she covered a broad portfolio of business policy areas.Niels has been director and served as the DMA's "ambassador" in the Ministry of Industry…
Maersk Names Jany CFO
A.P. Moller - Maersk has appointed Patrick Jany as its new chief financial officer, effective May 1, 2020.Jany, a German citizen, joins the world's largest shipping company as CFO and a member of the executive board after more than two decades with Swiss chemicals company Clariant, where he's been CFO since 2006. Prior to his role as CFO, he held several leadership positions within finance, general management and corporate development in Clariant in Germany, Mexico, Singapore, Indonesia and Spain.“I am pleased to welcome Patrick Jany to A.
New COO Joins USTC’s Executive Board
Torben Østergaard-Nielsen’s global shipping group United Shipping & Trading Company (USTC) has welcomed Nina Østergaard Borris as new COO to its Executive Board.For the past six years, Nina Østergaard Borris has been Executive Assistant and Head of M&A in Bunker Holding, the USTC group’s largest business unit, focusing on business optimization, strategy and M&A.In parallel with her employment at Bunker Holding, Borris has served as a board member in the sister companies SDK (shipping and logistics company) and Uni-Tankers (shipowning company) as well as the parent company USTC.
Dunkirk Port Switches on Cold Ironing
French container line CMA CGM announced that its ship APL Singapura has inaugurated the cold ironing facilities of the Terminal des Flandres in the Port of Dunkirk.By plugging into an onshore electricity supply (also known as "cold ironing"), container ships calling at port can shut down their auxiliary engines while still getting the power they need, particularly in order to maintain controlled temperatures in refrigerated containers (Reefers).This innovative technology has significant environmental benefits…
Mammoet Completes ALE Acquisition
The Netherlands-based Mammoet confirmed it has completed its acquisition of UK-based rival ALE, creating the industry’s largest engineered heavy lifting and transport services provider.The businesses will operate as one company under the Mammoet brand with more than 140 offices and branches worldwide, Mammoet said in a press release on Wednesday.An integration plan to be rolled out over the coming months will focus on bringing the two organizations together, Mammoet said. ALE executive board member Michael Birch will join Mammoet's executive management team as chief commercial officer.
Quality is the Buzz Word for ECGS
Those shipowners looking to install marine exhaust gas cleaning systems (EGCS) as way of meeting global sulfur cap requirements are advised to ensure that manufacturers, shipyards and installers are using quality, high-end materials.Based on the collective experience gained from more than 1500 EGCS installations, Clean Shipping Alliance (CSA) 2020 members found the quality of materials and coatings used is the most important factor in optimizing EGCS safety and averting any corrosion…
Damen: New CEO and Structure
Arnout Damen will take over as CEO of Damen Shipyards Group effective January 1, as the the Dutch shipbuilding conglomerate transitions to a new divisional structure, the group announce on Monday.Arnout Damen succeeds René Berkvens, who has been the CEO of Damen Shipyards Group for more than 13 years."We are extremely indebted to René for his commitment as our company's top executive," said Chairman Kommer Damen. “Under his leadership, Damen has grown into a globally operating, leading player.
Maersk Names CEO for Shipping
Danish integrated logistics giant A.P. Moller - Maersk appointed Vincent Clerc as CEO of Ocean and Logistics and Henriette Hallberg Thygesen as CEO of Towage, Manufacturing & Others.“A year ago, we integrated our customer facing roles across the company. We are now ready to accelerate the execution of our strategy through increased commercial and operational integration,” says Søren Skou, CEO of A.P. Moller - Maersk and continues:“With the new leadership structure announced today, I am confident that we will increase the pace.
Konecranes to Supply RTG Cranes to Tangier Port
Finnish manufacturer of cranes and lifting equipment Konecranes Oyj has won an order to supply a terminal at Tangier Med Port II with 16 Rubber Tired Gantry (RTG) cranes.The cranes will be delivered in batches with the last ones arriving by mid-July 2020. The order was booked in May 2019.The 16 Konecranes RTGs will go into service at the new container terminal TC3, Tanger Med 2, in the Port of Tangier. They will be the first Konecranes container cranes in Morocco. Tanger Med 2 is the second phase of development of the Tanger Med port complex.Mr.
Hapag-Lloyd Appoints New CFO
Hapag-Lloyd AG appointed Mark Frese to the Executive Board effective November 25, 2019. On March 1, 2020, he will become the new Chief Financial Officer (CFO), replacing Nicolás Burr.Mark Frese (55) was most recently employed as the Chief Financial Officer of Ceconomy AG, the former Metro AG. Before that, he held various management positions at Metro AG and Kaufhof Holding AG.“When Mark Frese joins us, we will be gaining a very accomplished and highly skilled expert with extensive experience and knowledge of the financial sector.
HHLA Reports 8.3% Growth in Revenue
Hamburger Hafen und Logistik AG, HHLA, the company that operates three out of four of Hamburg’s container terminals, continued its positive performance in the first nine months of 2019.The total revenue was 1.04 billion euros, an increase of 8.3 percent, said the German logistics and transportation company.The operating result (EBIT) improved strongly by € 19.3 million, or 12.4 percent, to € 175.4 million. The positive effects of the initial application of IFRS 16 in the EBIT amounted to approximately € 10.6 million.
Maersk COO Søren Toft Leaves Company
Chief Operating Officer (COO) Søren Toft has decided to pursue another opportunity outside the company and will leave A.P. Møller - Mærsk A/S effective today. CEO Søren Skou will take on the responsibilities of the COO in the interim.The Executive Board will hereafter consist of Søren Skou, Carolina Dybeck Happe, Vincent Clerc, and Morten Engelstoft.Søren Toft joined A.P. Møller - Mærsk in 1994 and became a member of the Executive Board in December 2017.
HHLA Group Revenue Up 9.6 %
German logistics and transportation company Hamburger Hafen und Logistik AG (HHLA) said that it has closed the first half of 2019 with rising revenue and results, despite a challenging market environment.Container throughput increased moderately, due in particular to the successful integration of the Estonian terminal operator HHLA TK Estonia, which was acquired last year. A significant rise in container transport was achieved, said a press release.In conjunction with a strong increase in revenue in the Logistics segment and a once again moderate increase in revenue from property management…
Hapag-Lloyd Re-elects Behrendt as Chairman
German-based cargo container shipping line Hapag-Lloyd AG's shareholders approved the proposal of the Supervisory Board to re-elect Michael Behrendt to the Supervisory Board as a shareholder representative.After being re-elected to the Supervisory Board and following the AGM, Behrendt was also confirmed by his fellow Supervisory Board members as its Chairman. Michael Behrendt has been a member of the Supervisory Board of Hapag-Lloyd AG since 2014.“The clearness of the election results is an incentive for me.
NPS Connects Dunkerque and Metz
The Port of Dunkerque, France's biggest harbour on the North Sea in terms of the total traffic throughput, is continuing to develop its combined transport plan with the implementation of the Flandres Express (FLEX) rail service to the East of France.Created in 2013, Nord Port Shuttle (NPS), has gradually developed a network of containerized river services between Dunkerque and the main inland ports of the Hauts-de-France Region.With the setting-up of a rail service between Dunkerque and Metz…
Chinese VP Visits Hamburg Terminal
China’s Vice President Wang Qishan visited the HHLA Container Terminal Tollerort (CTT) at the Port of Hamburg.Wang was greeted by the Chairwoman of the Executive Board of Hamburger Hafen und Logistik AG (HHLA), Angela Titzrath, Hamburg’s First Mayor, Dr Peter Tschentscher, and representatives of the Chinese container shipping company Cosco Shipping Lines. Wang headed a 40-strong party of high-ranking Chinese government officials, and the terminal operator said the visit emphasizes…