Sorensen will be succeeding Dheeraj Bhatia who will become a member of the Hapag-Lloyd Executive Board and CEO of the new Rotterdam-based Hapag-Lloyd Terminal Holding from January 1, 2024, says an official release. In the terminal & infrastructure segment, Hapag-Lloyd has stakes in 20 terminals in Europe, Latin America, the United States, India and North Africa with around 2,600 employees, the release added. Carried volume declined marginally to 8.92 million TEUs from 8.99 million TEUs in the corresponding period last year. Total revenue declined 47 percent to €14.1 billion from €26.7 billion in the first nine months of 2022. Hapag-Lloyd Technology Centre (HLTC) is being launched in Chennai, India where a team of 180 IT professionals will develop innovative software solutions for the maritime industry.

Source: The North Africa Journal December 15, 2023 11:40 UTC