As of January 1, Lars Sorensen will become Senior Managing Director of the Middle East region. He succeeds Dheeraj Bhatia, who moves up to the Executive Board of Hapag-Lloyd.
Sorensen joined Hapag-Lloyd five years ago and successfully headed the India area as Managing Director. There he demonstrated a high degree of commitment and leadership qualities that make him the ideal candidate for his new area of responsibility, Hapag-Lloyd announced. [ds_preview]
The Dane succeeds Dheeraj Bhatia, who has headed the Middle East region from Dubai as Senior Managing Director since 2018 and is also a new member of the Hapag-Lloyd Executive Board as of January 1, 2024. He will become CEO of the new Hapag-Lloyd Terminal Holding division, in which the Hamburg-based liner shipping company will bundle all of its terminal activities and shareholdings. The company will be based in Rotterdam.
Hapag-Lloyd’s terminal division for 20 locations worldwide
Around 2,600 employees are assigned to the Terminal & Infrastructure segment. They look after 20 terminals in Europe, Latin America, the USA, India and North Africa.
In recent years, Hapag-Lloyd has invested millions in terminal and logistics activities. These include investments in the container terminals in Wilhelmshaven, Tangier (Morocco), Damietta (Egypt) and most recently J M Baxi (India). In addition, there is the investment in Spinelli (Italy) and a stake in the terminal business of Chilean company SM SAAM. “Once the portfolio has reached a certain size, it may make sense to spin off these activities,” explained shipping company CEO Rolf Habben Jansen at the beginning of this year.
