EMEA News
New Managing Director for Shipping Holding
USTC Group today announced group member Shipping Holding A/S has appointed Søren Gran Hansen as the logistics company's new managing director effective September 19, 2013.
Søren Gran Hansen, who replaces Lars Hoffmann, comes from a position as Regional Director of DSV Road Holding A/S, where he has occupied various roles since 1989.
Shipping Holding has been struggling with declining results in recent years and posted a loss of DKK 10 million ($1.7 million) in the 2012/13 financial year, but said it has managed to change its fortunes after implementing a number of measures.
"The appointment of Søren Gran Hansen should be seen as part of a further strengthening of the activities," it said.
The USTC Group also includes Bunker Holding A/S and Global Risk Management.