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New CEO of Maersk Tankers

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New CEO of Maersk Tankers, Hanne B. Sørensen

26-Jan-2012

Ms Hanne B. Sørensen has been appointed new CEO of Maersk Tankers with effect from 13 February 2012.

Hanne B. Sørensen has until now held the position as Chief Commercial Officer (CCO) of Maersk Line and replaces Søren Skou, who recently assumed the position as Maersk Line CEO.

"Hanne B. Sørensen comes with experience and a strong track record within international shipping. I am therefore very pleased that Hanne has accepted the position as CEO of Maersk Tankers," says Partner and member of the Executive Board Claus V. Hemmingsen.

"As Chief Commercial Officer of Maersk Line, Hanne has been key in applying a stronger customer-focus in the same time as making the global frontline organisation more agile and efficient. Hanne has proven that she has a strong strategic mindset and the capability to execute. I am convinced that Hanne is the right person to be at the helm of Maersk Tankers at a time that is challenging, but also with opportunities," says Claus V. Hemmingsen, who has the overall responsibility for Maersk Tankers (see note to the editor).

Commenting on the announcement, Hanne B. Sørensen says she looks forward to the leadership challenge: "This is a unique opportunity and I had no doubt when I was offered the job. I am new to the tanker business, but not new to working in a challenging and very competitive industry, and I look forward to working on developing Maersk Tankers' leadership position."

Hanne B. Sørensen joined the A.P. Moller - Maersk Group in Copenhagen as an economist in Maersk Line in 1994. Until 2001, she held various CFO positions for Maersk Line in India, Italy and Singapore. In 2006, she was promoted to Area Manager with base in Genoa, and in 2008, Hanne was appointed Chief Commercial Officer in Maersk Line.

Maersk Tankers operates 300 modern crude oil, product and gas tankers and is one of seven core businesses in the Maersk Group. Maersk Tankers is the world's largest operator within product tankers. Overall, Maersk Tankers aims to have a leading market position in the three markets in which it operates - product, gas and VLCC - through a multiple brand strategy that includes, among others, the LR2 Pool, Handytankers, Broström and Nova Tankers, the newly announced VLCC pool.

Maersk will announce the new Maersk Line CCO in due time.

Contact:

Ms Hanne B. Sørensen, tel. +45 3363 3534

Maersk Tankers in numbers

• Turnover 2010: USD 1,219 million

• Result 2010: USD -118 million

• Vessels: 300 (own, T/C and pools)

• Employees: 4,500

• Offices in Copenhagen, Singapore, Gothenburg, Paris, New York, Romania, Tokyo and Seoul.

• The Maersk fleets' first tanker vessel was delivered in 1928.

Hanne B. Sørensen CV

Date of birth: 18 September 1965

Employment history:

• Joined A.P. Moller - Maersk in Copenhagen in 1994 as an economist

• Maersk Line CFO in India and Italy from 1997 to 2001

• Maersk Line regional CFO for Far East Asia in 2001

• Global Programme Director for implementation of SAP in Maersk Line from 2002 to 2006

• Group Vice President and Maersk Line Area Manager for the Eastern Mediterranean Region from 2006 to 2008

• Maersk Line Chief Commercial Officer from 2008 to 2012

Education: Master of Science in Economics from the University of Aarhus, Denmark.

Other duties: Board member in Axcel

Private: Lives in Frederiksberg, near Copenhagen, Denmark.

Note to the editor

Claus V. Hemmingsen is Partner, member of the Group's Executive Board and CEO of Maersk Drilling. In addition, Claus V. Hemmingsen has overall responsibility for Maersk Tankers, Maersk FPSOs, Maersk LNG, Maersk Supply Service and SVITZER A/S.

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New CEO of Maersk Tankers, Hanne B. Sørensen

[26-Jan-2012]

New CEO of Maersk Tankers, Hanne B. Sørensen

[26-Jan-2012]

CONTACTS (For More Information)

Louise Münter - Group Press Officer Copenhagen

Oil & Gas and Group Financials-A.P. Moller - Maersk

Denmark

louise.munter@maersk.com

+45 33 63 19 12

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