Damco appoints new Chief Commercial Officer in the Middle-East

Madison, NJ, June 28, 2010 – Damco, the combined brand of the A.P. Moller - Maersk logistics activities, is pleased to announce the hiring of Wade Thompson as the new Chief Commercial Officer for the Middle East region.

Wade, an Australian national, brings with him a 15 year career in freight, logistics, and supply chain management including vast knowledge and expertise in business development, logistics operations and supply chain planning.

With nine years of logistics experience in the Middle East, Wade joins Damco from Ceva Logistics, most recently holding the position of Director, Contract Logistics and Sales.

As the 2009 recipient of the LOG Magazine (MENA) ‘Logistics Innovator of the Year’ award, Wade has provided evidence of his desire to continually seek professional and personal challenges. Wade received the Award for 'Innovation in Retail Consumer Contract Logistics': ‘Devising and implementing a new automated solution for delivering greater efficiencies for 'goods on hangers'.

Klaus Dahl Tindborg, CEO for Damco in the Middle East says: “We are happy to have Wade on board the team. With his in depth knowledge of both the industry and the Middle East region, Wade will be a great asset for Damco and be instrumental in our continued efforts to expand our activities in the Middle East, where we are looking at additional commercial resources to strengthen our profile in the market.”

About Damco
Damco is the new, combined brand of the A.P. Møller - Maersk Group's logistics activities.

Damco offers a broad range of supply chain management and freight forwarding services to customers all over the world, and has 10,500 employees in over 280 owned offices across 90 countries with representation in 120 countries in Africa, Asia, Australia, North America, Europe, Middle East, and Latin America.

In 2009, the company had a net turnover of over USD 2.0 billion, managed more than 2.3 million TEU of ocean freight and supply chain management volumes and air freighted more than 60,000 tons.

Damco is an independent business activity within the A.P. Møller - Maersk Group.

For more information, please visit www.damco.com.