Damco appoints ocean freight expert Martin Sieg to spearhead growth

2012 03 10

THIRD party logistics provider Damco has appointed international logistics professional, Martin Sieg, to take charge of ocean freight at a time when the company aims to achieve ambitious growth.

Since January 1, Mr Sieg took up the position of global head of ocean freight with overall responsibility for 600,000 TEU of ocean freight that the company manages each year.

The international freight expert is bullish about his new job in spite of market volatility. "The role of ocean transport, as a substantial part of the ever growing worldwide trade, will grow further," Mr Sieg said.

Having registered record profit growth of 29 per cent to US$97 million last year, the company is looking to grow more than the market average, to become one of the top five logistics providers in the world.

"It is extremely exciting to be in charge of one of the major products supporting this growth. Our Ocean Freight solutions will play a major role in our future development and we will further enhance our service scope to follow the customer demands," the new head of ocean freight said.

Mr Sieg was prior to joining the company the managing director of German logistics company SDV Geis and has previously held several managerial roles with Hapag-Lloyd.

Source Shipping Gazette - Daily Shipping News

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