rss icon Subscribe
desktop mobile

Ammar Kanaan Appointed CEO of Terminal Investment by MSC

Photo: MSC

By Aiswarya Lakshmi

The shipowning group Mediterranean Shipping Company (MSC) has appointed Ammar Kanaan as Chief Executive Officer of its cargo container terminals arm Terminal Investment Limited (TiL). TIL directly manages or crosses 53 container terminals in ports of five continents.

As the founder and Chairman of International Port Management, Ammar Kanaan brings a wealth of expertise and 30 years' experience in the transport and port sectors.
He has built companies focused on port management, transport engineering and transport consulting and also led the development and operations of MSC's joint venture terminal in King Abdullah Port, Saudi Arabia. He holds a Master in Science in Transportation degree from Massachusetts Institute of Technology (MIT).
Ammar Kanaan replaces Vikram Sharma, who will retire from his position as Chief Executive Officer of TiL, effective 30 March, 2018. Vikram Sharma's aspirations and leadership during the past nine years have helped TiL nearly triple its portfolio terminal equity investments and assured consistent container volume growth.
Commenting on the change in management, Diego Aponte, President and CEO of MSC Group and Chairman of TiL, said: "The appointment of Ammar Kanaan further strengthens our port terminal investment business. I would like to thank Vikram Sharma for his commitment, hard work and dedication. He has been instrumental in ensuring TiL's successful growth over the years."
TiL enjoys a presence at 7 of the world's 25 busiest ports by volume and has sizeable market shares in Antwerp, Singapore, Long Beach, Ningbo, Newark, Bremerhaven and Rotterdam.

Feb 12, 2018

 

Logistics

Concordia Maritime Charters Three Suezmax with Stena Bulk

Photo: Concordia Maritime

As a further step in fleet positioning ahead of the gradually stronger market that is expected

AET Secures DP2 Shuttle Tankers with Petrobras

Photo:  AET Tankers Pte Ltd

Petroleum tanker owner and operator AET announced the extension of partnership in the DP2 shuttle

Olefin Trade Not Helping LPG Shipowners: Drewry

Graph: Drewry

The freight market for S/R (Handysize) vessels will remain under pressure throughout 2018 on

People & Company News

Van Oord: Christening of SRI Vessel Bravenes Marks Jubilee Year

Photo: Van Oord

The latest addition to the Van Oord fleet was unveiled Monday 21 May at the Wilhelminakade in

Costa Cruises to Grow Capacity by 43 Percent by 2021

Photo: Costa Cruises

Costa Cruises is continuing to expand and renew its fleet of ships flying the Italian flag.

Luerssen Creates Shipbuilding JV

Photo: Lürssen Shipyards

One of the world’s leading shipbuilders, Luerssen, has teamed with Australian engineering and

Maritime Apps