NOL Group announces new regional structure for Asia

Neptune Orient Lines (NOL) recently announced a change to the organization of its Asian operations.
From January 1st, 2009, the Group Asia-wide container shipping business will be coordinated through two rather than the current three regions.

NOL Group CEO Ron Widdows, said espite the current depressed market environment, Asia will continue to be a cornerstone of world trade. The structuring of our Asian operations around two key regions will support efforts to place NOL? cost base on a more sustainable footing, while enabling closer coordination of activities in adjacent countries.

?his will ensure we continue to provide the highest standards of service to our many customers whose supply chains touch Asia,?Widdows continued.

Under the new structure, the existing Greater China region will be combined with the company Japan and Korea operations - currently part of the Asia-Middle East region - to form a new North Asia region. NOL? current South Asia President Ken Glenn will take on the role of President North Asia.

The current President of NOL Asia-Middle East region, Jim McAdam, will be the President of the South Asia region, which will encompass company activities across South East Asia, the Indian subcontinent, the Middle East and Australasia.

Dan Ryan, who has been the President of NOL Greater China region since August 2006, is to take up a key role with the company in the United States.<Korea Shipping Gazette>