¡¤    Tim Wickmann, CEO of MCC, will seek opportunities outside of A.P. Moller Maersk
¡¤    Bo Wegener, currently Maersk Line¡¯s South East Asia Managing Director, will assume the role of CEO of MCC
¡¤    Rupesh Jain, Country Manager for Maersk Line in South Korea, will relocate to Singapore to assume the role of Maersk Line¡¯s Managing Director for South East Asia
¡¤    These changes will take effect from August 1st 2017
¡¤    MCC Transport is a wholly-owned subsidiary of global containerized shipping leader Maersk Line, specializing in the world¡¯s most dynamic and fastest growing market: Intra-Asia

Hong Kong, Wednesday 21 June 2017 ¨C On Wednesday 21st June 2017 Maersk Line and MCC announced changes to the Asia-Pacific management team. After 27 years within the A.P. Moller Maersk Group and most recently 9 years as CEO of MCC, Tim Wickmann announced he will be seeking opportunities outside the group. Bo Wegener, currently Maersk Line¡¯s South East Asia Managing Director, will assume the role of CEO of MCC. Rupesh Jain, currently Maersk Line¡¯s South Korea Country Manager, will relocate to Singapore and assume the role of South East Asia Managing Director. These changes will take effect from 1st August 2017.

¡°Tim has been the driving force behind MCC's unparalleled success, and under his leadership MCC has grown into the successful company it is today. We thank him for his great contributions to the A.P.Moller Maersk Group and wish him every success in his career ahead¡± said Robbert van Trooijen, Maersk Line¡¯s Asia-Pacific CEO.

¡°The appointment of Bo Wegener as MCC¡¯s new CEO makes me confident that MCC is in an exceptionally talented pair of hands. Since joining the A.P. Moller Maersk Group in 1995 Bo has distinguished himself in every role he has undertaken. Under his leadership I believe that MCC will continue to grow and succeed¡± said Mr. van Trooijen.

¡°MCC is an extremely well-run company with a talented team, a strong brand built on partnership and a unique intra-Asia understanding. I look forward to working with the customers and the team to build on that success. I wish Tim all the best for the next chapter in his career¡± said Bo Wegener, Maersk Line¡¯s South East Asia Managing Director.

¡°I am very proud of what I have achieved in my 27 years with the A.P. Moller Maersk Group, in particular the success of MCC during my recent nine years as CEO and I now look forward to trying something new in life. I am confident that Bo together with the talented MCC team will continue the successful path we are on and I look forward to following MCC¡¯s progress in the future¡± said Tim Wickmann, CEO of MCC.

Rupesh Jain, currently Maersk Line¡¯s South Korea Country Manager, will take up the role as Maersk Line¡¯s South East Asia Managing Director.

¡°I am pleased to accept the role of Maersk Line¡¯s South East Asia Managing Director¡± said Mr. Jain. ¡°South East Asia is emerging as one of the growth engines of the world¡¯s economy with a number of highly productive import and export nations.¡±

¡°Rupesh has distinguished himself over his 20 years with the A.P. Moller Maersk Group. His knowledge of the market and track record in delivering strong performance results makes Rupesh a great successor for this role¡± said Robbert van Trooijen, Maersk Line¡¯s Asia Pacific CEO.

Maersk Line and MCC have a succession plan in place and Mr. Wegener, Mr. Jain and the new Country Manager of South Korea will have a handover by their predecessor and an onboarding programming in place.