BEHRENDT APPOINTED TO BOARD OF HAPAG-LLOYD

BEHRENDT APPOINTED TO BOARD OF HAPAG-LLOYD

   Michael Behrendt has been appointed to the executive board of Hapag-Lloyd, with responsibility for the Hapag-Lloyd subsidiaries VTG-Lehnkering AG and Algeco S.A.
   Behrendt is concurrently chairman of the executive board of VTG-Lehnkering, the chemicals logistics company that will became part of Hapag-Lloyd following a restructuring of activities within the Preussag group.