MLL Aligns Management Structure

Maersk Line, Limited (MLL) has announced a realignment of its Senior Management Team structure to serve clients and grow its position in target markets. Effective September 1, 2006: William J. (Bill) Kenwell will assume the title of Senior Vice President & Chief Commercial Officer with responsibility for leading commercial activities and relationships with key government agencies. Reporting to Kenwell will be MLL’s U.S.-flag Liner and Integrated Defense Logistics business units as well as all Marketing and Proposal activities. Kenwell will report to MLL’s President and Chief Executive Officer, John Reinhart. All of MLL’s maritime-related business units will transfer reporting to Steve Carmel, Senior Vice President, Maritime Services. In addition to assuming management oversight for programs within business units including Contract Vessel Management, Vessel Life Cycle Management, Specialized Vessel Management, Carmel will also continue to lead MLL’s Technical Organization and Quality Environment Safety and Security department. Carmel will also report to Reinhart. Greg Moore, Vice President of Business Development will report directly to Reinhart. Ken Gaulden will continue to serve as Senior Vice President, Director and report to Reinhart. Gaulden will support the transition of his current daily responsibilities to Kenwell, Carmel and Moore, and perform special projects. Gaulden will retire officially from MLL in January 2007. He will continue to serve on MLL’s Board of Directors and will work on special projects. All of the above management personnel will serve on MLL’s Senior Management Team, along with Reinhart, Paul Cozza, Senior Vice President, Chief Financial Officer, and Mike Hopkins, Vice President, General Counsel.