ΤΤ Club, provider of insurance and related risk management services to the international transport and logistics industry, has announced that Morten Engelstoft will be chairman of both Through Transport Mutual Insurance Association Limited (Bermuda) (TTB) and TT Club Mutual Insurance Limited (UK) (TTI) after the retirement of the current president Ulrich Kranich.
Ulrich Kranich retires from his position as director and chairman of the Club after 16 years.
Engelstoft spent 36 years in various positions and across three regions within Maersk. He retired in June 2023 from the position of CEO of APM Terminals.
He commented, “TT Club remains the foremost specialist insurance provider to the majority of container shipping lines, a substantial number of terminal operators and a wide range of logistics and transport operators.”
Ulrike Baum of Rohlig Logistics who has been on the Board since 2016 has stepped down as director, while Marika Calfas of NSW Ports in Sydney has been appointed to the board, as has John Chambers, currently specialist director – insurance who also serves on the TTI Board.
Finally, Miguel d’Orey of Orey Shipping in Lisbon has been appointed to the TTI Board.