Ulrich Kranich
Ulrich Kranich
Member of the Executive Board,
Hapag-Lloyd AG
Ulrich Kranich was born on March 10th 1950 in Hamburg. After training as a forwarding professional, he studied business management in Bremen from 1972, graduating in 1974.
Ulrich Kranich has been with Hapag-Lloyd since 1975, serving in various positions in Germany and other countries, particularly in the cost management and controlling areas, as well as assuming responsibility for the profit centers of various trades.
He was appointed Managing Director of Hapag-Lloyd Container Linie GmbH in 1997 where he was responsible for the entire fleet expansion and for the controlling of ship and container costs worldwide. In 2005, he was put in charge of group finances and granted general power of attorney. Ulrich Kranich was appointed to the Executive Board of Hapag-Lloyd AG with effect from July 1st, 2006. Within this position he was responsible for the group financial area, including HR and IT. As of June 2008 Ulrich Kranich has taken over the responsibility for the global shipping business.
Operating for more than 160 years, Hapag-Lloyd is among the leading liner shipping companies of the world. The company operates about 115 modern ships and transports 5.5 million containers (TEU) in a year, employing over 7,100 staff at 320 locations in 130 countries, all networked through a sophisticated IT system.
Hapag-Lloyd offers about 80 liner services between all continents, a vessel fleet with a total capacity of approximately 470,000 TEU as well as a container stock of more than one million TEU, including one of the world's largest reefer container fleets.
The owners of Hapag-Lloyd are the Albert Ballin consortium (56.67%, consisting of the City of Hamburg, Kühne Holding AG, Signal Iduna, HSH Nordbank, M.M. Warburg Bank and HanseMerkur) and the TUI AG (43.33%).