- As HMM Eyes Stake in Two More Hanjin Terminals
Dr Alex Wonhas has been appointed as the new global Managing Director of Aurecon, a global engineering and infrastructure advisory company, to lead its Energy & Resources business which also spans Manufacturing. He was previously Executive Director at Australia’s national science agency, leading CSIRO’s environment, energy and resources sector.
“Aurecon is continuing to invest in strong leaders who provide not only eminence in their space, but have the leadership style, global mindset and courage to lead amidst ongoing disruption,” said Giam Swiegers, Aurecon’s Global CEO.
“Experts such as Dr Wonhas contribute subject matter expertise and advisory capability, which plays an important role in developing our global teams to meet clients’ most significant and changing challenges,” he said.
Dr Wonhas oversaw research, development and demonstration activities as well as the commercialisation of a range of fossil, renewable and demand management energy technologies.
A key advisor on energy security issues, Dr Wonhas was instrumental in expanding the Gas Industry Social and Environmental Research Alliance nationally and bringing in AGL, Origin and Santos as additional industry partners.
In addition, he chaired the energy theme at the 2014 G20 global café in Brisbane, was a key member of the Federal Government’s expert panel of the 2012 and 2015 Energy White Papers and also conceived the Future Grid Forum that brought together over 100 participants from across the whole electricity value chain to define its possible future, focus technology developments and inform regulatory processes.
Dr Wonhas said that he was impressed by Aurecon’s focus on innovation and building its advisory practice. For Aurecon, being future ready means being innovative. This requires having a deep understanding of clients through working and thinking like designers; and focusing on needs our clients may themselves not yet have identified. The increasing demand for consulting advice around supply chain, asset optimisation, portfolio, programme and project optimisation, asset rehabilitation and closure and digitisation of assets and infrastructure brings even greater opportunity to unlock value for clients.
In a commoditised market, subject to disruptive technology, Aurecon’s focus is on helping its clients respond to the constantly shifting business landscape. The energy sector, in particular, is undergoing rapid transformation, driven by the need for security, reliability and affordability against a backdrop of reducing emissions, integrating renewables and changing consumer behaviour.
“Aurecon recognises the role it can play in driving change in the energy, resources and manufacturing sectors, and will be at the forefront of driving that change. I am excited by the opportunity we have to shape the future of our industries, help our clients become future ready by navigating disruption and maximise the total value of their assets and businesses,” he concludes.
In the meantime, South Korean shipping company Hyundai Merchant Marine has signed a deal with Hanjin Shipping and Marine Terminals Investment Limited (MTIL) to acquire Hanjin Pacific Corporation’s terminals in Tokyo and Kaohsiung.
Total acquisition price is about KRW 15 billion (USD 13.1 million) including a purchase and security deposit on the lease of the Tokyo port.
Hanjin Pacific Corporation (HPC), 60-percent owned by Hanjin Shipping and 40-percent owned by Marine Terminals Investment Limited, operates terminals at ports in Japan and Taiwan.
With this acquisition, HMM will secure a stake in four Hanjin terminals, including a 20 percent stake in terminal operator Total Terminals International LLC (TTI), a 100 percent stake in the Spanish Algeciras terminal, and now the 100 percent stake in each Tokyo and Kaohsiung terminals.
HMM said that it plans to complete the acquisition of Hanjin Pacific’s stake followed by detailed due diligence and regulatory approvals for each port.
“This acquisition of Hanjin Pacific’s stake will work to expand HMM’s port network and strengthen our sales competitiveness,” HMM said.
Additionally, the company informed that it expects that the acquisition will have “a synergistic effect with HMM+K2 consortium,” which starts on March 1.
In a separate announcement, Krishnapatnam Port Container Terminal (KPCT) informed that Hyundai Merchant Marine launched a direct weekly ASC service, which connects the Far East and South East Asia, from the terminal on February 17, 2017.
Inaugurated with a maiden vessel call by MV Hyundai Prestige, the service has a port rotation of Krishnapatnam (India) – Port Klang (Malaysia) – Singapore (Singapore)– Pusan – Ulsan (South Korea) – Shanghai – Hong Kong – Yantian (China).
Additional report from World Maritime News