New Managing Director, Germany, at Newport Shipping

Source: press release, 5 August 2020

Newport Shipping’s Managing Director, Germany, Ingmar Loges
Newport Shipping’s Managing Director, Germany, Ingmar Loges (photo: Newport Shipping)

As part of the Group’s growth strategy, Ingmar Loges has joined Newport Shipping as Managing Director to further develop the Group’s business activity capability. Loges will support Newport Shipping in Group financial strategy and marketing strategy for the German market.

Loges comes with over 30 years of leading industry experience in domestic and international marketplaces. His previous roles included Global Head of Ship and Offshore Finance for the last 15 years in leading financial institutions DVB BANK SE Amsterdam, HSH Nordbank AG Hamburg, UniCredit Bank AG Hamburg and Singapore.

“With the opening of the Hamburg office Newport will have presence in all the major shipping centres. This is key to our business strategy of delivering services through a global network. Ingmar’s strong reputation as a maritime veteran with in-depth experience of the industry will further strengthen our capability to serve our clients globally,” says Lianghui Xia, Group Managing Director, Newport Shipping.

Loges will be assisting Newport Shipping with its marketing strategy and growing the Group’s presence in Germany through his proven track record of marketing and executing transaction across multiple shipping sectors.

“Germany is one of the most important shipping nations. As the Managing Director of our German entity Ingmar will be key to our business development in the German market. We are confident that Ingmar will be able to showcase what Newport can bring to the market as a reliable service partner,” Xia adds.

“I will bring to Newport Shipping all my experience, knowledge and my strong network within the maritime and financial industry. I think this is a good base to support the growth strategy. To run Newport Shipping’s Hamburg office is a great opportunity to generate new business within the main services of dry-docking, retrofit and financing. I think Newport Shipping’s Hamburg presence is a perfect location for our turnkey solutions for retrofitting projects combined with the Group’s financing services,” says Ingmar Loges.