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RAKKENES, LARSSON JOIN BOARD OF GORTHON LINES

RAKKENES, LARSSON JOIN BOARD OF GORTHON LINES

   Olav Rakkenes and H'kan Larsson have joined the board of directors of Gorthon Lines, the Swedish shipping company specialized in the transportation of forest products.

   Rakkenes, a former president and chief executive officer of Atlantic Container Line, has been appointed deputy chairman of Gorthon Lines. Larsson, the former chief executive officer of Schenker AG, has been elected chairman of the board of the Swedish stockmarket-listed company.

   Larsson succeeds Tuve Johannesson, who has been chairman of the board of Gorthon Lines since 2001.