Gernot Ruppelt to Take Over as Ardmore Shipping CEO
Product and chemical tanker shipping company Ardmore Shipping Corporation on Monday announced that its current senior vice president and chief commercial officer Gernot Ruppelt will succeed company founder Anthony Gurnee as CEO.Gurnee will retire on September 16, 2024, at which point Ruppelt will step into the CEO position and current CFO Bart Kelleher will take on the additional role of president. Ruppelt will maintain responsibility for Ardmore's commercial platform, and Kelleher will maintain his role as CFO until successors are named for the positions. Gurnee will remain available to Ardmore
Malte Willer to Lead E&S Tankers
Jan Eghøj as head of European short-sea shipping company E&S Tankers, the company announced.The handover process will be completed by mid-August when Eghoej will leave the company and Willer will take over as managing director. Willer brings to the role a strong knowledge of the European chemical tanker market, E&S Tankers said.The company also revealed that Christian Vang will take up the role of commercial director, heading the chartering department. Vang previously managed all spot activities within E&S Tankers.E&S Tankers is a joint venture launched in 2021 between Stolt-Nielsen
Odfjell Promotes First Female Captain
Odfjell announced it has promoted its first female captain in the history of the 109-year-old company. The Norwegian chemical tanker company said Lise Henriksen has been named captain of the Bow Sky."On behalf of Odfjell, I congratulate Lise on her well-deserved promotion and thank her for paving the way for women in the maritime industry,” said Odfjell CEO Harald Fotland. "Her expertise and leadership abilities have led her to this prestigious role – a historic appointment at Odfjell and in an international maritime field currently dominated by men. We are thrilled that we
Odfjell Names Jensen as Chief Sustainability Officer
as a global operator. We are pleased that Øistein Jensen has accepted this challenge. Sustainability is an important focus area for Odfjell, and we have ambitious targets for the coming years,” said Odfjell CEO, Kristian Mørch. “As one of the world’s largest chemical tanker companies, Odfjell contributes to global trade. With this comes great responsibility for our employees, our investors, our customers, the local communities where we operate, and for the global environment”, the company states in its sustainability strategy.“I look forward to contributing
APC Announces Retirement of Harrington
with Advanced Polymer Coatings. In 1994 he was approached by Don Keehan, Chairman of Advanced Polymer Coatings, to further develop the Marine Coatings industry with APC’s MarineLINE high-performance coating. Today MarineLINE is the industry leader in high performance coatings for the chemical tanker industry.APC President David Keehan says, “Joe Harrington has had a remarkable track record of 59 years in the coatings industry. We thank Joe for his excellent service to APC and our MarineLINE customers.”Mr. Harrington’s first position in the coatings business was from
Chembulk Tankers Hires Two SVPs
of Senior Vice President of Trading – West and Senior Vice President of Trading - East. The two will be responsible for oversite of fleet allocation, chartering and client relationships in their respective hemispheres reporting directly to Chief Commercial Officer Steve Laino.Allen, a chemical tanker trader with nearly two decades of experience both at sea and ashore in commercial and operational roles, was most recently Vice President of Chartering at Fairfield Chemical Carriers.Peerless, a veteran of the Asian markets, has three decades’ experience in the commercial trading side
Laino Named Chembulk CCO
, based out of the Southport office and responsible for all facets of our commercial strategy worldwide, including chartering, projects and client relations. Laino comes to Chembulk with more than two decades of diverse experience in the maritime transportation industry, with experience in the chemical tanker sector. Laino has held roles in operations both at sea and ashore, in commercial capacities as a tanker broker, projects broker and shipowner. Most recently, Laino held the role of Chief Operating Officer of Chemical Transportation Group (CTG), which he founded together with two
Stolt-Nielsen Names Grüner-Hegge CFO
as Director of Tanker Projects for Stolt-Nielsen Transportation Group in Rotterdam from 2004 to 2007, where he was responsible for capital investment projects, including the sale and purchase of ships. Before that he was General Manager, Stolt NYK Asia-Pacific Service (SNAPS), a joint venture chemical tanker company based in Singapore. Grüner-Hegge received his MBA in Finance from The Wharton School of the University of Pennsylvania, and his bachelor's degree in Finance from the University of Massachusetts, Amherst. In addition to serving as CFO of Stolt-Nielsen for the last
Noonan Named CMA's 2017 'Commodore'
in November 2015. Jack is a graduate of the US Merchant Marine Academy at Kings Point. Following graduation, he sailed for six years as a Deck Officer with the U.S. Flag tanker fleet of Texaco ultimately advancing his USCG license to Chief Mate. He has 30+ years’ experience in the chemical tanker business, having served in operations and chartering positions with chemical tanker owner Stolt-Nielsen and ship brokerage firm Sound Tanker Chartering (now SPI Marine). He also served as Vice President of Clipper Group’s Copenhagen Tankers and subsequently President of Clipper Tankers
Odfjell Announces Personnel Reductions
In an announced effort to improve its financial results through a more competitive cost structure, Odfjell SE began a review of all aspects of its business model in May 2014 targeting organizational changes to increase competitiveness in the chemical tanker market. The company’s board has today approved a restructuring plan which, fully implemented, is estimated to improve the net result by in excess of $100 million on a yearly basis within 2016. The cost-saving initiatives are related to operating expenses, general and administrative expenses, trade optimization and bunker consumption
