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Saturday, January 19, 2019

Odfjell Se News

Harald Fotland (Photo: Odfjell)

Fotland Named COO at Odfjell

Odfjell SE has appointed Harald Fotland as chief operations officer (COO), effective January 5, 2018.    The Norwegian tanker shipping firm said it is introducing a COO function to ensure full integration between ship management and commercial operations. “With the new structure, Odfjell Tankers will have common and aligned goals across all functions relating to chemical tankers,” the company said.   Fotland joined Odfjell as chief of staff in 2010, and in 2015 was appointed senior vice president of Odfjell Tankers. He has also held the position as intermediate senior

Helge Olsen (Photo: Odfjell SE)

Odfjell SVP Olsen Steps Down

Norway based shipping and tank terminal company Odfjell SE said its Senior Vice President Helge Olsen will step down from his role as Head of Ship Management, effective January 9, 2017.   Olsen, who has been with the company since 2000, holds no Odfjell shares or options.   Harald Fotland, SVP Odfjell Tankers, has been appointed to temporarily cover the position as SVP Ship Management until Olsen’s successor is in place.

Kristian Mørch (Photo: Odfjell)

Odfjell Board Announces New CEO’s Start Date

Odfjell's new president and CEO Kristian Verner Mørch to start August 1, 2015    Kristian Verner Mørch will take up his new position as president and CEO of Odfjell SE from August 1, 2015, the company’s board of directors announced. His appointment was announced in May 2015.   Mørch, a member of the board of Odfjell SE since May 2014, will step down as board director of the company from the same date.   Mørch is Danish citizen with more than 27 years' experience in the shipping industry, of which more than 10 years have been in senior managemen

Kristian Mørch (Photo: Odfjell)

Odfjell Names Mørch President, CEO

The board of directors of Odfjell SE has appointed Kristian Mørch as the company's new president and CEO. He will succeed current president and CEO Tore Jakobsen by November 1, 2015.   Mørch is a Danish citizen and presently holds the position as co-CEO of Clipper Group. He has previously been COO of Maersk Tankers, and has also held other management positions in A.P. Moller-Maersk. Mørch holds an MBA from IMD (Switzerland), and is an AMP graduate from Harvard Business School. He has been a member of the Board of Odfjell SE since May 2014.   Mørch has more

Photo courtesy of Odfjell

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

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