Malte Willer to Lead E&S Tankers
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 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