Berglund Joins OSG

Monday, July 11, 2005
Overseas Shipholding Group, Inc. appointed veteran shipping executive Mats Berglund as Senior Vice President to lead OSG's Crude Transportation Strategic Business Unit. In this newly created role, he will be responsible for OSG's VLCC, Aframax and Panamax tanker operations. Berglund will relocate to the United States and be based out of OSG's corporate headquarters in New York City, New York. Morten Arntzen, President and CEO of OSG said, "Mats' broad shipping experience, leadership, financial acumen, innovation and ability to develop strong customer, business and governmental relationships is exceptional." Mr. Arntzen continued, "The addition of Mats to our management team supports OSG's platform for continued growth."

Mats Berglund commented, "I am very excited to join OSG, an industry leader with world class operations and financial strength. This is an exceptional point in time in the shipping industry and I am confident that my contributions to the already-strong management team will support the Company's continued success."

Since 2002, Mr. Berglund, 42, has been President (Vice President from 2000 to 2002) of Stena Rederi AB of Sweden, which supports and coordinates the shipping activities in Stena AB, one of the largest privately-held shipping companies in the world. From 1997 to 2000, he was President, and during 1995 to 1996 Vice President, of StenTex L.L.C., a unique joint venture between Texaco and Stena, where he developed a successful first class commercial tanker organization that more than doubled its business under his leadership. From 1991 to 1995, Mr. Berglund was Vice President and CFO of the publicly listed tanker company, Concordia Maritime AB. Most recently, Mr. Berglund structured and led the successful initial public offering of Arlington Tankers and the listing of its common stock on the New York Stock Exchange, a transaction that has become a trend setter in the shipping industry.

Maritime Today


The Maritime Industry's original and most viewed E-News Service

Maritime Reporter June 2016 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

People & Company News

UASC Shareholding States Vote to Back Hapag-Lloyd Merger

United Arab Shipping Company (UASC) said its six shareholding states backed a merger deal with German container shipping line Hapag-Lloyd AG at a meeting on Wednesday.

List: Top Five UK Ship Owners

Following last week's landmark referendum results, VesselsValue has compiled a list of the top five U.K.-based shipowners and their total fleet value in USD billions.

FMC's Doyle Addresses VGM Rules

U.S. Federal Maritime Commission (FMC) Commissioner William P. Doyle issued a statement on the upcoming implementation of the SOLAS Convention’s verified gross mass (VGM) requirements:   On Friday,

Navy

Future LCS Charleston’s Keel Authenticated

A ceremony was hosted to celebrate the keel authentication of the U.S. Navy's future USS Charleston (LCS 18), the ninth Independence variant littoral combat ship, June 28.

This Day In Naval History: June 29

1860 - The steamer USS Mystic, commanded by William E. LeRoy, captures the slaver, Thomas Achorn at Kabenda, Africa and send her to New York.    1862 - During the Civil War,

Fundraiser Held for USS Gerald R. Ford Crew

Blackmer, a company in positive displacement and centrifugal pump and reciprocating compressor technologies, has a relationship with the U.S. Military that dates

 
 
Maritime Contracts Naval Architecture Navigation Pipelines Pod Propulsion Salvage Ship Electronics Ship Simulators Shipbuilding / Vessel Construction Winch
rss | archive | history | articles | privacy | contributors | top maritime news | about us | copyright | maritime magazines
maritime security news | shipbuilding news | maritime industry | shipping news | maritime reporting | workboats news | ship design | maritime business

Time taken: 0.1059 sec (9 req/sec)