Stolt-Nielsen Announces Organizational Changes

Friday, June 18, 2004
Stolt-Nielsen Transportation Group Ltd., a wholly owned subsidiary of Stolt-Nielsen S.A. (Nasdaq: SNSA; Oslo Stock Exchange: SNI), today announced organizational changes aimed at increasing both the Company's service capabilities to customers and its competitive advantage in the global marketplace for parcel tanker and related services. Otto H. Fritzner, SNTG's newly appointed chief executive officer, said: "The enhancements we are announcing today will increase the efficiency of our operations and enable SNTG to provide better service to its customers worldwide. By realigning our operations, maximizing the inherent strengths of our human resources and optimizing our cost structure we will extend our position as the high-quality, high-value leader in the industry." The planned changes, which will take place over the next nine months, will create the following organizational structure: * SNTG's global operations will be organized into three regions - the Americas, administered from Greenwich, Connecticut; Asia-Pacific, administered from Singapore; and Europe, the Middle East, India and Africa (EMEIA), administered from Rotterdam, SNTG's corporate headquarters. * SNTG's Indian Ocean Service and the Europe-to-Asia Pacific Service will be operated out of Rotterdam, to be closer to the Company's customers in the fast-growing EMEIA region. Customers in North and South America will continue to be served from Greenwich, SNTG's second-largest office after Rotterdam. * Certain staff functions will be relocated to SNTG's corporate headquarters in Rotterdam.
Maritime Reporter June 2015 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

People & Company News

Aberdeen Pupils Peek into Subsea Oil & Gas Technology

Pupils at an Aberdeen primary school were given a rare insight into the depths of the oil and gas industry’s subsea sector after getting to sit in the driving

AVEVA, DNV GL's Sesam Integration Cuts Cost

Integration of Aveva and DNV GL's Sesam Reduces Costs in Maritime and Offshore Engineering. Engineers designing ship hulls and offshore floaters can now save

FORAN for Pertamina's Future Ships

FORAN has been chosen by state-owned company PERTAMINA to review the design of their future oil product carrier ships, under construction in a shipyard with the FORAN System.

 
 
Maritime Careers / Shipboard Positions Maritime Contracts Maritime Security Offshore Oil Pipelines Port Authority Ship Electronics Ship Repair Ship Simulators Sonar
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: 0.1382 sec (7 req/sec)