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 September 2015 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

People & Company News

Seadrill Hopes to See Market Turn in 2017

Offshore rig driller Seadrill is facing another two years in the doldrums but hopes the international rig market could turn around in 2017.   Rig rates have more

Singapore Delegation Visits ACE Winches

ACE Winches hosted a delegation from SPRING Singapore to its Towie Barclay Works facility for a visit to share an overview of its products and services, including

Ukraine Sees Smaller Maize Exports to China

Ukrainian maize exports to China under a $1.5 billion loan-for-grains deal could be significantly below an expected 2 million tonnes this year, as Beijing appears to want less of the commodity,

Maritime Careers / Shipboard Positions Maritime Contracts Maritime Security Maritime Standards Offshore Oil Pipelines Pod Propulsion Salvage Ship Simulators 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: 0.1381 sec (7 req/sec)