Change in corporate management

Ole Heggheim, Chief Financial Officer and executive vice president of STX Europe, has decided to resign from his position. Byung-Ryun Woo has been appointed as new CFO, and Hans-Jørgen Wibstad has been appointed as senior vice president for Performance, Budget and Control.

Byung-Ryun Woo comes from the position as CFO with STX Panocean in South Korea, which is one of the world's largest ship operating companies. Hans Jørgen Wibstad comes from the position as managing director for DFDS Lys Line AS.  He has held several CFO and management positions within shipping, offshore and banking.