Thu 12 Apr 2012, 07:31 GMT

Baltic Oil appoints Finance Director


Adrian Simpson joins Baltic Oil Terminal's board of directors.



Baltic Oil Terminals Plc has announced that Adrian Simpson, presently CFO, has joined Simon Escott, Richard Healey and Louis Castro on the board as Finance Director, with effect from 11 April 2012.

Simpson, aged 52, is a Fellow of The Institute of Chartered Accountants and has extensive experience in accountancy and financial management having trained with Spicer and Pegler and worked with Coopers and Lybrand and subsequently with Deloitte. He was a partner with Mazars for 15 years where he managed a portfolio of clients in several different industries.

Richard Healey, Chairman, commented: "My fellow directors and I are delighted that Adrian has agreed to join the board. He has already made a strong contribution to the company and his considerable experience in management as well as accountancy will be invaluable as we seek to deliver our growth strategy."

Simpson is currently a director of Berkeley Wood Management Company Limited and of Simpson & Associates (Accountants Limited). He was previously a designated member of Adrian Simpson & Associates LLP.


Spirit of Toulouse vessel. Norsepower installs first rotor sail aboard methanol-powered ro-ro vessel built for Airbus charter  

The Spirit of Toulouse will carry six rotor sails alongside dual-fuel methanol engines on a transatlantic route.

Mercedes Pinto truck-to-ship (TTS) bunkering at S.C. de Tenerife. Baleària Canarias completes first truck-to-ship LNG bunkering for fast ferry at Tenerife  

Mercedes Pinto received around 600 MWh of LNG via two tanker trucks simultaneously.

O Bunkering logo. O Bunkering claims 15-minute marine lubricant delivery at Duqm  

Omani supplier says local stock enables rapid turnaround for vessel operators.

Shenghang Yongle vessel. World's first operational ammonia bunker vessel enters service  

Converted 5,500-cbm gas carrier has received the first ammonia bunkering class certificate.

Philippos Ioulianou, EmissionLink. Shipowners risk financial exposure by delaying EU allowance transfers, EmissionLink warns  

EmissionLink says last-minute EUA compliance habits are creating avoidable financial and commercial risk.

Vinssen and WE Tech Solutions MoU signing. South Korea’s Vinssen signs MoU with Finland’s WE Tech Solutions to target European marine electrification market  

The agreement combines hydrogen fuel cell systems with advanced power conversion and management technology.

Steel cutting ceremony of vessel with builder's hull no. CHB2053. Changhong International starts building 21,700-TEU LNG dual-fuel container ship for MSC  

Vessel is described as the largest container ship currently under construction in Zhejiang Province.

MSC Leticia X naming and delivery ceremony. Changhong International delivers fifth MSC LNG dual-fuel boxship 324 days early  

Chinese shipyard hands over 10,300-TEU vessel to MSC well ahead of contract schedule.

Chang Ping Yuan vessel. Cosco Shipping names 88,000-cbm VLGC Chang Ping Yuan with dual-fuel LPG propulsion  

Owner claims 20% CO₂ reduction and Panama Canal compatibility across both lock systems.

World Fuel logo. World Fuel seeks senior marine fuels sales executive in London  

Position requires minimum of 10 years' experience in marine fuels, marine energy, or shipping.