New boss for Stolt-Nielsen

COMPANY insider Hans Feringa will take over as president of Stolt Tankers & Terminals with effect from 1 December when Otto Fritzner retires as planned.

Hans Feringa has been Managing Director of Tanker Trading at Stolt Parcel Tankers Division since 2003. Prior to this he was Managing Director of Stolthaven Terminals Division (2000 to 2003) and Asia Pacific Regional Director, Stolthaven Terminals Division (1996 to 2000). Before joining Stolt-Nielsen S.A. in 1996, he was Commercial Director of Van Ommeren's Tank Terminal at Botlek, Rotterdam.

Stolt-Nielsen says in a statement: “This appointment follows the organisational changes announced on 20 July, 2007 aimed at enhancing the competitive advantage and operational efficiency across the Company. These include separating the former Stolt- Nielsen Transportation Services into two separate business units namely Stolt Tankers & Terminals (ST&T) and Stolt Tank Containers (STC).”