Oceanteam adds new director to its board

  • Business & Finance

Oceanteam, a Norwegian-Dutch offshore service provider listed at the Oslo stock exchange, has informed that Bote de Vries has been appointed as director of its board. 

The company, comprised of Oceanteam Shipping and Oceanteam Solutions segments, said on Thursday that De Vries succeeds James Hill who stepped down. Hill has been a director on Oceanteam’s board since 2012.

The appointment of De Vries was approved by Oceanteam’s shareholders during an extraordinary general meeting on May 9.

According to the company, De Vries, working as an independent consultant for Finamar BV, has a vast experience in the financial sector and offshore-related industry. He holds a Master’s degree in Law from the University of Leiden, The Netherlands.

Currently, he is also a non-executive board member of Artilium in London and of Lloyds Fonds AG in Hamburg as well as a board member of Golden Close in Bermuda and North Atlantic Drilling Limited, also in Bermuda. He does not hold any shares in the company, directly or indirectly.

Oceanteam’s CEO Haico Halbesma says: “Mr. De Vries was presented to us by our bondholders. His appointment was one of the conditional terms the bondholders imposed in order to come to a final deal regarding the new bond loan agreement that was approved by a majority of them at the end of April 2017. We look forward to working with him.

“And at the same time we welcome Mr. de Vries as a Director, we say goodbye to Mr. James Hill who has contributed a great deal to the strategic direction Oceanteam has taken and the course it has kept under very severe market circumstances during the past years. We owe him a lot in this respect.”

Related news

List of related news articles