New CEO for Jason Shipping

Peter D Knudsen has resigned as CEO of Jason Shipping ASA (formerly Camillo Eitzen & Co). He will be replaced as from February 1 by Aage Figenschou, currently chairman of the board, who will step down from the board on the same date.

"We would like to thank Peter D Knudsen for his contribution to the company during more than three years of a demanding times in the shipping industry," Figenschou says. "At this stage, we understand Peter's decision to seek new professional opportunities elsewhere."

Aage Figenschou will be looking at the Impact of market downturn on chemical and product tanker companies at the 4th Chemical and Product Tanker Conference (6-7 March 2012).