UNITED PRODUCT TANKERS APPOINTS MATTHIAS SCHOELLER AS NEW CO-MANAGING DIRECTOR

UPT United Product Tankers GmbH & Co. KG in Germany (“UPT”) has announced that after nearly 45 years in shipping and 17 successful years as one of the Managing Directors of UPT, Stefan Ciegelski has decided to retire from his present position by the end of June this year.

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