Eimskipafélag Íslands hf. - Changes board/management/auditors

Eimskip makes organizational changes

Eimskip has decided to alter the organizational chart in order to align its
operations to the variable business environment, to be able to better fulfil
customers' requirements and increased focus on ship management. 

The Operations and the Sales and Services units will be replaced by the Ship
Management and the Transportation Services units. 



SHIP MANAGEMENT

Ásbjörn Skúlason, former Vice President of Operations, will be the Vice
President of Ship Management, responsible for the management of the company‘s
fleet, along with chartering and trading of vessels and supervision of new
building projects. It is important to put additional focus on this segment of
the company since many large projects regarding renewal of the fleet are ahead. 

In relation to the organizational changes, Jóhann Steinar Steinarsson will be
appointed as Senior Manager with residence in Hamburg, Germany. 



TRANSPORTATION SERVICES

Matthías Matthíasson, former Vice President of Sales and Services, will be the
Vice President of Transportation Services, responsible for liner sales and
services to and from Iceland as before. Additionally, the responsibility of
projects relating to production management and bulk transport sale will be
added to the unit. 

Bulk Transport

Ingvar Sigurdsson will be the Senior Manager of Bulk transport, responsible for
bulk transport sales. Many large projects in Iceland are pending and it is
important for the company to attend to that development by increasing services
related to bulk transport sales and services. 

Production Management

Jóhann Helgi Sigurdsson will be the Senior Manager of Production Management,
responsible for Eimskip's production management in the North Atlantic. The main
tasks of the department will be to ensure the dependability and effectiveness
in the operation of the company's transporting system. 

Liner Sales, Logistic Sales, Registration and Documentation and Customer
Services, managed by Brynjar Viggósson, Nanna H. Tómasdóttir, Arndís Aradóttir
and Thórunn Marinósdóttir, will form a part of the Transportation Services, but
remain unaltered.