Claus-Peter Offen reorganization

German Reederei Claus-Peter Offen said all containership, tanker and bulker activities would be consolidated under the CPO Holding name.
Claus-Peter Offen Holding will be led by Offen as CEO, with Hermann Klein as chief operating officer and Frank Bergert as CFO.
Hermann Klein resigned as CEO of ER Schiffahrt in December and said he was leaving in February when his contract ended. Frank Bergert is also joining from ER Schiffahrt as CFO.
Claus-Peter Offen controls more than 100 modern ships, added: "Our group is ready for the future. We will continue our dynamic investment and growth targets."
Claus-Peter Offen called the new organisation "optimal" and said he looked forward to the challenge.
Claus-Peter Offen the world’s largest independent manager of boxships, is hiving off its fleet of 17 gearless panamaxes in the belief that the size category “no longer has a future”.