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.
Matthias A. Schoeller will succeed as co-Managing Director of UPT together with Christos Matarangas, who has been at the helm of UPT for over a decade already.
UPT, founded in 2003, is a well-known commercial and pool operator of product tankers in the Handy, MR and LR1/Panamax segments. The company operates out of offices in Hamburg/Germany, Limasso/Cyprus and Stamford in the US, which allows it to have close links to markets and customers at a global level.