Martin Helweg steps aside as P&O Maritime Logistics CEO

Martin Helweg, a prominent figure in the Middle East offshore sector, announced that he is stepping aside as CEO of P&O Maritime Logistics.

Helweg joined Topaz Energy and Marine as COO in 2017. Helweg remained COO through DP World’s acquisition of Topaz and its rebranding as P&O Maritime Logistics, before taking the CEO role in 2020. A regular speaker at Middle East events, Helweg has served as CEO at P&O Maritime Logistics for four years and is a board member at the Emirates Shipping Association.

Helweg told Seatrade Maritime News that CFO Prasad Narayan will take up the CEO role as he moves away from day-to-day operations at the company.

Announcing his decision on Linkedin, Helweg thanked the 3,500 members of the P&O team and their industry partners.

“After some incredible years as CEO at P&O Maritime Logistics, it is time for me to step aside and move towards new opportunities,” said Helweg.

The post attracted supportive comments from prominent figures across the Middle East and global offshore and shipping industries.

“My time in P&O has been filled with numerous highlights, and I am particularly proud of our team's resilience. Despite the challenges in the world and our industry, we have consistently delivered beyond expectations, surpassing our targets every year without fail. 

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“Now more than ever, there are attractive and significant opportunities in our markets that look for the best platform to materialize, and I am determined to continue propelling our industry, companies, and colleagues forward,” said Helweg.

At time of publishing, P&O Maritime Logistics had not responded to a request for comment.