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Paddy Rodgers standing down as ceo of EuronavPaddy Rodgers standing down as ceo of Euronav

One of shipping’s most outspoken executives Paddy Rodgers is standing down as ceo of tanker owner Euronav.

Marcus Hand, Editor

February 4, 2019

1 Min Read
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Rodgers plans to stand down as ceo this year but will stay on at the helm of the company until a successor is found. He has spent some 18 years at the firm and has become well known for his strong views on the industry and the market, most recently for his stance against scrubbers as a way to comply with the IMO's 2020 sulphur cap.

Commenting on the decision Rodgers said:“The company has progressed from a family operation with 17 vessels to the largest crude tanker company in the world with 73 vessels, listed on both Euronext and NYSE.

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“Having now completed in full the Gener8 merger I wish to pursue other opportunities and believe it is an appropriate time to hand over the baton of leadership of a strong and best-in-class large crude tanker business.”

Carl Steen, chairman of Euronav said: “We respect Paddy’s decision to step down after transforming Euronav under his stewardship. Euronav is in a strong position with sector low leverage, substantial liquidity and operational flexibility to take on the challenges from the tanker market going forward.

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About the Author

Marcus Hand

Editor

Marcus Hand is the editor of Seatrade Maritime News and a dedicated maritime journalist with over two decades of experience covering the shipping industry in Asia.

Marcus is also an experienced industry commentator and has chaired many conferences and round tables. Before joining Seatrade at the beginning of 2010, Marcus worked for the shipping industry journal Lloyd's List for a decade and before that the Singapore Business Times covering shipping and aviation.

In November 2022, Marcus was announced as a member of the Board of Advisors to the Singapore Journal of Maritime Talent and Technology (SJMTT) to help bring together thought leadership around the key areas of talent and technology.

Marcus is the founder of the Seatrade Maritime Podcast that delivers commentary, opinions and conversations on shipping's most important topics.

Conferences & Webinars

Marcus Hand regularly moderates at international maritime events. Below you’ll find a list of selected past conferences and webinars.

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