Organizational changes in Brostrom

The board of Broström has proposed a new organisational structure for the Swedish-based tanker company, in connection with the merger of the activities with the Maersk Tankers activities.

The new setup means that all vessels in the segment below 25,000DWT from both companies will trade under the Broström name, commercially managed from Gothenburg, Sweden. All vessels above 25,000DWT, except for tonnage managed out of Broström’s Paris office, are intended to be integrated into handytankers, which is Maersk Tankers’ commercial vehicle in this segment. The handytanker pool is managed from Copenhagen, Denmark. All technical and support functions in Broström and handytankers are intended to be integrated with Maersk Tankers’ central organization in order to have a cost-effective organization. “With this business model we will create two leading brands within the product tanker industry and have a lean organizational structure strengthening our competitiveness”, says Kristian Mørch, Chief Operating Officer of Maersk Tankers. The proposed new joint organization means that some of Broström’s current offices will close or be scaled down. The offices in Larvik and Holbæk are planned to close while Broström’s office in Singapore will reorganise and scale down.

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