Shipping company Scan-Trans Worldwide announces new chief executive officer with immediate effect. After a successful turn-around process, the board of directors have appointed Lars Juhl as CEO.

Scan-Trans Worldwide has been through turbulent times the last couple of years, but now sees a positive development in both order intake and financial results. The board of directors have therefore decided to perform a strategic change in management and appoint Lars Juhl as new CEO succeeding Kim Vestergaard-Hansen.

"We have been very satisfied with the work Kim Vestergaard-Hansen has put into the turn-around process at Scan-Trans Worldwide. Given his experience in the management of companies going through processes like this, he has successfully trimmed the company in close cooperation with the owners, and leaves Scan-Trans Worldwide ready to tackle any challenges which lie ahead," says Torben Østergaard-Nielsen, Chairman of the board at Scan-Trans Worldwide.

Apart from trimming the organization and closing down several offices, Kim Vestergaard-Hansen has also introduced new methods for proactive sales and helped Scan-Trans Worldwide identify new areas of business.

This leaves the company resilient today, and the board of directors believe it is time to conduct a change in management, to ensure leadership with a stronger background in shipping.

"During the turn-around process it has been a great help to have a CEO with a different background from most of the other employees and owners at Scan-Trans Worldwide. However, with the positive development we are seeing in the company now, and the professional challenges in the market today, the board of directors believe that a change in management is necessary to ensure prosperity going forward," explains Torben Østergaard-Nielsen.

The change in management is conducted by mutual agreement between all parties and will take effect immediately.

Scan-Trans Worldwide is an international shipping organization specifically focused on project, breakbulk and bulk cargoes, trading a fleet of more than 40 vessels in the 3,000dwat to 12,000dwat segment through a global network of 10 offices.

As one of the original founders Lars Juhl has been with Scan-Trans Worldwide since 1993. All through his career Lars Juhl has been known as a both competent and innovative shipping-professional and he is still today an active part of the owners behind Scan-Trans Worldwide. Apart from his position at Scan-Trans Worldwide, Lars Juhl serves on a number of boards throughout the Danish business community and is a frequent commentator and panellist in international shipping.

Requests for further information and interviews can be directed to Kreab Gavin Anderson, communications partner for Scan-Trans Worldwide.