Mr Coles, the outspoken and oft-publicised shipping industry front man has resigned from his role at the Hong Kong-based ship management company, saying he wants to "focus on putting something back and on the welfare and rights of seafarers"
Wallem Group made the announcement that its chief executive had resigned and said Mr Coles would be leaving the Wallem Group "shortly".
Mr Coles had acted as chief executive for Wallem Group for 2.5 years, taking the helm in 2018 after leaving Transas.
Wallem Shipmanagement managing director John Kaare Aune will take over Mr Coles’ role as chief executive of Wallem Group "on an interim basis and until further notice," the company said.
Wallem’s statement on Mr Coles’ departure referenced the CEO’s recent high-profile advocacy efforts on behalf of seafarer rights. Mr Coles’ Twitter feed has seen a litany of his posts and replies regarding the plight of seafarers since the pandemic set in, frequently calling out governments for failing to classify seafarers as key workers.
"As many will be aware, Frank has been very active in highlighting the plight of seafarers during the Covid-19 pandemic and now wishes to become more involved in promoting their welfare, as well as pursuing other opportunities," the statement said.
Mr Coles has also been a vocal advocate for digitalisation in the shipping industry, and Wallem’s statement made reference to his efforts to bring digital change to their company.
"During his 2.5 years at Wallem, Frank has initiated many changes aimed at enhancing customer service, obtaining operational efficiencies and improving safety. We wish Frank success for the future," the statement said.
Mr Coles was quoted as saying “I am proud of the changes I have brought to Wallem and for the advances we have made. After all these years in the maritime industry I would now like to focus on putting something back and on the welfare and rights of seafarers.”
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