Former president of asset manager Mjølner Ship Management of New Jersey, Kevin Wise, has been appointed the US head of tankers for the world’s largest independent shipbrokers Simpson Spence Young (SSY).
Mjølner Ship Management chief executive Robert J Lyons said "Kevin’s positive contributions to the company since he joined in 2013 have been impactful and substantial. We wish him well and look forward to working co-operatively with Kevin as he assumes his new role with Simpson Spence Young."
Mr Wise will be based in Long Island, New York, and begins the new role on 21 January. He will report to SSY tankers managing director Rupert Lawson.
SSY has been expanding its tanker team with the appoinment of Mark Driscoll to head up its new office in Madrid.
Commenting on the new appointment, Mr Lawson said “The Americas will be a key area of future tanker trade growth, as US crude output expands boosting US Gulf exports. Crude supply flows from North and South America are increasing, especially to Asia, which, coupled with strong regional clean product demand, offers greater trading opportunities.”
Simpson Spence Young chairman Mark Richardson added “Kevin has a vast amount of experience in this field and we are delighted that he is joining us. His proven track record in driving change and expansion is a great match and reflects our ambitious growth plans and strategy.”
The SSY US tankers team is based in Long Island, New York and in Houston, Texas. The teams specialise in all deepsea chartering activities. Simpson Spence Young also has tanker chartering and operations teams located in London, Singapore, India and Madrid.
The role of US crude oil exports in the Asia will be discussed at the Asian Tanker Conference in Singapore in February.