Changes in the Management Team of TS Shipping
The Supervisory Board of TS Shipping OÜ has appointed Margus Raad as a new member of the Management Board, embarking on a journey to enhance international business development and sales. This appointment, effective for a term of three years, marks a significant step for the company.
Experience of Margus Raad
Valdo Kalm, the Chairman of the Supervisory Board, praised Margus Raad's comprehensive experience in the maritime sector. Kalm emphasized that Raad's expertise is a crucial asset as TS Shipping seeks to implement its strategic initiatives and pursue suitable offshore projects for its multifunctional vessel, Botnica.
A Strong Educational Background
Margus Raad, a graduate of the Estonian Maritime Academy, earned his degree in nautical sciences back in 2003. His career began onboard various vessels, where he honed his skills and built a strong foundation in maritime operations.
Transition to Management
In 2007, Raad joined Tschudi Ship Management AS. Here, he served as a quality and safety coordinator before rising to the position of deputy CEO. Since 2012, he has held the role of CEO at Tschudi Ship Management AS, showcasing his capabilities in leading and managing maritime teams effectively.
Current Management Board Structure
The Management Board of TS Shipping currently includes Vahur Ausmees as Chairman alongside Damir Utorov, who will serve until the end of November 2025. This leadership team is pivotal in guiding TS Shipping through its future ventures.
About TS Shipping and Tallinna Sadam
Tallinna Sadam stands as a prominent player in the Baltic Sea region, recognized as one of the largest cargo and passenger port complexes. Beyond passenger and freight services, Tallinna Sadam operates through its subsidiaries in various shipping capacities. Notably, OÜ TS Laevad provides ferry services linking the Estonian mainland with its largest islands. Additionally, OÜ TS Shipping is noted for chartering the versatile vessel Botnica, dedicated to icebreaking and offshore support services, both within Estonia and internationally.
Environmental Commitment
Adding to their profile, Tallinna Sadam is a shareholder of AS Green Marine, which specializes in waste management services, reinforcing their commitment to environmental sustainability.
Contact Information
For further details about TS Shipping or its recent appointments, please reach out to:
Angelika Annus
Head of Investor Relations
Tel. +372 5649 6230
Email: angelika.annus@ts.ee
Frequently Asked Questions
Who is Margus Raad?
Margus Raad is the newly appointed member of the Management Board of TS Shipping, bringing extensive maritime experience to the role.
What are Margus Raad's responsibilities?
He is responsible for international business development and sales within TS Shipping.
What is the term length for Margus Raad's position?
His term is set for three years, which reflects the company's long-term strategic goals.
What is TS Shipping known for?
TS Shipping specializes in providing icebreaking and offshore services, notably through its vessel Botnica.
How can one contact TS Shipping for more information?
Individuals can reach out to Angelika Annus, the Head of Investor Relations, via her email or telephone provided in the article.