management


The Company was established with the aim to employ and maintain a small, focused and qualified management within the following predefined core activities;

Chartering
Finance and Investor Relations
Business Development
Monitoring and control of external suppliers

The Company intends to focus its in-house resources on key competence within the above activities and purchase other services, such as technical management, crew management, construction supervision and accounting services, from third party providers.
The Company is incorporated in Limassol, Cyprus.The Company has further one management company in Arendal, Norway and one rep.office in Singapore. As of year-end the current staff of the Company is 9 persons. During 2006 staff has increased within the Company’s core business; chartering, fleet management control and finance.

BOARD OF DIRECTORS


Name Position Duration
Svein Aaser
Bjørn Giæver
Frixos Savvides
Anna Cecilie Holst
Kathrine Fredriksen
Chairman of Deep Sea Supply Plc
Director of Deep Sea Supply Plc
Director of Deep Sea Supply Plc
Director of Deep Sea Supply Plc
Director of Deep Sea Supply Plc
May 2007
May 2007
May 2007
2005
May 2009

executive officers


Name Position
Finn Amund Norbye
Espen Skadal
Olaf Hafredal
Espen Sørensen
CEO
CFO
COO
Technical Director

FinnAmund Norbye,CEO – Chief Executive Officer;
Finn Amund Norbye has a long and international career within shipping and finance. The last 4 years he was CFO in Deep Sea Supply. From 2001-2006 he was CFO of Bergshav Management AS and from 1999-2001 he was Director and Head of Fortis Bank’s Shipping Division in Rotterdam. Prior to that, he worked 12 years with Christiania Bank’s Shipping department. From 1996-1999 he was head of the Bank’s Shipping Department in Singapore and from 1993-1996 he was Head of the Bank’s Shipping Department in London. Prior to joining Christiania Bank, Mr. Norbye has worked with Storebrand Finans, Norges Eksportråd (Stockholm), Electrolux (Bangkok). Mr. Norbye holds a Masters degree (Siviløkonom) from Norwegian School of Economics and Business Administration (NHH) and Stockholm School of Economics.

Espen Skadal,CFO – Chief Financial Officer:
Espen Skadal has an extensive experience from different investment and financing functions. From 2006-2010 he was Investment Director in Agder Energi AS and in charge of the corporate M&A activities and MD of Agder Energi Venture AS. From 1997-2006 he worked as Portfolio Manager and Investment Analyst in Orkla ASA Investment Division, including 3,5 years in Orkla Swiss Branch. From 1994-1997 he worked in DnBNOR as management trainee and account manager in the Oil&Gas department. Skadal holds an MBA in Finance from the Norwegian School of Economics and Business Administration (NHH), and is a Chartered Financial Analyst (CEFA/AFA) and Certified Portfolio Manager.

Olaf Hafredal,COO – Chief Operating Officer:
Olaf Hafredal has a long and extensive experience from the offshore supply chartering business. From 1971 to 1990, he worked as shipbroker with Johan G.Olsen ShipbrokersAS,
most of the time with the offshore department which he managed from 1982. In 1990 he joinedViking Supply ShipsAS as chartering manager.WhenViking Supply Ships sold its supply fleet to Sævik SupplyASA at the end of 1996, he followed the fleet and worked as chartering manager for Sævik Supply until the same fleet was sold on toTrico Supply ASA.Mr.Hafredal then started as chartering manager forTrico Supply, a position he hold until 2004. Before joining Deep Sea Supply ASA, Mr. Hafredal worked as chartering manager for Havila Shipping.

Espen Sørensen, Technical Director:
Espen Sørensen has a long and extensive experience from the offshore supply business.
From 1991 to 2004 he worked onboard offshore supply vessels and tankers, the last 8 years as a Chief Engineer mainly on large anchor handlers with Trico Supply ASA and from 2000 with Viking Supply Ships AS. In 2004 he joined a position as Technical Superintendent in
Viking Supply Ships AS, were he also was responsible in a new building projects.
Before joining DESS in 2007 Mr. Sørensen worked as a Technical Superintendent in
DFDS Lys Line Rederi A/S.