The company reported that management continuity and leadership of the company’s technical and ship management organisation is assured by the Director, Fleet and the existing team.
Kocherla has indicated his intention to retire and confirms that he has no disagreement with the board and there is no matter that needs to be brought to the attention of holders of securities of the company in respect of his resignation.
The board has expressed its sincere gratitude to Kocherla for his valuable contribution to the company and his efforts over the years.
