UPT Retirement

UPT United Product Tankers in Germany (UPT) has announced that after nearly 45 years in shipping and 17 successful years as one of the managing directors of UPT, Stefan Ciegelski has decided to retire from his present position by the end of June this year. Matthias Schoeller will succeed him as co-managing director of UPT together with Christos Matarangas, who has been at the helm of UPT for more than a decade already.