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2009 March 2   13:38

Maersk Tankers restructures Brostrom

Maersk Tankers is restructuring recently acquired Broström to become the manager of all tankers from both companies under 25,000 dwt. These ships will trade under the Broström name, commercially managed from Gothenburg, Sweden. Maersk says: “The purpose is to ensure that Broström will continue as a strong brand and further build on the Broström heritage.”
In the new set-up all vessels above 25,000 dwt, except for tonnage managed out of Broström’s Paris office, will be be integrated into Handytankers, which is Maersk Tankers commercial vehicle in this segment. The Handytanker pool is managed from Copenhagen, Denmark.
Maersk says that all technical and support functions in Broström and Handytankers are intended to be integrated with Maersk Tankers’ central organisation in order to have a cost-effective organisation.
“With this business model we will create two leading brands within the product tanker industry and have a lean organisational structure strengthening our competitiveness”, says Kristian Mørch, Chief Operating Officer of Maersk Tankers.
He adds: “The current state of the global economy represents extraordinary challenges in all industries, and as others we also have to reduce our costs significantly to remain competitive and make sure that we have the strongest possible platform for engaging those challenges”.
The proposed new joint organisation means that some of Broström’s current offices will close or be scaled down. The offices in Larvik and Holbæk are planned to close while Broström’s office in Singapore will reorganise and scale down. The office in Gothenburg is intended to end up with roughly the same amount of staff but the corporate functions and support functions will be scaled down, while the commercial functions will grow.
Around 70 positions are expected to be transferred or made redundant in Gothenburg, Larvik, Holbæk and Singapore, but new jobs will also be created, Maersk says.

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