Pioneer Marine Inc. announced changes in its senior management team. Torben Janholt, who has served as board member of the company since 2013, has been named as the new CEO of the company. Mr. Janholt is the former CEO and president of J. Lauritzen and the chairman of Danish Shipowners' Association (2005-2009).

In his new role, Mr. Janholt brings vast executive experience to Pioneer Marine. Korinna Tapaktsoglou has been appointed as chief financial officer assuming responsibility for all financing related matters. In her expanded role, Ms. Tapaktsoglou will be able to leverage her deep expertise across the group.

Dimitris Papoulis has been promoted to general manager, SVP of the company, most recently served as vice president of commercial operations, a position he held since 2013. Mr. Papoulis will oversee commercial and operations of the company. Sam Tsui is leaving the company to pursue other opportunities.