New CEO for Knot Offshore

New CEO for Knot Offshore

Athens: John Costain has been named as the new CEO and CFO of NYSE-listed Knot Offshore Partners, effective June 1.

Outgoing CEO Arild Vik announced his decision to step down from his position on February 2; he leaves to “pursue other interests outside of the partnership”.

Costain will resign from his current position as a class III elected director on the partnership’s board to assume the new role.

He will be replaced on the board until the annual meeting of unitholders in 2016 by Simon Bird, who has been chief executive of Bristol Port Company since 2000.

Bird is also a director of Bristol Bulk Company, chairman of UK Major Ports Group, a vice-chairman of Maritime UK and a member of the Strategic Advisory Group of the Royal Navy.

Holly Birkett

Holly is Splash's Online Editor and correspondent for the UK and Mediterranean. She has been a maritime journalist since 2010, and has written for and edited several trade publications. She is currently studying for membership of the Institute of Chartered Shipbrokers. In 2013, Holly won the Seahorse Club's Social Media Journalist of the Year award. She is currently based in London.

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