Siem Offshore elects two board members as Wallace steps down

Norwegian offshore vessel operator Siem Offshore announced that Peter Ditlef Knudsen and Kenneth Ross have been elected as new board members, while its long-serving member, John Wallace, has resigned from his position.

Previously chairman of Fred. Olsen and Fred. Olsen Travel, John Wallace has served on Siem Offshore’s board of directors since 2014. He is also a board member of Secunda Canada, a wholly owned subsidiary of Siem Offshore.

Meanwhile, the two new board members have been elected for a period until May 2022.

Knudsen is the CEO of NorthCape Capital and NorthCape. He is also the deputy chairman of Uglands Rederi, a board member of American Shipping Company, and a board member of Paretobank. He was previously the chairman of Rem Offshore and a senior vice president in Nordea Bank’s shipping, offshore, and oil services division.

Ross is the COO and head of shipping in the Siem group, holding the overall responsibility for shipowning and operational activity as well as the development of solar renewables investmentsship. He is the CEO of Siem Shipowning and Siem Car Carriers.

Adis Ajdin

Adis is an experienced news reporter with a background in finance, media and education. He has written across the spectrum of offshore energy and ocean industries for many years and is a member of International Federation of Journalists. Previously he had written for Navingo media group titles including Offshore Energy, Subsea World News and Marine Energy.
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