ESS strengthens Board of Directors with four senior appointments

News Release Electronic Shipping Solutions ESS June 17, 2011

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Latest
additions bring fresh expertise in container shipping, ports, finance and legal
sectors to further enhance ESS mission to transform shipping
documentation.
 
VALETTA, MALTA, June 16, 2011:
<A
href="redir.aspx?C=8008cc51a8704658a3b85579bdcb5ec6&URL=http%3a%2f%2fwww.essdocs.com%2f"
target=_blank>Electronic Shipping Solutions</A>, the
leading provider of critical electronic shipping documents, is pleased to
announce four senior appointments to its main Board.
 
The additions bring a wealth of
experience from the shipping, ports, legal and finance sectors to ESS and
underpin its expansion into the container shipping market, following the
successful roll-out of the ESS CargoDocs solution for electronic bills of lading
in the bulk liquid markets.
 
Well-known names from the ports and
 liner shipping sector André Toet and Nigel Pusey join legal
expert Noel Buttigieg-Scicluna on the board. Finance specialist Robert Mai
succeeds James Fields who is stepping down.
 
Alex Goulandris, CEO of Electronic
Shipping Solutions said:
 
“I am
delighted to welcome Andre, Nigel, Noel and Robert to the ESS Board and I would
like to thank James for his time and commitment to us. I am confident that
together, our new members will bring us an additional level of expertise that
will help ESS progress from its initial success into new markets and globally.
The last 12 months have seen the trend towards eDocs pick up speed and I think
we are at an inflection point where we start to see shipping and trade embrace
new, more efficient ways of handling key trade and compliance
documents.”
 
André Toet brings 25 years of
maritime experience at P&O Nedlloyd, Maersk and Port of Rotterdam to the ESS
board. By the end of 2011 he will be appointed as the new CEO for SIPC (Sohar
Industrial Port Company) in Oman. He has held several supervisory board
positions, of which PortInfolink, subsequently Portbase, directly supports his
role as non-executive board member for ESS.
 
Nigel Pusey was until recently CEO of
Container Inland Services, a division of the AP Moller–Maersk Group, probably
the most highly regarded company active in the shipping, energy and offshore
markets. Previously he has held senior management roles in Maersk Shipping,
P&O Nedlloyd and was non-executive Chairman of
INTTRA.
 
Robert Mai is Vice President of
Klingenstein, Fields & Co, a leading investment advisory firm, where his
role includes managing the firm’s Alternative Investments portfolio and fixed
income trading platform. 
 
Dr Noel Buttigieg-Scicluna is a
consultant with EMD, a multidisciplinary firm bringing together legal and
financial services and related disciplines and a long serving Board Secretary on
a number of Malta-based companies and interests. His previous experience
includes being a Minister in the Malta government and an Ambassador to numerous
European countries.
 
Barry
Williams, Chairman of Electronic Shipping Solutions
said:
 
“Following its initial successes in the oil and energy
sectors ESS now intends to roll-out its solutions into new global markets, most
particularly in the liner shipping sector. These appointments, together with the
strength of the existing Management Team led by Alexander Goulandris, are
testament to our commitment to implementing more efficient methods of trade
document and data production and handling throughout the
industry.” 
For more
details on the ESS board, please visit <A
href="redir.aspx?C=8008cc51a8704658a3b85579bdcb5ec6&URL=http%3a%2f%2fwww.essdocs.com%2four_company%2fboard"
target=_blank>http://www.essdocs.com/our_company/board</A>.
 
ESS
CargoDocs enable forwarders, shippers, carriers, surveyors and agents to replace
all paper shipping documents such as the Bill of Lading, Certificates of
Quality, Certificates of Quantity, Timesheet, Ullage Report etc with original
electronic documents.  These eDocs are originated, reviewed, signed,
endorsed and produced back to the carrier online through the ESS eDocs
Exchange.
 
CargoDocs
have been live since the start of 2010 with oil majors and trading companies
including Shell, BP, ConocoPhillips, ExxonMobil, INEOS, Mabanaft, Morgan Stanley
and owners including Brostrom Tankers, Teekay Tankers and Hellespont using the
solution on shipments from terminals and refineries in the UK and US. ESS has
broadened its CargoDocs offering to include a version for the ARA tank barge
market as well as releasing JetDocs, a dedicated solution to meet new regulatory
requirements for traceability  of Jet Fuel cargoes.

 
High
resolution pictures of Alex Goulandris, Barry Williams, Andre Toet and Nigel
Pusey are available. </DIV></BODY></HTML>