Dieter Rohdenburg reveals details about the merger – the structure, staff and headquarters of the new entity

Dieter Rohdenburg, CEO of InterMaritime Shipmanagement, talks about the new entity that followed Intership Navigation’s merger with Interorient Shipmanagement and Donnelly Tanker Management, and how he expects it to affect the companies’ clients and staff. He also reveals details such as the new entity’s structure and headquarters.

How did the merger between Intership Navigation, Donnelly Tanker Management and Interorient Shipmanagement come about?

Both Intership and Interorient share the same historic development, being family-owned ship owning businesses which branched into third-party ship management. Whilst the management of both companies has been on friendly terms for many years the discussion over possible synergy effects deriving from a joint operation intensified after I took over Intership from the Hartmann family beginning of this year. Given the long relationship, the discussions went smoothly and an agreement was concluded within several months.

What will the structure of the new company, InterMaritime Shipmanagement, be? What positions will you and Mr Themis Papadopoulos hold?

Themis Papadopoulos and myself will form the shareholders’ / supervisory board. The top management will comprise of myself as CEO, Michael Elwert (COO), Nicos Paneras (Group CFO) and Virginia Mastoroudes (CFO), with the department head level made up of professionals from both companies.

Will the three companies’ staff be merged?

All staff will be employed by the new entity, Intermaritime Shipmanagement, and physically be merged in January 2025. The client-facing teams will remain unchanged and continue to work with their respective clients / vessels. For regulatory reasons, the legacy companies (DOC holders) will continue to operate for some time in parallel with the new entity, sourcing manpower from Intermaritime.

Where will the new company’s offices be based?

The offices of the company will be the present premises of Interorient on Franklin Roosevelt Str. in Limassol.

What benefits are you expecting to arise from this merger?

There are numerous benefits. The companies not only share the same history, values and culture, but they are also very complementary in many ways: the client base is diverse with little overlap, both companies manage specialised vessels not managed by the other entity, the geographical footprint is complementary boasting offices in the USA, Germany, Poland, Latvia, Ukraine, Cyprus, Singapore and the Philippines (with additional representation in Japan and Australia).

The clients will benefit from an enlarged network, broader range of services, increased operational efficiency and greater innovation whilst the staff will benefit from increased career development opportunities, wider range of roles, project and career paths.

• Read also: Intership Navigation and Interorient Shipmanagement merge to launch InterMaritime Shipmanagement