As from 1 January 2013 Michael Main King will leave his positions in the Management Board of the JSC “Latvian Shipping Company” (LSC) and Management Board of the LSC subsidiary company “LSC Marine Training” Ltd. Mr. King isHead of Vitol Group’s World Wide Shipping Operations since 2004, prior to that General Manager Tankers at Ship owners Zodiac Maritime London for 8 years.

The LSC Management Board will be composed of three Board members from then on.

In the Management Board of the LSC subsidiary company “LSC Marine Training” Ltd Michael Main King will be replaced by Alastair James McKee. Mr. McKee is Managing Director and member of the Management Board of another LSC subsidiary company – “LSC Shipmanagement” Ltd. Alastair J. McKee has 25-years experience working on ships, but in 1995 he came ashore as a Marine Superintendent, Fleet Manager and later as Managing Director of the Northern Marine Management in Hamburg.

The LSC subsidiary Marine Training Centre is an educational establishment accredited by the Ministry of Science and Education of the Republic of Latvia.Since 2004 the training centre is headed by Juris Leimanis. Every year the training centre trains more than 60 young seamen and motormen, and provides qualification maintenance courses for over 4000 seamen – ranging from rating crew to experienced captains. The close cooperation with the Latvian Shipping Company allows training centre to ensure internship, experienced lecturers and serious basis of theoretical knowledge to its students.

About JSC “Latvijas kuģniecība” (Latvian Shipping Company)

In the medium-sized and handy tankers categories JSC „Latvijas kuģniecība”(NASDAQ OMX RIGA: LSC1R) is among the leading ship owners in the world, and in terms of transport volumes of petroleum products it is also in a leading position among similar companies in Northern Europe. It owns 20 modern ships,employing more than 700 professional and highly qualified seamen from Latvia. The total carrying capacity of the LK fleet is 957 974 DWT and the average age of the fleet is 6 years. All ships have received ISM (International Safety Management) certificates.