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December 1, 2000

Peter Swift new INTERTANKO Managing Director
INTERTANKO, the International Association of Independent Tanker Owners, announced yesterday that Dr. Peter Swift (55) has been appointed its new managing director. He will take up the job on February 1, 2001.

SSwift is currently a director of London shipbroker Seascope Shipping Lti, with responsibility for projects and period business and new business development.

Before joining Seascope, Swift had a 24-year career with the Shell Group where his last position was general manager for Shell International Trading and Shipping Co. Ltd., responsible for business development, portfolio management, globalization and change management.

Swift, who holds a Master of Science and a Ph. D in Engineering, joined the Shell Group in 1975 as a naval architect with Shell International Marine Ltd. Prior to that he was Assistant Director for Marine Transport Economics at the University of Michigan.

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