Low-emission fuels and biofuels supplier Quadrise has appointed Peter Borup as its chief executive officer.
Borup, who will take the CEO seat on October 1, is an accomplished international CEO with over 30 years of experience in the shipping industry.
He began his career at A.P. Moller-Maersk, rising to the deputy director level, before moving into senior leadership roles at several major cargo shipping operators.
These included serving as senior vice president and managing director at Norden in Asia, followed by president and CEO positions at Lauritzen Bulkers and Norvic Shipping.
He also served on investment committees at Rainmaking, Motion Ventures, and The Shipping Collective, as well as serving on the board of AI start-up Shipster.ai.
“We are delighted to have appointed Peter to become CEO of Quadrise. His extensive expertise and relationships in the shipping industry will undoubtedly help us at this pivotal time for the company as we move our technology towards commercialisation,” said Andy Morrison, chair of Quadrise.