JULY 11, 2013 — Chris Stone has joined Liverpool, U.K., based Bibby Ship Management Group Ltd. as its new Chief Operating Officer. He will replace Simon Barham, who was scheduled to move on from Bibby Ship Management at the end of June but will now work a further month to facilitate a managed hand-over to his successor.

Mr. Stone has over 30 years world-wide experience in the maritime and logistics sector and has worked in in Africa, the Middle East, India and most recently in Asia Pacific and Australasia.

He joins Bibby Ship Management after spending 14 years with Inchcape Shipping Group in various managerial roles, including Regional Managing Director for the Middle East and India, Regional COO for the East (Middle East and Asia Pacific) and most recently Executive Vice President Asia Pacific, based in Singapore.

He has a strong operational and commercial track record which has translated into sustained business growth and profitability in all his previous roles. Prior to Inchcape, Mr. Stone established a Greenfield office for Maersk in Cape Town. He was a Deck Officer in the British Merchant Navy and studied at both Liverpool Polytechnic and Riversdale College. Welcoming his appointment, Ed Rimmer, Bibby Ship Management Chief Executive, said: "I am delighted that Chris has joined our team and look forward to seeing him continue to drive the business forward."