Stephan Korsgaard

Deputy Director & Head of Dry Bulk Operation, Asia & Pacific at BALTNAV
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Contact Information
us****@****om
(386) 825-5501
Location
Singapore, Singapore, SG

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Experience

    • Denmark
    • Maritime Transportation
    • 1 - 100 Employee
    • Deputy Director & Head of Dry Bulk Operation, Asia & Pacific
      • Nov 2022 - Present

      Dry bulk operation and team management

    • Head of Dry Bulk Operation, Asia & Pacific
      • Mar 2019 - Nov 2022

      Dry bulk operation and team mangement

    • Senior Operations Manager
      • Sep 2018 - Feb 2019

      Dry Bulk Operation

    • Denmark
    • Transportation, Logistics, Supply Chain and Storage
    • 400 - 500 Employee
    • Head of Dry Bulk Operations, Asia & China
      • Apr 2015 - Aug 2018

      • Direct a team of 9 skillful operators and 4 Port-Captains in Singapore, Shanghai, Mumbai, and Manila.• Operate 8-10 vessels on my own; support the operations team of an additional 70-80 vessels within the team. • Optimize operational costs, holds cleaning procedures and fuel efficiency to achieve optimal results and savings. • Provide technical and instruction guidance to operators on how to achieve optimal fuel performance on ballast or laden legs.• Develop and implement new operational procedures to ensure compliance with the latest market/technical knowledge and international laws/regulations.• Bridge communications with the Global Head of Operations and the other regional heads to align global operational procedures.• Mentor staff to develop operational, maritime technical, and individual skills; implement head office initiatives on staff development.• Update main operational system and verify results of all vessels handled by my team.• Coordinate tasks and assignments for the Port Captain group in Singapore, China, India, and The Philippines.• Facilitate optimal customer experience and operational service to develop new business areas.• Execute weekly team meetings with a focus on voyage P&L results, information sharing/knowledge, business travels and holiday planning, and client satisfaction. • Manage and forecast budget.• Coach operators on various employee relations issues including absence management, performance management, and disciplinary matters.• Standardize compensation and benefit strategies with market; manage all benefit schemes including administration, annual reviews, and reporting to senior management. • Report new employee prospects in my region to the top management team and HR.• Maintain dialogue with local maritime authorities and stakeholders in Singapore.• Supervise and direct the office support administrative staff; focus on cross-cultural development.• Keep up-to-date on current shipping trends and legal developments. Show less

    • Senior Operations Manager & Team Leader Supramax Bulk Operations
      • May 2010 - Mar 2015

      • Direct a team of 5 skillful operators in the Hellerup office (Company Head office) operating vessels in the Supramax segment trading the North and South Atlantic. • Operated between 8-12 vessels on my own; support the operations team of an additional 40-50 vessels within the team. • Executed new operational procedures with global coordination.• Coordinated with the Global Head of Operations and others to plan operations with a global mindset.• Empowered staff to develop advanced technical and individual skillsets.• Partnered with various Atlantic Chartering desks to develop new business areas.• Updated main operational system (IMOS).• Led weekly staff meetings on voyage P&L results and general information-sharing.• Promoted consistency of compensation and benefit strategies with market and business strategies.• Maintained knowledge of current shipping trends and legal developments.• Executed all contracts and vessel fixtures.• Demonstrated focus on clients, tailormade service execution, and daily operational efficiency to achieve optimal P&L results. • Coordinated fleet program with chartering desk.• Optimized vessel performance/fuel efficiency.• Estimated and finalized laytime in cooperation with laytime department.• Mentored two trainees. Show less

    • United States
    • Food Production
    • 700 & Above Employee
    • Dry Bulk Vessel Operator
      • Nov 2006 - Apr 2010

      • Vessel operator continuously handling between 15-20 Time Chartered Kamsarmax, Panamax, Supramax and Handy-sized dry bulk vessels trading with various agri-products (soybeans, grains, fertilizers and sugar) for the in-house trading desks and as well various mineral-products (coal, iron ore, bauxite and cement) for third-party customers. • Directed cargo re-let (voyages), hire payment and collection, freight, demurrage finalization and/or despatch, and in-house trading desks/execution desks on various CPs. • Demonstrated technical expertise on specifications for various sizes of bulk carriers, ordering correct cleaning chemicals or cleaning gear, and/or cleaning gangs at discharge ports to clean vessels cargo holds for next clean cargoes. • Evaluated existing procedures and modified operational procedures for upcoming voyages. • Appointed and liaised with agents to facilitate smooth operations. • Acquired correct fuel grade/quantities directly from bunker traders. • Maintained operating systems (SoftMar) to remain abreast of itinerary progress and P&L results. • Issued payment of Time Charter hire and freight to various owners. • Finalized payment from pro-forma disbursement accounts. • Standardized final hire statements with owners; resolved disputes with accounting department and P&I clubs. Show less

    • Denmark
    • Maritime Transportation
    • 100 - 200 Employee
    • CPP & Chemical Tanker Operations Manager
      • May 2005 - Oct 2006

      • Operated 7-8 chemical tankers vessels in a fleet of 22 vessels for the North European/Baltic markets. • Performed strategic planning with Chartering department based on market reports. • Finalized demurrage and/or despatch claims for various chemical tanker charter parties. • Communicated voyage instructions to Masters as per cargo quality/grade and MARPOL regulations. • Appointed and liaised with agents to ensure smooth port operations. • Ordered vessel/tank cleaning chemicals as per MARPOL regulations. • Acquired suitable bunkers for the vessels with the bunker procurement department. • Coordinated current and upcoming voyages; updated vessels itineraries. • Collected and followed up on freight payments. • Distributed pay to TC hires on chartered vessels. • Trained and mentored 2 trainees. Show less

    • Australia
    • Telecommunications
    • 700 & Above Employee
    • OPTUS HFC Sales Representative at AC&T Sales & Marketing, Brisbane, Australia
      • Apr 2004 - Aug 2004

      • Conducted field research and door-to-door sales of Optus mobiles/broadband internet and cable TV. • Reported sales results of 5-man mobile sales team to office senior sales management. • Trained new sales reps on sales techniques and customer relations. • Met and exceeded monthly sales goals. • Conducted field research and door-to-door sales of Optus mobiles/broadband internet and cable TV. • Reported sales results of 5-man mobile sales team to office senior sales management. • Trained new sales reps on sales techniques and customer relations. • Met and exceeded monthly sales goals.

  • Wonsild & Son A/S Copenhagen
    • Copenhagen Area, Denmark
    • CPP & Chemical Tanker Broker
      • Aug 2003 - Jan 2004

      • Analyzed and evaluated market reports from large chemical producers (SHELL, BP, Chevron, ExxonMobil, etc.). • Fixed chemical tankers (2,500dwt up to 30,000dwt) on spot voyage, TCT, and COAs in the European, Baltic, Black Sea, and South East Asian markets. • Assumed responsibility for a 10-15 client portfolio. • Resolved issues between counterparts; served as Charter Parties expert to resolve disputes. • Issued punctual freight and hire payments for in-house Time Charter chemical tankers. Show less

  • Arne Holt Shipping Aps and Wonsild & Son A/S
    • Copenhagen Area, Capital Region, Denmark
    • Shipping Trainee as CPP & Chemical Tanker Broker
      • Aug 2001 - Jul 2003

      • Analyzed market reports from large chemical producers (SHELL, BP, Chevron, ExxonMobil, etc.). • Fixed chemical tanker vessels (2,500dwt up to 40,000dwt) for spot voyage, TCT, and COAs. • Performed everyday broker postfix operations, including resolving client issues and issuing punctual freight and hire payments. • Oversaw sales and purchase contracts from senior brokers. • Evaluated demurrage and/or despatch claims for chemical tanker charter parties (ASBATANKVOY, SHELLTIME 4&5, BPVOY, etc.). Show less

    • Denmark
    • Armed Forces
    • 200 - 300 Employee
    • Staff Sergeant
      • Jul 1999 - Jul 2001

      Team leader (mid-level), basic military skills educator of an infantry group of 8-12 soldiers (motorized panzer). Joint management and education of a platoon of 35-40 soldiers. Team leader (mid-level), basic military skills educator of an infantry group of 8-12 soldiers (motorized panzer). Joint management and education of a platoon of 35-40 soldiers.

Education

  • Copenhagen Business School
    Graduate Diploma in Business Administration (International Business), Business Administration
    2011 - 2015
  • Københavns Universitet - University of Copenhagen
    Law
    2004 - 2005
  • Maritime Shipping University
    Shipping Economics and general shipping
    2001 - 2003
  • Vestjydsk Handelsskole i Skjern
    HHX, Economics, Mathmatics, Language and Sport
    1995 - 1998
  • Amagerskolen, Skjern
    1988 - 1995
  • Østerskole, Thisted
    1985 - 1988

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