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Fairstar Heavy Transport names CFO

June 28 - Fairstar Heavy Transport have appoint Ingmar den Blanken as chief financial officer, succeeding Mark de Haas in the role.

The company's Supervisory Board will propose his appointment to the Management Board at the next meeting of shareholders.

Den Blanken commenced working within Fairstar in May 2010 and has served as Fairstar's treasurer and financial controller since December 1, 2010.

Before joining Fairstar, den Blanken worked as a financial auditor within the Rotterdam office of Ernst & Young, with a focus on clients in the shipping and transportation and the oil and gas industry.

Philip Adkins, chief executive officer of Fairstar commented: "Ingmar has earned the trust of his colleagues within Fairstar as a dedicated professional. We congratulate his promotion and I am certain he has the commitment, skill and integrity to fulfill his new responsibilities as our chief financial officer."

www.fairstar.com

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