Board - American Shipping Company




Ms. Justad has been a member of American Shipping Company ASA’s Board of Directors since December 2007. From 2006 through 2010, she held the position of CEO of Eitzen Maritime Services ASA, a Norwegian marine shipping services Company. Prior to that she has held various positions in large companies such as Yara International ASA, Norgas Carriers/IM Skaugen ASA, and Norsk Hydro ASA. Ms. Justad is a member of the Board of Port of London Authority, Odfjell, Awilco LNG ASA, Store Norske Kulkompani AS and Small Turbine Partners AS. Ms. Justad holds a Master degree of Technology Management from MIT (Sloan School)/NTH/NHH in addition to a MSc in Chemical Engineering from NTH. Ms. Justad is a Norwegian citizen. Ms. Justad holds 4 523 shares in the Company and has no stock options. She has been reelected for the period 2015-2017.




Board Member

Peter D. Knudsen has been the CEO of Jason Shipping ASA (Camillo Eitzen & Co. ASA) from November 2008 until January 2012, and CEO of Eitzen Maritime Services ASA (EMS) from June 2011 to October 2011. He has also served as member of the Board of Directors in Eitzen Chemical ASA and Eitzen Maritime Services ASA. He has previously worked with Christiania Bank og Kreditkasse/Nordea Bank for 15 years, and came from the position as General Manager of Nordea Bank in Singapore. Mr. Knudsen has also been employed with GIEK, Den norske Creditbank, Jøtun Fonds and Stemoco Shipping. He holds an MBA from Oslo Business School / Arizona State University (1979). Mr. Knudsen is currently member of the Board of Directors in Uglands Rederi AS, Grimstad (since May 2011) including various subsidiaries. He is a Norwegian citizen and holds 2,000 shares of stock in the Company through Vilja AS. Mr. Knudsen was reelected for the period 2014-2016.

Audun Stensvold

Board Member

Audun Stensvold is currently Investment Director of Aker ASA.  Prior to his appointment as an investment director, he was CFO and Investment Director for Converto, which manages the Aker-owned Converto Capital Fund. He has also served as Vice President of Aker’s M&A and Business Development team. Before joining Aker, Mr Stensvold worked as a strategy and finance consultant for Selmer, and as a financial analyst for DnB NOR. Mr Stensvold holds a Masters degree in Business and Economics from the Norwegian School of Economics (NHH).  Mr Stensvold is a Norwegian citizen and holds zero shares in the Company.  Mr. Stensvold was elected to the Board of Directors at the Company's Annual General Meeting in 2016 for the period 2016-2018.