Ship Supply International Promotes Ares M. Michaelides to CEO

12/22/16

MIAMI--(BUSINESS WIRE)--Ship Supply International, a leading port logistics business, is pleased to announce that Ares M. Michaelides has been promoted to Chief Executive Officer. Ares has been a longtime maritime executive and brings over 20 years of industry experience to his new role at Ship Supply.

Previously, Mr. Michaelides served as Ship Supply’s Chief Operating Officer where he led key strategic initiatives, operational improvements and complementary add-on acquisitions. Prior to joining Ship Supply, Ares served as Chief Operating Officer and Chief Financial Officer of Starboard Cruise Services, the world's largest on-board cruise ship retailer with over €900 million in revenue. Prior to that, he spent ten years in various executive positions at Royal Caribbean International and Celebrity Cruises.

“Ares has brought a wealth of experience to Ship Supply and has a proven track record of executing growth strategies. He is an outstanding leader who has made meaningful contributions to the business. We look for him to continue executing Ship Supply’s strategic vision and further extending Ship Supply’s industry leadership,” said Chairman, Jeff Zanarini. “The promotion of Ares augments the senior leadership team at Ship Supply, including Christian Giannakopoulos, who will remain on the Ship Supply Board of Directors as President.”

“I am very excited for my new role and to continue building on the tremendous success of the Ship Supply team. I look forward to furthering the expansion strategy and accelerating the growth in each of our four divisions: commercial, vessel management, fuel and agency services,” added Ares.

Michaelides holds two Master’s Degrees from the London School of Economics and Political Science, a Bachelor’s Degree from Drew University, and the Chartered Financial Analyst designation.

About Ship Supply

Headquartered in Miami, Florida, Ship Supply has provided high quality goods and services to the maritime industry for nearly fifty years. The Company offers reliable port logistic services 24 hours per day / 7 days per week with the expertise to cater to the specific needs of a diverse set of specialty vessels and end-markets. Ship Supply offers seamless service to customers at over 100 domestic and international ports. The Company’s technologically-advanced capabilities and multi-lingual staff serves as the critical line of communication with vessels and crew to provide its clients a comprehensive solution for in-port requirements.

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