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Peter Borup's appointment as CEO of Quadrise, effective October 1, marks a significant milestone for the company. With over three decades of experience in the shipping industry, Borup's journey began at A.P.

Moller-Maersk, and he has since held prominent leadership positions at several major cargo shipping operators. His extensive background uniquely positions him to steer Quadrise through a pivotal phase as the company seeks to commercialize its innovative technologies.

Beyond his leadership credentials, Borup has been instrumental in advancing maritime technology and innovation. He has served on the investment committees of Rainmaking Motion Ventures and The Shipping Collective, demonstrating his commitment to fostering growth within the industry. Additionally, his role on the board of AI startup Shipster AI underscores his forward-thinking approach to maritime solutions.

Quadrise Chairman Andy Morrison expressed optimism regarding Borup's appointment, stating that his profound expertise and established relationships within the shipping sector will be invaluable. Morrison emphasized the critical nature of this moment for Quadrise, highlighting the company's focus on decarbonization and the advancement of its technology offering and strategy. With Borup at the helm, Quadrise is poised to navigate the complexities of the shipping landscape while driving sustainable innovations forward.