Key Executives

Mr. Stoyan Radev Ialamov

Chief Operating Officer / Deputy Chief Executive Officer

Mr. Ialamov re-joined the Group June in 2022 as the Chief Operating Officer / Deputy Chief Executive Officer and is responsible for day-to-day operations of the Group as well as providing support to the CEO in critical decision with respect of the Groups business and financial strategies. Prior to re-joining the Group, Mr. Ialamov was the Operations Director for Seafox Middle East and Managing director for Marinia LLC Qatar (Seafox Operating Entity in Qatar) where he was in charge of the day to day operations of the company as well as the developing and expanding the company’s Jack up Barges activities in Qatar. Prior to that Mr. Ialamov was a Senior Manager in charge of the functions of fleet vessels as well as Deputy General Manager of Zakher Marine International Inc from June 2010 to November 2018, and before that, Managing Director of South East Marine, UAE from October 2008 to June 2010.

Mr. Ialamov has in overall more than 22 years of combined seagoing and shore management experience in offshore oil and gas sector. His experience covers all aspects of the marine and offshore vessels operations and management, which includes increasing strategic and corporate management responsibilities in the latter part of his career. Mr. Ialamov holds a Master of Science in Marine Navigation and Operations and Repairs of ships from the Bulgarian Maritime Academy in 1989.

Mr. Hsu Chong Pin
Chief Financial Officer

Mr. Hsu joined the Group in January 2019 as the Chief Financial Officer, and is responsible for overall financial management as well as the administrative management of the Group. Prior to joining the Group, Mr Hsu was the Chief Financial Officer of EMAS Offshore Limited from January 2016 to December 2018, and before that, the Head of Business Development and Investor Relations at Marco Polo Marine Limited from March 2012 to December 2015.

Mr. Hsu has more than 18 years of experience in accounting and finance, corporate finance, financial advisory, business development and investor relations across various industries including offshore oil and gas, fund management and property real estate. Mr Hsu completed his Master of Philosophy in Management from the University of Cambridge in 1999 and a Bachelor of Science in Economics and Finance (First Class Honours) from the University of York, UK in 1998.

Mr. Hsu Chong Pin
Chief Financial Officer

Mr. Mohammad Reza Sadeghi

Director, Project & Ship Repair

Mr. Sadeghi is currently the Project Director with responsibilities in the day-to-day operations of the Group’s SRM division, as well as in the oversight and execution of special projects. Prior to joining the Group, Mr Sadeghi was a technical operation manager of the AQUA Group in Dubai, and between 1999 and 2001, Mr Sadeghi was a technical operation manager of Irano-Hind Shipping Co., a joint venture between Islamic Republic of Iran Shipping Lines Co (“IRISL”) and Shipping Corporation of India. Mr. adeghi had also held various technical, General Manager, Board Member of Marine Services & Eng Co. (IRISL subsidiary company) and other managerial roles in IRISL, including responsibility for new essels in IRISL’s Guangzhou shipyard from 1985 to 1999.

Mr. Sadeghi graduated with a Bachelor of Science in Marine Engineering in 1985 from the Marine Engineering College of Calcutta, India, and attained the certificate of competency of Chief Engineer in 1993.

Mr. Mohammad Reza Sadeghi
Director, Project & Ship Repair

Mr. Stoyan Radev Ialamov
Chief Operating Officer

Deputy Chief Executive Offcer