"Board of Directors at its meeting held today appointed Sandeep P Akolkar as Chief Financial Officer of the Company with immediate effect," Essar Shipping said in a regulatory filing to the BSE.
The company is an integrated supply chain services player with investments in sea transportation and contract drilling.
Its sea transportation business has a diversified fleet of 14 vessels with a combined tonnage of 1.63 million, and provides crude oil and bulk commodity transportation services.