(HAMBURG, Germany) — Transas, a global leader in high-tech equipment, software and system integration for the maritime industry, has announced the appointment of Frank Coles as its chief executive officer and member of the board of eirectors for Transas Marine.
Coles is a maritime business professional with extensive leadership experience in maritime operations and technology. Recently he has been advising a number of blue-chip private equity companies on maritime opportunities. Before that he was the president of Inmarsat Maritime, leading the unit through a return to growth and integration of several acquisitions. Coles was also CEO of Globe Wireless during a period of significant growth in the development of innovative hardware and software solutions. After 12 years at sea he spent five years as a maritime lawyer, and then was operations director for Pacific Basin Bulk Shipping in Hong Kong. Coles is a master mariner and holds a master's degree in maritime law from the University of Wales, Cardiff.
“Transas Marine is an agile, innovative, market leading organization and this is an extremely exciting opportunity to participate in the integration and consolidation of technology, efficiency and operations of the maritime industry," Coles said.
About Transas
Transas is a world-leading provider of high-tech equipment, software applications, integrated solutions and services for the maritime industry: Transas has over 35 percent of the ECDIS world market share, around 25 percent of VTMS installations and over 45 percent of the maritime simulation market. Transas offers best-in-class navigation systems and integrated bridge solutions, recognized training and simulation solutions, well-known VTMS and coastal surveillance systems, fleet and port management systems, onboard and individual decision support systems for professional crew and pilots, as well as popular applications for leisure and the marine mass market. Transas operates more than 20 own regional offices as well as its global network of partners serving Transas customers in more than 120 countries.
