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Peter Borup will assume the role of CEO at Quadrise on October 1, bringing over 30 years of experience in the shipping industry. His career began at A.P. Moller-Maersk, and he has held senior leadership positions at several major cargo shipping companies.

Borup has also contributed to maritime technology and innovation through his involvement with investment committees and a board position at AI startup Shipster AI. Quadrise Chairman Andy Morrison expressed confidence that Borup's extensive expertise will be vital as the company advances its technology toward commercialization.