Core Points - TS Shipping OÜ has appointed Margus Raad as a new Member of the Management Board, effective from January 15, 2026, for a term of three years, focusing on international business development and sales [1][2] - Valdo Kalm, Chairman of the Supervisory Board, emphasized Raad's extensive maritime and management experience, which will aid in implementing TS Shipping's strategy and identifying suitable offshore projects for the vessel Botnica [2] - Margus Raad has a background in nautical sciences from the Estonian Maritime Academy and has held various positions in the maritime sector, including CEO of Tschudi Ship Management AS since 2012 [3] Company Overview - Tallinna Sadam is one of the largest cargo and passenger port complexes in the Baltic Sea region, providing passenger and freight services [5] - The Tallinna Sadam group operates in the shipping business through subsidiaries, including OÜ TS Laevad for ferry services and OÜ TS Shipping, which charters the multifunctional vessel Botnica for icebreaking and offshore services [5] - The group also has a stake in AS Green Marine, which offers waste management services [5]