Brewer rejoins shipping firm his father helped found
The offspring of a shipping dynasty has nailed his colours to the mast of the parent company of Bermuda Container Line.
Barry Brewer is to become president and CEO of Neptune Group, the holding company for the shipping line, which operates the container ship Oleander.
Mr Brewer, with his father and others, helped establish the firm in the 1980s.
Neptune board chairman John Wight said: “Mr Brewer's family has been in the shipping industry for multiple generations and Barry knows the company and the industry extremely well.
“Most importantly, Barry has 15 years of valued business experience and personal contacts with importers, US shippers, brokers and consolidators.”
Mr Wight added: “The continued sluggish Bermuda economy and declining cargo volumes require that we are well connected with our customers and responsive to their needs and that we continue to bring new energy and ideas.
“We are very pleased that Mr Brewer has agreed to return to BCL.”
Mr Brewer said: “It is critical that shipping services to Bermuda be controlled by the importers for the benefit of the importers.
“This was why the company was first started by my father and other progressive associates, importers and investors.
“Over the years, I tried to stay connected with BCL's customers, and investors and I am looking forward to helping reinvigorate the profitability of the company and delivering additional customer engagement and value.”
The Oleander maintains a weekly service between the island and Port Elizabeth in New Jersey, a run which BCL has operated for nearly 35 years.
Neptune also has a 50 percent stake in Somers Isles Shipping, a bi-weekly service between Fernandina Beach in Florida and Bermuda.