Our Team

A multi-disciplinary, international experienced team with a combination of over 100 years of experience, with some of its members having worked together for over 20 years.  The Sole team’s experience spans the sectors of ship owning, investing and financing, ship management and operations, contract negotiation, technical consulting, insurance, accounting, administration and compliance, as well as the manning of vessels. The team members have worked in a number of different countries, and continue their global reach from Norway, Cyprus and Jersey.

Jan William Denstad CEO of the Investment Adviser

During his experience of over 24 years in the shipping sector, Mr. Denstad has gained significant experience in ship financing with a large dedicated European shipping bank across a wide geography as well as structuring and managing a portfolio of sale and lease back transactions.
He worked for Nedship Bank, Bergen, Norway, for a couple of years before he was asked to move to Piraeus, Greece in 1995. During this period, he was Senior Account Manager and was responsible for developing his own loan portfolio in Greece. He also contributed to a team involved in work out loans. He subsequently moved to London with Nedship Bank where his responsibilities included developing the loan portfolio, corporate and structured finance services. In 2000, Nedship bank was acquired by DVB Bank and Mr. Denstad became Head of Shipping as well as Joint Deputy General Partner of the London Branch of DVB Bank AG. In 2002 he became responsible for the European market for Navigation Finance Corporation, a shipping equity fund specialising in purchase and lease back transactions. During this period several transactions were closed in which Mr. Denstad was responsible for sourcing, negotiating and preparing Board memos, term sheets, negotiating purchase contracts and charterparties, raising debt, establishing owning companies and taking delivery of the vessels.

Mr. Denstad holds an MSc in Economics and Business Management from the University of Copenhagen.

He has been the CEO and a Partner of Sole Shipping Group since 2004.

John Hatleskog Director of the General Partner

During his 35 years working in the shipping sector, Mr. Hatleskog has held multiple distinguished board positions and owned a number of shipping companies. Mr. Hatleskog began his career as a Management Consultant specialising in shipping companies at Aukner & Newman, followed by 5 years working as a consultant for ship owner P Meyer. In 1975, Mr. Hatleskog became co-owner-General Partner of Havtor Management AS, where he was responsible for new project flow, finance and accounting. During his time there (1975 – 1996), Havtor AS merged with Havtor Management AS, Hav AS, Kværner Shipping and finally Bergesen. From 1997 Mr. Hatleskog became Partner and Chairman of Belden Shipping. Belden shipping is a fully integrated ship owning company specialising in cement carriers. When Mr. Hatleskog joined the company in 1997 it owned one vessel, and by the time it was sold in 2006 it had a fleet of 18 vessels. After the sale of Belden, he became Partner and Chairman of Oslo Bulk Holding PTE, owner and operator of an ultra modern fleet of 21 geared MPP bulk carriers.

Mr. Hatleskog has also held various senior positions, including Chairman, and is on the boards of a number of shipping companies including Inge Steensland AS, Solvang ASA and Gard P&I Club.

Mr. Hatleskog holds an MSc in Economics and Business Management from Copenhagen business school.

He has been Chairman and a Partner of Sole Shipping Group since 2004.

Roy Mosvold Director of the Investment Adviser and Alternate Director of the General Partner

During his 25 years experience in the shipping sector, Mr. Mosvold has been an active ship owner and investor. Between 1988 to 2007 Mr. Mosvold was based in New York and London gaining substantial experience across various roles with a number of firms including Lofstad Shipping (Dry Cargo Broker), Ekko Chartering (Ship Broker) covering dry cargo vessels, ocean liner business, chemical and small tankers, and Pace Shipping, where he was Managing Director/Chairman. Pace Shipping was a firm which managed logistics for ammonia and other fertiliser products from former USSR countries. From 2000 onwards Mr. Mosvold devoted more time in building up different companies as an active board member of listed and unlisted companies. Mr. Mosvold has been on the board of multiple companies listed on the Oslo stock exchange, including Mosvold Shipping Ltd (sold to Frontline), Mosvold Jackup Limited, Mosvold Supply Limited, Mosvold Drilling Limited (sold to Seadrilll Limited), Ocean Rig ASA and CorrOcean ASA, the former four of which he acted as Chairman. His unlisted board positions include Mosvold Platforms, Middle East Jackup and Mosvold Shipping Group. He has also acted as adviser to a number of private equity funds, including First Reserve Corporation and Blue Water Energy LLP.

Mr. Mosvold holds a BSc in Finance and International Business from New York University.

He has been Chairman and a Partner of Sole Shipping Group since 2004.

Hans Oust Heiberg Investment Director of the Investment Adviser.

During his experience of over 20 years in the shipping sector, Mr. Heiberg has gained significant experience within ship owning, ship financing and contract negotiation in Athens, London and Oslo. From 1992 to 1996 Mr. Heiberg worked in ship financing with Eurofin; from 1996 to 2002, he worked at Oceanbulk Maritime as Project Manager and later as Chief Financial Officer in Athens and thereafter as a Norwegian representative. During 2002 to 2006, Mr. Heiberg had several management for hire assignments. During the period that followed, Mr. Heiberg was a Vice President at Credit Agricole SA and Senior Vice President at the shipping bank DNB Bank ASA. In 2010 he took over as Head of Global Export Finance and Head of International Section Shipping, Offshore and Logistics Division at DNB Bank ASA. He joined the Sole Team in 2015.

Mr. Heiberg holds a BComm (Hons) from the University of Edinburgh.

He has been a Partner of Sole Shipping Group since 2017.

Aloe Sofocleous COO

Ms. Sofocleous has more than 17 years experience working in the financial sector. From 2000 to 2014 Ms Sofocleous worked at PricewaterhouseCoopers Ltd. as a Senior Manager in both Cyprus and New York, specialising in the shipping industry. Ms. Sofocleous is ACA qualified and a member of the Institute of Chartered Accountants in England and Wales.

Ms. Sofocleous holds a BSc in Accounting and Finance from the University of Southampton.

She joined the Sole Shipping Group in 2014 and is based in Cyprus.

Even Knudsen Captain

CEO of Sole Marine Services AS Ltd., providing marine and technical supervision, vessel inspection, consulting and management services.

Captain Knudsen has more than 40 years’ experience in the shipping industry. From 1976 to 1989 he served on board various types of vessels, starting out as a deckhand and ending up as a Master . In 1989, Captain Knudsen went ashore, and worked for a number of vessel owners, being responsible for supervision and sub-contracting of technical management services, chartering, sale and purchase and new-building, together with projects within numerous sectors in shipping including offshore vessels.

He was educated at a number of Norwegian Naval and Merchant Marine Academies, training as a naval officer and Master. Additional education followed, in machine and mechanics, maritime law and he has attended various courses relating to shipping economics, chartering and quality assurance.

Captain Knudsen joined the Sole Shipping Group in 2016.

Marianne D. Berrum Finance and Administration Officer

Mrs. Berrum has over 19 years experience and has held senior financial positions at PWC, BW Gas AS, DNB Bank and KPMG, where she has specialised in the shipping industry. She was Deputy CEO of a local savings bank prior to joining the Sole Shipping Group.

Mrs. Berrum holds an MSc in Business and Economics from the Norwegian Business School.(AFR Shipping Academy). She is also a Certified European Financial Analyst CEFA.

She joined the Sole Shipping Group in 2014 and is based in Lillesand.

Richard Boleat Director of the General Partner

Mr. Boleat has been a financial services professional for over 25 years, in London, the Middle East and Jersey. He qualified as a chartered accountant in 1988 with Coopers & Lybrand and worked there for 5 years. He then moved to Bahrain Middle East Bank EC where he worked as a Financial Controller.

Mr. Boleat has been based in Jersey since 1992, primarily for a commodity management business and later for Capita Fiduciary Group. He has been working at Governance Partners since 2007 providing independent governance and consulting services to listed companies, collective funds, asset managers and structured debt programmes.

Mr. Boleat is an independent non-executive director, and is registered with the Jersey Financial Services Commission. He is a member of the Channel Islands committee of the Association of Investment Companies.

Heather Bestwick Director of the General Partner

Ms. Bestwick has been a financial services professional for over 25 years, onshore in the City of London and Greece and offshore in the Cayman Islands and Jersey. She qualified as an English solicitor, specialising in ship finance, with City firm Norton Rose, and worked in their London and Athens offices for 8 years. In 1999 she joined global offshore law firm Walkers in the Cayman Islands, and became a Partner in 2003. Heather moved to Jersey in 2007 to become Managing Partner of the Walkers Jersey office.

Ms. Bestwick joined Jersey Finance in 2010 as Technical Director and Deputy Chief Executive, leading the development of finance industry legislation on behalf of industry and liaising with the regulator and government.

Ms. Bestwick is an independent non-executive director, and is registered with the Jersey Financial Services Commission. She is a member of the Channel Islands committee of the Association of Investment Companies.

Nicoleta Kyriakoudes Accountant

Ms. Kyriakoudes has over 15 years experience in accounting, administration and compliance. From 2008 to 2016, Ms. Kyriakoudes worked at PricewaterhouseCoopers Ltd. as an Assistant Manager in the Global Compliance Services Department. Prior to that, Ms Kyriakoudes worked at Amdocs as Supervisor in the Accounting Department. Ms Kyriakoudes is a Certified Accountant Technician and holds a Financial Accounting Diploma of a London Chamber of Commerce and Industry.

She joined the Sole Shipping Group in 2016 and is based in Cyprus.