In 2019, Tim Ponath took over as CEO of REEDEREI NSB after joining the company in 2005 and holding the position of COO, among others. The ship management company's services include traditional technical management as well as commercial management, crew management and training, insurance services, engineering, and newbuilding. Under the NSB GROUP brand with headquarter in Germany and subsidiaries in China, Philippines, Singapore, Korea, and Sri Lanka, Tim was and is the main driver of developing and executing the company’s vision. Tim Ponath studied business engineering and mechanical engineering and is a skilled industrial mechanic.