About / Team & Track Record

An unusual
path to the
river.

Trading Line was built by people who did not start in shipping. An IT engineer who founded his first company at sixteen and sold it to a telecom at twenty-four. A former advisor to the Romanian Parliament and the Prime Minister on logistics. A CFO with two Executive MBAs. Twenty years of Danube operations behind every name.

The Founder

Paul
Ivanov.

CEO & Co-Founder
Trading Line Group

Paul's path to founding Trading Line in 2012 was not a straight line through the shipping industry, and that is exactly why Trading Line is not a typical shipping company. He is a systems engineer by training, an economist by secondary degree, a diplomat by certification, a government policy advisor by prior career, and a serial entrepreneur by temperament — and all of that shows up, every day, in how this company is run.

He graduated in Automatic Engineering with a specialization in Naval and Maritime Applications from "Dunărea de Jos" University of Galați in 2008, and added a degree in Economics from the same university in 2009. Between 2009 and 2012 he served as advisor on IT and Logistics to the Romanian Parliamentary Deputy Group and the Prime Minister of Romania, working directly on project management for IT initiatives with logistical impact on the Danube. During the same period he completed intensive training in Diplomacy and Security at the Romanian Diplomatic Institute of the Ministry of Foreign Affairs, along with a certification in Project Management through the Ministry of Labour.

Before government advisory work, Paul had already lived a full entrepreneurial career. He founded his first company at sixteen. By twenty-four he was running the Development Department at a Galați-based engineering firm, leading a team of one hundred and sixty people — monitoring operations by day and planning by night. A life of entrepreneurship that had begun the year his father bought him his first computer. His Internet infrastructure business, SmaNET Systems, grew to approximately thirty-five thousand subscribers across Galați before being acquired in 2008 by RCS & RDS, at the time Romania's largest telecom operator.

Between 2017 and 2022 he added two further master's degrees from Dunărea de Jos University in Strategies and Management Policies and in Marketing. In 2022 he was awarded an Executive MBA from WU Vienna Executive Academy — a programme ranked among the top worldwide by the Financial Times — with a thesis titled Remote Piloting on the Danube, supervised by Prof. Phillip C. Nell and graded sehr gut. He subsequently completed the Executive Blue MBA in Shipping and Logistics at Copenhagen Business School, under Programme Director Irene Rosberg. Since 2017 he has also served as Executive Director of Smarald SRL, managing a portfolio of European-funded projects worth roughly six million euros — experience that directly underpins Trading Line's current leadership of five Horizon Europe research consortia.

At that time, I knew nothing about shipping. I had no idea what a winch was. I was an IT guy, a network engineer. What I knew was how to build systems, how to make them talk to each other, and how to ship a product.
Paul Ivanov, interview with EME Outlook Magazine, Issue 46 (2022)
On the European stage

A track
record, on
the record.

Paul has been a recurring presence in the European policy conversation on inland waterway transport since 2017 — invited, quoted, on record, on the transcript, and on video.

2017
European Commission event — digitalisation of inland shipping
Speaker on digitalisation of inland navigation at a European Commission event. One of the earliest formal interventions at EU level from a Lower Danube operator.
2018
Budapest — Container Transport on the Danube
Invited speaker on container transport on the Danube, Hungarian Shipping Association event. The positioning that later became Trading Line's Middle Corridor thesis.
2019
RIS Week — Galați and Vienna
Two RIS Week interventions in the same year, bridging the Romanian Lower Danube and the Austrian upstream communities on the future of River Information Services.
October 2019
Digital Transport Days, Helsinki
Personally invited by the European Commission's Directorate-General for Mobility and Transport (DG MOVE), Unit D3 – Ports and Inland Navigation, to represent the Danube at the Commission's flagship digitalisation event. Paul presented alongside Rijkswaterstaat, Contargo, the Port of Switzerland, Hamburg Port Consulting, and ABB Finland. His topic, on the official agenda: the perspective of the ship operator on digitalisation, including the use of big data, geofencing and integration via ECDIS and 3G/4G network — the architectural blueprint that, six years later, became Trading Line's proprietary Pavle platform.
November 2019
RIS Week Common Issues Meeting, Liège
Invited by viadonau and Pro Danube Management. Delivered a live demonstration of Trading Line's in-house digital operations platform — Administrative, Vessel, and Client dashboards — to an audience of approximately one hundred RIS experts, authorities, and fleet operators.
May 2021
PLATINA 3 Budapest — Danube Commission closing keynote
Closing keynote speaker at the PLATINA 3 Budapest event organised by the Danube Commission and DG MOVE, alongside Sebastiaan van der Meer of Sendo Shipping. Daniela Roșca of the European Commission's DG MOVE presented the NAIADES III Action Plan at the same event.
2022
Executive MBA thesis — "Remote Piloting on the Danube"
MBA thesis at WU Vienna Executive Academy, supervised by Prof. Phillip C. Nell. Grade: sehr gut. Letter of support obtained from Damen Shipyards Gorinchem. The academic and commercial foundation for the Galați Remote Piloting Innovation Centrum.
2023 – present
Horizon Europe research consortia — five projects
Leadership or co-leadership in five Horizon Europe inland waterway research consortia: SEAMLESS, AENEAS, FOR-FREIGHT, PROSPECTS 5.0, and Port-SEEDS. Trading Line is the only Romanian armator in the Port-SEEDS consortium, which groups thirty-one institutions across the European port and academic ecosystem.
2025
Washington DC and Bucharest — diplomatic engagements
Meetings with H.E. Ambassador Reuven Azar of Israel to Romania on strengthening Romanian-Israeli strategic ties, and with Mr. Jake Sullivan, then National Security Advisor to the President of the United States, in Washington DC.
Industry Involvement

Inside the
conversation.

Port Business Association Constanța Former Vice-President — mandate concluded 2026
Pro Danube Association Former member — mandate through 2025
Naval College of the Ministry of Transport Advisory member, Romanian Ministry of Transport and Infrastructure
Danube Commission Guest participant and speaker (Budapest 2021)
EU Inland Waterway Transport Platform Permanently invited to working-group meetings
viadonau Permanently invited to Austrian waterway authority meetings
RIS-CESNI Permanent contributor to European RIS standards discussions
Port of Constanța development meetings Permanently invited stakeholder
Leadership

The team.

Elena Izabela Cotae
Co-Founder & CFO
Co-founded Trading Line with Paul Ivanov. Oversees the group's financial architecture, capital structure, and refinancing strategy across the fleet and terminal operations. Holds the same stacked academic credentials as Paul — and is often the reason a transaction closes on time.
Economist, Univ. Dunărea de Jos Galați  ·  Executive MBA, WU Vienna Executive Academy  ·  Executive Blue MBA, Copenhagen Business School
Sandu Ciprian Doca
Chief Information Officer
Has been with Trading Line since 2011 — joining from RCS & RDS shortly after the acquisition of Paul's earlier company. Architect of the in-house digital platform that integrates fleet operations, terminal management, agency, and client-facing dashboards into a single operating system.
IT Engineer, Univ. Dunărea de Jos Galați  ·  Executive MBA, WU Vienna Executive Academy  ·  Executive Blue MBA, Copenhagen Business School
Slava Bantiuc
Commercial Manager
Twenty years of commercial and chartering experience across ADM, Glencore, and the Ukrainian Ministry of Agriculture. Native Russian speaker, deep relationships across the Black Sea and former-Soviet grain markets. Trading Line's direct line into the commodity traders and cargo owners of the region.
Kyiv Taras Shevchenko National University  ·  20+ years in commodities trading and logistics
Diana Baciu
Chartering & Execution
Runs the daily chartering desk and execution for Trading Line Logistics and Inland Shipping. The person cargo owners actually talk to when they need a vessel on the river this week — and the person who makes sure Trading Line keeps its commitments on every fixture.
Chartering & Execution, Trading Line Logistics
Gabriel Amariei
Agency & Fleet
Head of the Trading Line Port Agency operations and fleet coordination. Responsible for twenty-four-hour agency support across the Constanța maritime terminal and the Danube fluvial network, including document clearance, crew changes, bunkering, spares, and husbandry.
Agency & Fleet Operations, Trading Line Port Agency
Andrei Nițu
Terminal Manager, Dana PL3
Terminal Manager responsible for day-to-day operations at Dana PL3 in the Port of Constanța — the Trading Line Port Services concession covering eleven thousand five hundred and forty-five square metres of parcel 97, including the concrete platform, the office building, and the storage hall and tent.
Terminal Operations, Trading Line Port Services
Radian Tudose
Executive Director & HSSE
Chief Naval Engineer with more than twenty years at Romnav before joining Trading Line. Responsible for technical, HR, and Health, Safety, Security and Environment across the operated fleet. ADN-licensed for the transport of dangerous goods on inland waterways.
Chief Naval Engineer, Univ. Dunărea de Jos Galați  ·  ADN licensed  ·  20+ years Romnav
Alexandra Moldovan
Administrator, Trading Line Port Services
Administrator of Trading Line Port Services SRL and Project Manager for the Port-SEEDS Horizon Europe research consortium on the Romanian case. Author of Trading Line's 2025 proposal to the Constanța Port Authority for emissions-indexed port fee incentives — the initiative that put Stage V engine compliance on the table at the national port regulator.
Administrator, Trading Line Port Services SRL  ·  PM, Port-SEEDS Romanian use case
On the record

Press
& media.

Selected coverage of Trading Line Group and its principals. External editorial, live URLs, independently published.

Mar 2022
Issue 46

Expediters of the Danube

EME Outlook Magazine  ·  Cover story
Seventeen-page cover feature on Trading Line Group and the Remote Piloting Innovation Centrum. Includes interviews with the Mayor of Galați, the Vice-President of Transport Infrastructure in the Romanian governing party, the President of the Commission for Information and Communication Technology in the Romanian Parliament, Prof. Nikolaos P. Ventikos of the National Technical University of Athens, and Irene Rosberg of Copenhagen Business School.
Read on emeoutlookmag.com
Mar 2022
Part 2

The Innovation Centre for Remote Navigation in Galați City

EME Outlook Magazine  ·  Feature continuation
Second part of the cover story, focused on the Galați Remote Piloting Innovation Centrum and the institutional partners backing the project — local government, Parliament, academic institutions, and the shipping technology consortium.
Read part two
2022

Transforming the shipping industry through waves of innovation

Energy Focus
Industry publication profile covering Trading Line's investment commitment to smart technology, AI, and remote-controlled vessels on the Danube — including the early partial-remote vessel that prefigured the later Seafar partnership.
Read on energy-focus.net
2024

Vrem să fim cel mai mare transportator fluvial de mărfuri din Europa

Ziarul Financiar  ·  ZF Live interview
Long-form ZF Live interview with Paul Ivanov on Trading Line's European ambition — including the stated target of growing the fleet to at least one hundred operational vessels in the coming years.
Read on zfcorporate.ro
May 2021

PLATINA 3 Budapest — closing keynote

Danube Commission  ·  Official release
Danube Commission press release on the PLATINA 3 Budapest event. Documents Paul Ivanov's closing keynote speech alongside Sebastiaan van der Meer of Sendo Shipping, at a conference where DG MOVE presented the NAIADES III Action Plan for European inland waterway transport.
Read on danubecommission.org
Ongoing

LinkedIn — Trading Line company page

LinkedIn
Active company page and post history. The recent post "Middle Corridor → EU via Constanța" was published three weeks ago and has so far drawn seventy-seven reactions, five comments, and two reposts — indicative of the market-level interest in the Trading Line Middle Corridor initiative.
Follow on LinkedIn
Meet the team

Want to talk?

The team is based between Constanța and the Lower Danube. For commercial, operational, or strategic conversations — or simply to arrange a site visit to Dana PL3 — get in touch.

All contact channels office@tradingline.eu