Port of StocktonTelestackBühler GmbHViganSailors SocietyThe Wolfson Centre for Bulk Solids Handling Technology
  • Port of South Louisiana
  • Vigan
  • TBA Group
  • Cleveland Cascades Ltd
  • Port of Stockton
  • The Wolfson Centre for Bulk Solids Handling Technology

Vartdal quits Golden Ocean

Vartdal quits Golden Ocean

(Posted on 22/11/19)

Golden Ocean Group Limited has announced that Ms. Birgitte Ringstad Vartdal, CEO of Golden Ocean Management AS, has submitted her notice of resignation. Ms. Vartdal has held the position as CEO since April 2016, and before that served as CFO since June 2010.

Golden Ocean Group Limited is a leading international dry bulk shipping company founded in 1996 and based in Bermuda. Golden Ocean is mainly operating in the Capesize, Panamax and Supramax segments and the Company is listed on NASDAQ and the Oslo Stock Exchange. The Company owns and controls a fleet of 77 vessels including vessels chartered in on long term time charter contracts. Golden Ocean provide customers with flexible and reliable transportation services and develop strong industry relations with partners and customers.

The Company has appointed Ola Lorentzon, the Chairman of the Board of Golden Ocean, as interim CEO and will initiate the search for a new CEO immediately. Ms. Vartdal will step down as a CEO on November 30, 2019 and will remain available to the Company until the end of February 2020.

Ms. Vartdal commented: “I have had 10 fantastic years with Golden Ocean and am pleased with the development of the Company during this period. The Company is now in a solid financial position, just delivered its best quarterly result since 2013 and is well prepared ahead of IMO 2020. I am proud of what all our dedicated and knowledgeable colleagues have created, and I am confident that Golden Ocean has a bright future”

Mr. Lorentzon commented: “I would like to thank Birgitte for her efforts throughout the last 10 years, first as CFO and then as the CEO since 2016. Birgitte has had an important role in the management and development of the Company. I wish Birgitte all the best for the future. ”

Latest News

Strong results for resilient Algoma

(Posted on 26/02/21)

Algoma Central Corporation, is reporting very strong financial results for 2020, a year in which a global... Read more


North posts solid renewal results

(Posted on 24/02/21)

North P&I Club has reported continuing growth in its diversified business lines and solid progress... Read more


Britannia P&I launches B Korea

(Posted on 24/02/21)

Britannia P&I will officially launch B Korea P&I Correspondent Co., Ltd. (‘B Korea&rsquo... Read more


Fleet to be part of climate change solution

(Posted on 22/02/21)

To embed action on environmental sustainability and biodiversity, Fleet Management (FLEET) has teamed... Read more


Windsor Salt and CSL partner on self-unloading ship

(Posted on 17/02/21)

K+S Windsor Salt Ltd. (“Windsor Salt”) and Canada Steamship Lines (“CSL”), a... Read more


MAJ warns of potential seafarer shortages

(Posted on 17/02/21)

The global crew change crisis could lead to a shortage of seafarers if exhausted crew choose to leave... Read more


IOMSR first to broadcast mass to crew at sea

(Posted on 17/02/21)

The Isle of Man Ship Registry has become the first flag state to broadcast a mass direct to crew aboard... Read more


NORDEN celebrates 150th anniversary

(Posted on 11/02/21)

Today, NORDEN celebrates its 150th anniversary, being one of the world’s oldest international... Read more


ABB software helps ships improve efficiency

(Posted on 10/02/21)

Digital technologies, including AI, data integration and analytics solutions, are expected to transform... Read more


MENAS and Inchcape reach strategic Mideast agreement

(Posted on 10/02/21)

The Middle East Navigation Aids Service (MENAS) has taken a huge step forward in its effort to ensure... Read more


TOC EventsPort of South LouisianaCleveland Cascades LtdCimbriaTBA GroupPort of Vancouver USA
  • Cimbria
  • Bühler GmbH
  • Telestack

Subscribe to our newsletter

Keep up to date with the latest global news in bulk cargo handling and shipping