

(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. ”
Hydrogen has a crucial role in decarbonizing the world’s energy system, but uptake will be too... Read more
Columbia Aurus Ship Management will tap into the Indian crewing market to further consolidate Columbia... Read more
It would be a mistake to place responsibility for meeting IMO’s zero emission shipping targets... Read more
Bureau Veritas (BV), one of the world’s leading ship classification societies, Laskaridis Shipping... Read more
Shipping is required to face the complex challenges placed by the progressively stricter IMO and EU... Read more
AXSMarine, a leading provider of SaaS shipping software and data for Dry Bulk, Tanker, and Container... Read more
Columbia Shipmanagement (CSM) has once again pushed industry boundaries by creating a totally SMART... Read more
StormGeo, a leading provider of weather intelligence and decision-support solutions for the shipping... Read more
Survival Technology specialist Survitec has introduced a unique approach to ensure shipowners are fully... Read more
Shipping company Elbe-Ems has ordered a second Combi Freighter 3850 (CF 3850) from Damen Shipyards,... Read more