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V.Group's fourth CEO in three years: "The many changes may indeed have been a distraction"

René Kofod-Olsen is V.Group's fourth CEO in just three years. The many changes have been a distraction and have led to several wrong decisions, he tells ShippingWatch. The mandate from the owner is to future-proof the company, and for this he is willing to make both selections and rejections.

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One third of Lim family ships have new owners

Around one third of the ships controlled by Hin Leong founder O.K. Lim and his family have new owners, Reuters reports. The rest of the ships are expected to be sold by the end of the year.

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New Job

  • Danny Teoh

    New title: Chairman
    New employer: Keppel Corporation
  • Andy McKeran

    New title: Director of Marine Performance Services,
    New employer: Lloyd's Register
  • Philippa Charlton

    New title: Chief Marketing Officer
    New employer: Lloyd's Register
  • Mark Darley

    New title: Marine & Offshore Director
    New employer: Lloyd's Register

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Belships records deficit after several profitable years

The Norwegian dry bulk operator landed a small profit in the fourth quarter unlike in the previous quarters of 2020, in which the company lost money in light of a historically small order book in the dry bulk market. The annual result lands in the red.

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