Bulk

What is going on with Pacific Basin and Nordic CEOs?

Martin Fruergaard becomes the third Nordic CEO to head Hong Kong-based dry bulk shipping company Pacific Basin since 2000. Why has the company again picked a Scandinavian? And why Fruergaard, the chief executive of a gas ship operator?
Photo: Cyprus Shipping Deputy Ministry / PR
Photo: Cyprus Shipping Deputy Ministry / PR
by TOMAS KRISTIANSEN

Looking over Martin Fruergaard's CV leads one to think that his record in and of itself should have convinced the Pacific Basin board of directors that he is the right man to take over as the company's next CEO.

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