New Golden Ocean CEO powerless against dry bulk market
![Photo: Golden Ocean/PR](https://photos.watchmedier.dk/watchmedier/resize:fill:3840:0:0/plain/https://photos.watchmedier.dk/Images/article8952072.ece/ALTERNATES/schema-16_9/Birgitte%2520Ringstad%2520Vartdal%25205x3.png)
That a new chief executive has taken over does not necessarily herald a new strategy which will turn everything upside down. At least, that is not the case at John Fredriksen's dry bulk carrier Golden Ocean, where Herman Billung after 11 years of faithful service was dismissed in April and replaced by his CFO, Birgitte Ringstad Vartdal.
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