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Herman Billung hunting acquisitions with Norwegian businessman

Herman Billung has now joined forces for the acquisition of bulk vessels with another Norwegian shipping magnate after being laid off this spring as CEO at John Fredriksen's dry bulk carrier Golden Ocean, he tells ShippingWatch.

Photo: PR/Golden Ocean

After 11 years as CEO of John Fredriksen's bulk carrier Golden Ocean, and after just a few months without a job, Norwegian Herman Billung is headed back into the game. Along with another familiar face in Norwegian dry bulk, Arne Blystad, Herman Billung will use his experience and his connections to acquire vessels through a new investment platform.

"We think that it could an interesting time to go and buy assets. We'll see how it goes," Herman Billung tells ShippingWatch, elaborating:

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