Small, tight-knit and highly-motivated teams are best way for shipowners to structure their management, according to one of John Fredriksen’s former key executives, Jens Martin Jensen.

The former Frontline Management chief executive told an industry gathering today that a fast-reacting team with close communication was vital to taking the right decisions quickly.

“The best performance you can get out of people is to have the leanest organisation, for them not to be chained down,” he said.

“If