Lars Modin is taking over as Chief Executive Officer (CEO) of open hatch bulker owner Masterbulk. This Singapore based company is the owning company of Westfal-Larsen’s bulker activities.

Shipowner Rolf Westfal-Larsen confirms the appointment of Modin and says he is starting in the job this month.

Masterbulk has a fleet of 20 open hatch gantry crane vessels and was established in Singapore in 1995.