Ejner Bonderup has quit as head of Norden’s dry cargo department to take up a new post at XO Shipping.

Bonderup’s exit was announced this morning with the search for his replacement underway.

Norden said it regretted the executive’s departure and noted he would be subject to “restrictive covenants” until the end of next year unless it decided otherwise.

Bonderup has been recruited as chief executive and partner in XO Shipping in Denmark.

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