GC Rieber Shipping CEO Irene Waage Basili is quitting to run geophysical spin-off Shearwater Geoservices.

She left Rieber in November to temporarily take charge of the Rasmussengruppen joint venture.

Basili will officially leave Rieber on 1 April after being offered the Shearwater job on a permanent basis.

"The board of GC Rieber Shipping would like to thank Irene Waage Basili for solid contributions during her six years at the helm of GC Rieber Shipping.