New management at Pioneer Marine, headed by Scandinavian shipping veteran Torben Janholt, is looking to blend experience and efficiency with youthful exuberance.

The dry bulk player revealed major changes this week, announcing that Janholt was taking the helm as its new chief executive and moving most of its decision-making out of Singapore.

Janholt will be backed by former head of finance & accounts Korinna Tapaktsoglou, who has been promoted to chief financial officer, and Dimitris Papoulis, who steps up from vice-president of commercial operations to become senior vice-president and general manager.