Bulker giant Golden Ocean Management has hired Lars-Christian Svensen as its new chief commercial officer, who will join the Fredriksen-backed firm on 1 December.

He will replace Thomas Semino, who stepped down from the role in mid-October.

Svensen has been on "gardening leave" since leaving his job at Western Bulk in May, at the same time as six other employees who went on to join rival company Belships.