Swiss-based hedge fund manager Darren Maupin has left the board of MPC Container Ships (MPCC) to concentrate on projects in oil and gas, and possibly in tanker shipping.

The Constantin Baack-led company announced Maupin’s departure on Monday, without any corresponding disclosure of a new sale of shares by Maupin’s Pilgrim Global ICAV hedge fund.

“My time is needed elsewhere,” Maupin told TradeWinds following MPCC’s brief announcement of his departure.