Shipowner John Fredriksen has initiated another round of musical chars at his listed shipping companies as rejigs take place at Avance Gas and Golden Ocean.
VLGC operator Avance Gas' interim chief executive Peder Simonsen, who is also the chief financial officer, will step down from both roles to join bulker owner Golden Ocean as its CFO.
Simonsen will be retained as an advisor to Avance for a period to secure continuity, the Oslo-listed company said.
