Norwegian shipmanager OSM has quietly reorganised and consolidated its management under chief executive Finn Amund Norbye following the departure of his predecessor, Bjoern Sprotte.

But Norbye is not really a new top executive.

The veteran shipping boss has been staying out of the headlines while running OSM's holding company — Optimum Maritime Holdings (OMH) — in Arendal for some time, first as chief financial officer, then as chief executive.