Grieg Shipbrokers managing director Finn Engelsen Jr is stepping down at the Bergen-headquartered company after nine years.

The veteran broker will leave on 1 January as part of a generation shift.

Engelsen joined the Grieg Group company in August 2011.

Grieg Shipbrokers said he has "helped build a strong foundation, transforming the company originally established in 1884 from an in-house local brokerage to the full-fledged operation it has become today".