Russian trader Litasco's shipping arm Eiger Shipping has a new boss.

According to a change in the commercial register of the canton of Geneva, the "powers" of former managing director Kristian Aursnes have been struck off and conferred on US-born Shell executive Lars Wogen.

Wogen, born in March 1978, was previously the oil major's global crude freight trading manager.

Aursnes told TradeWinds he was leaving in February after 14 years.