China's Cosco Shipping Energy Transportation (CSET) has named Liu Hanbo as its new chairman.

Liu replaces Huang Xiaowen, who has resigned, the VLCC owner said in a filing.

The new chairman has stepped down as general manager of the company to chair the board.

Zhu Maijin will take over this role.

Born in November 1959, Liu holds a master’s degree in engineering and is a senior economist.