Scott Borgerson has resigned as chief executive of shipping data platform CargoMetrics in order to avoid being "a distraction", TradeWinds can reveal.

Borgerson has this year been the target of stories in the tabloid and business media over his close friendship with Ghislaine Maxwell, a player in the scandal surrounding the disgraced late financier Jeffrey Epstein.

A statement to TradeWinds from CargoMetrics — the company he founded in 2010 — confirmed that Borgerson resigned in July and is no longer a director of the company.