Pacific Basin Shipping Limited Executive Director to resign
Pacific Basin Shipping Limited announces that Mr. Jan Rindbo today has tendered notice of resignation and will resign from the position of Executive Director and the Chief Operating Officer of the Company with effect from 7 November 2014, the company said in its press release. A short period a fter serving out the six month notice period for resignation in accordance with his service contract with the Company, Mr. Rindbo will assume a new position with a corporation unrelated to the Company.
Management continuity and leadership of the dry bulk commercial organisation is assured by Mr. Mats Henrik Berglund, the Chief Executive Officer assisted by the Director of Chartering Pacific and the Director of Chartering Atlantic. Mr. Rindbo confirms that he has no disagreement with the Board and there is no matter which needs to be brought to the at tention of holders of securities of the Company in respect of his resignation.