New TFG Marine CEO to Leave in September
success in the future," the statement said."Until further notice the business will continue to be managed by its existing leadership."Reuters was unable to reach Gronborg for immediate comment.Trafigura holds a majority stake in TFG. The other owners are tanker company Frontline and dry bulk carrier Golden Ocean.In April TFG Marine was awarded bunker fuel supplier licences by the Maritime and Port Authority of Singapore (MPA).(Reporting by Roslan Khasawneh Editing by David Goodman
Clipper Bulk Axes 40 Staff
International dry bulk shipping company Clipper Group has launched a comprehensive restructuring involving a large number of layoffs, especially at the company's Copenhagen headquarters.The dry bulk carrier announced a series of initiatives to strengthen its business platform amid continued weak markets.Initiatives include agreements to strengthen the company’s financial position, downsizing of organization and office network, other cost savings, changes to Senior Management as well as a more focused market approach, said a press release from the operator of Handysize and Supramax