Michael Bonderup has stepped down as managing director of handysize bulker operator BaltNav, in which he is a partner.
His departure follows the news in March that Line Lund Clausen is joining the operator as a partner, having left Norden where she was head of the supramax desk in the Atlantic.
TradeWinds understands that BalNav director Martin Sato will head up the operation in the meantime.
