Pac Basin co-founders Chris Buttery (left) and Paul Over.



Just under a year after it lost one half of its team of two co-founders, bulker owner Pacific Basin Shipping is waving goodbye to its chairman Christopher Buttery.



The 57-year-old co-founder is stepping down from the position, and that of executive director, as of 1 January but will remain as a non-executive director and deputy chairman, Hong Kong-listed Pac Basin said in a stock exchange announcement on Tuesday.



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