John Fredriksen’s Avance Gas has ended the contracts of its top three managers following the completion of its $1bn VLGC fleet sale to BW Group.
As part of the preparations for its winding-up process, the Oslo-listed owner said it had terminated the employment of chief executive Oystein Kalleklev, chief commercial officer Halfdan Marius Foss and finance head Randi Navdal Bekkelund.
