Norway's bulk ship operator and management company Belships ASA announced that its chief executive officer (CEO) Ulrich Müller has resigned.
The board of directors of the Norwegian bulker owner stated in a press release that they will initiate the work with finding a new CEO immediately and Ulrich Müller will remain in his current position until a new CEO is in place.
"Belships has reached a crossroads and I feel like the time has come for others to take over the leadership of the Company. Belships is a great company and I wish the company and its skilled employees the best of luck in this next chapter" said Ulrich Müller.
Ulrich Müller has served as Managing Director of Belships ASA since 1 May 2011.
Belships operates three bulk ships in addition to managing additional 12 ships owned by Elkem Chartering (which is 50% owned by Belships).