FORMER NORASIA CHIEF TO PURSUE INTERESTS OUTSIDE SHIP SECTOR

FORMER NORASIA CHIEF TO PURSUE INTERESTS OUTSIDE SHIP SECTOR

William Bru, whose resignation as president of Norasia Lines Ltd. was an- nounced last week, said Tuesday that he had left to pursue other interests outside the shipping industry. Although Mr. Bru did not rule out the possibility of returning to ship-ping, he said he had no immediate plans to do so. Mr. Bru will continue to act as a consultant to the Norasia board.

Norasia Shipping Services SA, which owns Norasia Lines, announced a reorganization of the company last Friday.Hans Graf, one of the two owners of Norasia, has relinquished his day-to- day involvement in the company, and Hans Steiger, the majority shareholder, is the new chief executive of Norasia Lines.

Mr. Bru said in a telephone interview from his home in Fribourg, Switzerland, that there was no connection between his departure and that of Mr. Graf, who is now living in the United States.

Mr. Graf decided some time ago to take a less active role in running the company, whichoperates in a number of niche trades between Europe and the Far East.

Mr. Bru said he had left for personal reasons to take advantage of other opportunities that had arisen, and insisted there were no major differences between himself and the two Norasia partners.

"We parted on good terms," he said. However, Mr. Steiger said last week that cultural differences between American and Swiss styles of management were behind the reshuffle.

Mr. Bru, former chairman of United States Lines Inc. and former president of Crowley Maritime Corp.'s Atlantic division, said he planned to stay in Europe rather than return to the United States.