Frontline's Lorentzen retires

Frontline's Lorentzen retires

Ola Lorentzon will retire as Frontline Management AS's managing director, effective from Oct. 1.

Lorentzon joined Frontline Group, the tanker operator based in Hamilton, Bermuda when it acquired ICB Shipping AB in 1999 and has held senior positions since that time.

Frontline said that Lorentzon will relocate to his native Sweden. He also serves as chairman of Knightsbridge Tankers Ltd.

Frontline has appointed Oscar Spieler, currently head of the company's technical department, as its new managing director. Spieler has been with Frontline Management AS since 1999 and held positions with DNV and Bergesen prior to that.