Executive Vice President and member of the Executive Management in Dampskibsselskabet NORDEN A/S, Ejner Bonderup, has resigned from his position in order to take up a position in another shipping company. Ejner Bonderup also resigns as head of NORDEN’s Dry Cargo Department. Ejner Bonderup will continue in his position at NORDEN for transitional purposes during a limited period of time. Throughout the period ending on 31 December 2017, Ejner Bonderup will be subject to restrictive covenants, unless released by the company.