Another well-known name in Asian dry bulk circles is parting ways with his employers. Ian Claxton, who has been with Thailand’s Thoresen Thai Agencies for the past five years, will step down in 10 days. A shipping veteran with previous employers including Neptune Orient Lines (NOL) and Safmarine, earlier this year Claxton was shifted from his role of managing director of Thoresen Shipping, the dry bulk shipping arm of Bangkok-listed TTA, to take on the ceo role at another TTA affiliate, Unique Mining Services.
“It was the sensible thing for me to do,” Claxton told Splash over his surprise departure.
Last week TTA sold its 49% stake in agency business Thoresen Shipping and Logistics (TSL) for $800,000, a sale it described as being in line with plans “to restructure and strengthen the shipping business”.
Claxton is the latest high profile executive to quit big Asian shipping firms this year. Tim Huxley stepped down from his position as ceo of Hong Kong’s Wah Kwong Maritime Transport Holdings a couple of months ago.