Lars B. Christensen Email & Phone Number

Copenhagen Area, Capital Region, Denmark

Navigare Capital Partners is an investment company established in spring 2017, investing in maritime assets including asset backed securities and debt. Navigare Capital Partners will build a diversified portfolio of assets across segments, where we will acquire, employ and sell maritime assets. Navigare Capital Partners will be making long term investments together with primarily institutional investors.

Gothenburg, Sweden

Laurin Maritime is an established operator of modern tankers focusing on long term contracts of affreightment in worldwide trade.Laurin Maritime was founded in Sweden in 1980 by Agneta and Hans Laurin. The company is still controlled by the Laurin family, which ensures the long-term stability and commitment that underpin the company's success.

Copenhagen Area, Capital Region, Denmark

Norden is a global leader in tramp shipping, with two divisions Dry Cargo and Tankers, operating a fleet of more than 250 vessels. The Company is listed on the Nasdaq Nordic Copenhagen Stock Exchange (ticker symbol DNORD.CO and formerly part of the OMX C20 index). Annual sales of approx. USD 2.0 billion and more than 1,000 employees.MEMBER OF THE EXECUTIVE MANAGEMENT BOARD, which is responsible for Corporate Governance and Compliance, Board Meetings and Presentations and Group Strategy. Responsible for the Tanker Division with main Challenges to see Tanker Division safely through market down turn and subsequent Renew Tanker Division Strategy for Growth.MAIN ACHIEVEMENTS for the period was USD 108 million in EBIT for 2012-2015 (basis full year 2015 estimate) and USD 465 million in annual revenue 2015 (basis full year 2015 estimate) based on Strategies of “Long-term Growth in Challenging Times” followed by “Capture Value in Improving Markets” developed and implemented. Build Norden’s Tanker Fleet to 53 Vessels and a very competent and highly skilled team of 65 colleagues and 4 overseas offices. Norient Product Pool celebrates an industry unique 10-year anniversary, and is the 2nd largest product carrier pool globally with 85 Handysize and MR Product Carriers. Placed 8 New Building Contracts in Korea and 2 New Building Contracts in China. I was listed by “Tanker Shipping and Trade – Industry Leaders” as the 20th most influential Leader in the Tanker Industry, February 2015.

Copenhagen Area, Capital Region, Denmark

MEMBER OF THE SENIOR MANAGEMENT GROUP, and responsible for Board Meeting Presentations on Tanker Division Strategy and Proposals for Acquisitions and Investments. Main Challenges through the period was to defend Norden from hostile take-over bid from Torm, develop and implement a Growth Strategy with strict Risk Limitations during early 2000’s, “Anchor to the wind”, challenged ability to obtain Critical Mass in two segments and a Revised post-Financial Crisis Strategy; Increase Coverage, Cost Cutting, Slow Streaming and Eco tonnage.MAIN ACHIEVEMENTS for the period was USD 431 million in EBIT, including USD 202 million in Profit from Asset Play (Buying and Selling of Vessels), and USD 336 million in annual revenue 2011. Strategies of “Anchor to the wind”, “Focus on Product Carriers” and “Control your Risks” post Financial Crisis developed and implemented. Build Norden’s Tanker Fleet to 48 Vessels and a very competent and skilled team of 53 colleagues and 3 overseas offices. Exited Crude Oil segment by selling 3 Crude Oil Carrier Sales, flipped 4 Purchase Options Vessels and re-invested in 7 Product Carriers. Founded and established Norient Product Pool in 2005, start up Fleet size 12 Vessels. Norient Product Pool developed in-house MRV (Monitoring, Reporting, Verification) system to effectively curb fuel consumption and CO2 emissions in daily operation. Placed 4 New Building Contracts in Korea, 13 New Building Contracts in China and 3 New Building Contracts in Japan.

Copenhagen Area, Capital Region, Denmark

DEPUTY FOR THE TANKER DIVISION and responsible for Time Charter Portfolio, Spot Chartering, Projects and All activity and Customer Relations west of the Suez Canal. Main challenges were to grow Norden’s Time Charter Portfolio and follow New Building Market from Brokers west of the Suez Canal.MAIN ACHIEVEMENTS for the period was USD 64 million in annual revenue and a Fleet of 12 Vessels, developed by a team of 10 competent colleagues and 1 overseas office. Placed 4 New Building Contracts in Korea.

Copenhagen Area, Capital Region, Denmark

CHARTERING MANAGER responsible for Spot Chartering and assisting on Time Charter Portfolio with the target to grow the Tanker Division from Start-Up level to a sizeable Market Player and establish a Track Record of Counter Party Trust and Financial SecurityMAIN ACHIEVEMENTS for the period was a Fleet of 11 Vessels, secured 6 Vessels on Time Charter and expanded Customer and Broker Network.

Copenhagen Area, Capital Region, Denmark

The Danish Shipowners' Association was established in 1884, and is a trade- and employer organization for more than 40 Danish ship-owners and two offshore companies. The members of the Danish Shipowners' Association own around DWT 14 million, half of which is registered in Denmark representing more than 95 per cent of the Danish merchant fleet registered in the Danish International Ship register (DIS). The Association plays an important and active role in relation to the authorities and decision-makers nationally and internationally. The Association also has a permanent representation office in Brussels.MAIN ACHIEVEMENTS during the tenure was Keynote speaker at the MRV workshop with the EU Commission for Climate and Submissions on State Aid Guidelines to the EU Commission civil servants.

Copenhagen Area, Capital Region, Denmark

Newcastle Upon Tyne, United Kingdom

North P&I Club is a leading marine mutual liability insurer providing P&I, FD&D, war risks and ancillary insurance to 130 million GT of owned tonnage and 45 million GT of chartered tonnage (at August 2015). Based in Newcastle upon Tyne, UK with regional offices in Greece, Hong Kong, Japan and Singapore. The Club is a leading member of the International Group of P&I Clubs (IG), with around 12% of the IG's owned tonnage. The 13 IG clubs provide liability cover for approximately 90% of the world's ocean-going tonnage and, as a member of the IG, North protects and promotes the interests of the international shipping industry.MAIN ACHIEVEMENTS during the period Member of the Working Group responsible for development and implementation of significant changes in the Corporate Governance structure for the Board of Directors, Chairman for the Board Risk Committee, which has overseen the development and implementation of North of England’s Own Risk and Solvency Assessment (ORSA) and Risk Management Framework (RMF) as well as the preparation for successful Solvency II compliance.

Newcastle Upon Tyne, United Kingdom

London, United Kingdom

Intertanko is the International Association of Independent Tanker Owners. Intertanko has been the voice of independent tanker owners since 1970, ensuring that the oil that keeps the world turning is shipped safely, responsibly and competitively. The organization has 204 members from 40 different countries, comprising some 3,077 tankers totalling over 270 million dwt.

Copenhagen And San Francisco

Maersk is the world’s largest Shipping Company, with offices in more than 130 countries. The Company is listed on the Nasdaq Nordic Copenhagen Stock Exchange OMX C20 (ticker symbol MAERSK B / MAERSK A). Annual sales of approx. USD 47.6 billion and more than 89,000 employees.1989-1993 Tanker Department, Chartering• Spot and time chartering1987-1989 Tanker Department, Operations• Voyage operation1985-1987 Management Trainee, San Francisco• Terminal Operations, Traffic and Conference departments1983-1985 Shipping Trainee• Internal and external education• Assigned to the Technical, Liner and Tanker departmentsThe MAIN ACHIEVEMENT was to get the “Maritime Toolbox”, to understand Technical details, Operations and Chartering, as well as to understand the importance and value of “Constant Care”

Cbs Executive Board Leadership Program 2016, Exam With Distinction

360 degrees Board Leadership Program, including Corporate Governance, Strategy, Value Creation, Finance and Regulation

Amp, Advanced Management Program

Leadership, True North, General Management, Finance, Strategy, Marketing

Ymp, Young Managers Program

General Management, Finance, Strategy, Marketing

Bachelor’S Degree, Maritime Studies

Shipping Diploma Education

High School

Upper Secondary Business School / A-levels

High School

Upper Secondary / A-levels