The Board of Directors


Jørgen Lund

Executive Chairman
Jørgen Lund, born in 1953, Executive Chairman, joined the board in 2006. He is appointed the Trustee and Chairman of all holding companies within the J.J. Ugland Companies. Mr. Lund has previously worked as a lawyer with Nordisk Defence Club (1980–1986), as a partner with the law firm Lund & Co (1986-1993) and as a partner with the law firm Thommessen (1993-2012), including four years as its Managing Partner.

He has served as a board member of several companies within the shipping and the oil & gas industries. Mr. Lund holds a Master of Law from the University of Oslo (1978) and a Master of International Management from Thunderbird, USA (1979).

Peter D. Knudsen

Vice Chairman
Peter D. Knudsen, born in 1957, Vice Chairman, joined the board in 2011. Peter is the CEO/Managing Partner of NorthCape AS. NorthCape provides advisory services in respect of the financing of shipping, offshore and aviation assets. Peter was previously the  CEO of Camillo Eitzen & Co. ASA (2008 to 2012), also serving as board member with Eitzen Chemical ASA and Eitzen Maritime Services ASA.

Mr. Knudsen previously worked with Nordea for 15 years, and came from the position as head of Nordea in Singapore. He has also experience from various positions with GIEK, Den norske Creditbank, Jøtun Fonds and Stemoco Shipping. Peter is currently a board member of Oslo listed American Shipping Company ASA and Pareto Bank ASA. Mr. Knudsen holds an BSc/MBA from Oslo Business School / Arizona State University.

Knut N.T. Ugland

Board Member
Knut N.T. Ugland, born in 1986, Board Member, joined the board in 2010. Knut is Mr. J.J. Ugland's grandson and the owner of the company.

Øyvind R. Boye

Board Member
Øyvind R. Boye, born in 1954, Board Member, joined the board in 2017. B.Sc. in Mechanical Engineering in 1976, and in Marine Technology in 1978 from UiA in Grimstad. He joined Kvaerner Engineering in 1978, as technical inspector and planner on oil & gas platform projects. Planning manager for Vindholmen Offshore 1985 – 1988.

Joined the Ugland Companies in 1988 as project control manager in Nymo, and technical manager in Nymo from 2001. Managing Director in Nymo from 2010, which is his current position.

Bjørn Bodding

Board Member
Bjørn Bodding, born in 1953, Board Member, joined the board in 2019. Bjørn was employed in R.S. Platou Shipbroking in 1975. R.S. Platou was merged with Clarksons in 2015 under the name Clarksons Platou Shipbroking. Since 1986, Mr. Bodding has been responsible for Dry Bulk analysis as a Senior Analyst.