Close Menu
    Facebook X (Twitter) Instagram
    Facebook X (Twitter) Instagram
    SweetCrudeReportsSweetCrudeReports
    Subscribe
    • Home
    • Oil
    • Gas
    • Power
    • Solid Minerals
    • Labour
    • Financing
    • Freight
    • Community Development
    • E-Editions
    SweetCrudeReportsSweetCrudeReports
    Home » Former Maersk executive takes helm as CEO of rival MSC

    Former Maersk executive takes helm as CEO of rival MSC

    December 3, 2020
    Share
    Facebook Twitter LinkedIn WhatsApp

    London — Soren Toft on Wednesday started his role as chief executive of Swiss headquartered container group MSC’s shipping and logistics business almost a year after he was hired from rival A.P. Moller Maersk.

    Toft was appointed by MSC in November last year but has only just formally taken up his new job.

    MSC, privately owned by the Aponte family, is the world’s second-largest container shipping line and is seen by industry analysts as a challenger to Maersk’s position as the market leader.

    MSC said Toft would report directly to MSC group’s president, Diego Aponte, and the company’s founder and chairman Gianluigi Aponte.

    “With his 25 years of experience in leadership roles at Maersk, and his comprehensive understanding of the future of the container shipping supply chain, Soren is the ideal match to help lead MSC into the future at the helm of our family company,” Diego Aponte said.

    Brazil prosecutors accuse two people in alleged Petrobras-Maersk corruption scheme

    The container market is currently experiencing its strongest earnings in years, boosted by a surge in demand for consumer goods that liner ships transport due to lockdown restrictions around the world.

    Toft had most recently served as Maersk’s head of operations.

    (Reporting by Jonathan Saul. Editing by Jane Merriman)

    Follow us on twitter

    Related News

    Nigeria launches trade intelligence tool, air cargo corridor to boost AfCFTA exports

    Congestion hits Lagos ports amidst truck restrictions

    Oyetola hosts French Ambassador, seeks France’s support for Nigeria’s IMO Council bid

    Comments are closed.

    E-book
    Resilience Exhibition

    Latest News

    NLNG launches Train-7 Human Capacity Development BTSP in Rivers

    May 30, 2025

    Sidi Ould Tah elected ninth president of the AfDB Group

    May 30, 2025

    ‘Nigeria’s energy transition won’t succeed without grassroots involvement’

    May 30, 2025

    The future of crude oil prices, OPEC+, global demand, and the unknown ahead

    May 30, 2025

    NCDMB intervenes as Enerog, host communities resolve FTO dispute

    May 30, 2025
    Demo
    Facebook X (Twitter) Instagram
    • Opec Daily Basket
    • Oil
    • Power
    • Gas
    • Freight
    • Financing
    • Labour
    • Technology
    • Solid Mineral
    • Conferences/Seminars
    • Community Development
    • Nigerian Content Initiative
    • Niger-Delta Question
    • Insurance
    • Other News
    • Focus
    • Feedback
    • Hanging Out With Markson

    Subscribe for Updates

    Get the latest energy news from Sweetcrudereports.

    Please wait...
    Please enter all required fields Click to hide
    Correct invalid entries Click to hide
    © 2025 Sweetcrudereports.
    • About Us
    • Advertise with us
    • Privacy Policy

    Type above and press Enter to search. Press Esc to cancel.