MSC Appoints Toft as CEO of Cargo Business

November 18, 2019

Soren Toft (Photo: A.P. Moller Maersk)
Soren Toft (Photo: A.P. Moller Maersk)

Swiss headquartered container shipping group MSC has appointed Soren Toft as the new chief executive officer of its cargo business from rival company A.P. Moller Maersk, an MSC spokesman said on Monday.

A start date for Toft has yet to be determined, the spokesman said.

Maersk, the world's biggest container line, said last week that Toft, who had served as its head of operations, had decided to leave the company to pursue outside opportunities.

MSC is the world's second-largest container shipping line and is seen by industry watchers as a challenger to Maersk's position. 

(Reporting by Jonathan Saul; Editing by Susan Fenton)

Logistics News

Class NK GDA for World First Vessel Tank Tech

Class NK GDA for World First Vessel Tank Tech

Dajin Forms Offshore Wind Alliance with German Port Terminal Operator

Dajin Forms Offshore Wind Alliance with German Port Terminal Operator

CO2 Logistics Hub Under Development at Stockholm Norvik Port

CO2 Logistics Hub Under Development at Stockholm Norvik Port

Glenfarne signs 20-year LNG contract with POSCO in South Korea

Glenfarne signs 20-year LNG contract with POSCO in South Korea

Subscribe for Maritime Logistics Professional E‑News

Allegiant Air's bid for US residency for foreign employees is blocked by the pilots union?
American Airlines asks for notices regarding the bankruptcy of Spirit Airlines
Waymo issues recall for self-driving cars that drove past school buses stopped