Toronto: Canadian operator Algoma Central announced on Monday its successor to departing ceo Greg Wight.
Industry veteran Ken Bloch Soerensen will take the helm as president and ceo in April, said Duncan Jackman, chairman of the Algoma board.
Algoma Central runs the largest Canadian flag fleet of dry and liquid bulk carriers operating on the Great Lakes-St. Lawrence Waterway, with 31 vessels. The company also has interests in ocean dry-bulk vessels. Last year its revenues were $503m.
It will add five new Equinox Class vessels to its domestic dry-bulk fleet by the end of 2016.
Soerensen, a Dane most recently based in Dubai, has held senior positions at Maersk in his homeland, Swiss Federal Railways Cargo and United Arab Shipping Co among others.
“Ken brings a wealth of experience and a depth of knowledge, particularly in international marine operations,” said Jackman.
Wight retires at the end of this month after 35 years with Algoma.