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After 30 years in shipping, Bonderup made a choice

Ejner Bonderup's departure as CEO of XO Shipping was just as surprising as the reasons offered for the exit when the news broke on Tuesday. The 52-year-old shipping man figure explains what motivated his decision.

Photo: XO Shipping

Although Ejner Bonderup is 52 years old and has his own family with kids still living at home, he has just returned from an extended weekend with his mother – a mother and son trip, as he says with a smile.

And if one is to believe the longtime dry bulk executive's explanation for why he a few days ago left XO Shipping, the extended weekend trip is perhaps an apt indication.

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