Canadian Algoma hires Ken Bloch Sørensen as CEO

Ken Bloch Sørensen - whose career includes Maersk and United Arab Shipping Co, and most recently as partner with Norden´s Klaus Nyborg at private equity company IPSA Capital - has been appointed new CEO of Algoma Central Corporation.

BY OLE ANDERSEN

Ken Bloch Sørensen, whose career includes positions at Maersk and United Arab Shipping Co, has been appointed new CEO of Canadian carrier Algoma Central Corporation, which operates a large fleet of dry bulk and product tankers in Canadian waters. Algoma is also one of Canada's largest carriers.

Already a subscriber?Log in here

Read the whole article

Get access for 7 days for free. No credit card is needed, and you will not be automatically signed up for a paid subscription after the free trial.

With your free trial you get:

Access all locked articles
Receive our daily newsletters
Access our app

Get full access for you and your coworkers

Start a free company trial today

Klaus Nyborg appointed new Chairman of USTC
For subscribers
Klaus Nyborg behind purchase of German KG fund ships
Arabian shipowners attract European shipping people
For subscribers

Sign up for our newsletter

Stay ahead of development by receiving our newsletter on the latest sector knowledge.

Newsletter terms

Front page now

Logistics

French DB Schenker rival aims to close "white spots" on the world map

Systematic acquisitions are aiming at turning state-owned French logistics company Geodis into a fully global player.

For subscribers

In recent months, the group has bunkered biofuels for everything from cruise and ferry companies to container ships. | Foto: Roslan Rahman/AFP/Ritzau Scanpix

Ports

Bunker Holding is now able to supply biofuel to 80 ports

For subscribers

In August, Cargill International tested a new wind-powered ship. Now, in a joint development project with Lloyds Register and others, the commodities company is launching a new kamsarmax dry cargo ship that can run on methanol and wind power. | Foto: Cargill Bulgaria/Reuters/Ritzau Scanpix

Carriers

Lloyd's Register and partners have designed environmentally friendly bulk carrier

For subscribers

The Port of Los Angeles, among others, has been disrupted by issues with labor strikes. | Foto: Mike Blake/Reuters/Ritzau Scanpix

Ports

US dockworkers union files for bankruptcy after prolonged dispute

For subscribers

Norway is the last country in Europe to announce that it will impose sanctions on ship-to-ship transfers. | Foto: Lars Klemmer/AP/Ritzau Scanpix

Regulation

Norway considers denying suspicious tankers access to its ports

For subscribers

Although the drought in Gatun Lake, which supplies the Panama Canal with water, continues to cause problems for the canal's traffic, the number of ships queuing is lower than last year. | Foto: Carlos Jasso/Reuters/Ritzau Scanpix

Carriers

Panama Canal once again limits the daily number of ships

For subscribers

Aker Solutions, Subsea 7 and SLB creates new joint venture
The new joint venture will have two headquarters in Oslo and in Houston.
For subscribers
Wärtsilä to introduce ammonia engine: "We are definitely not a bottleneck"
The Finnish company, like several other engine manufacturers, is on the verge of launching its first ammonia engine and is currently negotiating with several shipping companies.
For subscribers
Will the world come to need 12 million barrels of oil a day?
In a forecast, Jyske Bank predicts that the world will be hit by an oil shortage by 2030. A halt to new oil projects makes it worse.
For subscribers
"I just don't understand what they will do with all the conventional ships"
The equivalent of 1.6 million teu of container ships have been delivered in 2023. Next year it will be 3 million teu raising one question in particular, according to Alphaliner’s senior analyst.
For subscribers
MSC acquires 50 percent of Italian railway company
The major container carrier recently acquired a stake in the Spanish railway company Renfe and is now following suit with an ownership stake in the Italian rail operator Italo.
For subscribers
Unifeeder invests in new methanol-ready vessels
Unifeeder Group is committed to being climate neutral by 2040 and points out that the new vessels will play a significant role in reaching that goal.
For subscribers

"I just don't understand what they will do with all the conventional ships"

The equivalent of 1.6 million teu of container ships have been delivered in 2023. Next year it will be 3 million teu raising one question in particular, according to Alphaliner’s senior analyst.

For subscribers

Logistics

French DB Schenker rival aims to close "white spots" on the world map

Systematic acquisitions are aiming at turning state-owned French logistics company Geodis into a fully global player.

For subscribers

The ownership of the rail operator must be shared equally with the Global Infrastructure Partners (GIP). | Foto: Max Rossi/Reuters/Ritzau Scanpix

Logistics

MSC acquires 50 percent of Italian railway company

The major container carrier recently acquired a stake in the Spanish railway company Renfe and is now following suit with an ownership stake in the Italian rail operator Italo.

For subscribers

The price will determine whether the sale of DB Schenker will go through, sources tell DPA. | Foto: Marvin Ibo G'ng'r/AP/Ritzau Scanpix

Logistics

Media: Sale of DB Schenker enters next phase

After a long period of scrutiny, Deutsche Bahn is ready to pursue a sale of the major freight forwarder DB Schenker, report German media.

For subscribers

Ports

Bunker Holding is now able to supply biofuel to 80 ports

New climate measures for shipping are paving the way for Bunker Holding to take an important position as a supplier of biofuel to ports around the world.

For subscribers