Session Details

TPM CEO Series: A Conversation With Mediterranean Shipping Co.'s Soren Toft

Monday, 27 February

11:30 am - 12:15 pm (PST) / 27/feb/2023 07:30 pm - 27/feb/2023 08:15 pm

Soren Toft joined MSC in December 2020 as CEO of what is now the world’s largest container shipping company, following a distinguished 25-year career at Maersk where he rose to executive vice [resident and chief operating officer. He is the first person outside the Aponte family to hold such a leadership role at MSC. In addition to becoming the world’s largest carrier in early 2022, MSC has been growing its fleet and has built the largest order book of any major carrier, at 39 percent of its current fleet, according to Alphaliner. MSC also has been diversifying this year, launching an air cargo offering for the first time and expanding its rail transportation and towage businesses, particularly within Europe. Meanwhile, the company is approaching completion of its acquisition of Bollore Africa Logistics. In North America, it is steadily building its presence and investment in terminal operations via majority-owned Terminal Investment Ltd. since acquiring a majority stake in TTI at Long Beach in 2017. Most recently, it is partnering to build a new terminal at Baltimore that would double the port’s throughput. MSC is also an active bidder to operate a new terminal at the Port of Montreal. In this in-depth conversation with Soren at TPM23, we will have the opportunity to discuss with him all of these developments and others. MSC has been increasingly active in tackling climate change, committing to deploy its first net-zero-carbon-emissions-capable ship by 2030 and achieving complete net decarbonization by 2050.

Session Speakers