Forming deeper relationships with existing partners – and developing new partnerships with shipowners and investors – is key to Maersk Tankers’ future prosperity. “With our expertise and experience, we understand the challenges our partners face to decarbonise while maintaining healthy financial returns,” he says.
Gronborg has worked for A.P. Moller – Maersk for two decades and, for the past 14 years, at Maersk Tankers. In January 2020, he was appointed Chief Investment Officer.
It has been a fulfilling experience. Shipping, he says, is “an international, dynamic industry that, in many ways, never stands still”.
A passion for learning led to a Bachelor’s degree in Chinese from Beijing Language and Culture University while Gronborg was working in China. A few years later, he added an Executive MBA from Columbia Business School and the London Business School.
As Chief Commercial Officer at Maersk Tankers from 2016, Gronborg pioneered data and algorithm-based solutions in the chartering team to support more digitally enabled commercial decision-making. Under his leadership, the company saw an increase in earnings and the satisfaction of shipowners in its pools, and a 25% annual growth in the number of vessels under commercial management.
“The company challenges both the industry and ourselves as individuals on how things are done. We’ve managed to transform ourselves as a company again and again.”
And there has been no let up in the company’s drive to innovate. “In the past few years,” he continues, “Maersk Tankers has turned itself into a digitally enabled service company – and there’s more innovation to come.”
Gronborg believes the most fundamental transformation is yet to come, as “shipping needs to find a way to move to a zero-carbon world”.
As the manager of 236 vessels on behalf of shipowners, Maersk Tankers can be part of this transformation, argues Gronborg. “Our business is built on maximising the ships’ efficiency for the benefit of both the partner and the planet.”
