Mr. Grønning is a partner in boutique asset management firm Otto Danielsen (founded in 1944), which an equal partner and him bought in 2016.

Previously, Mr. Grønning was CEO of Navig8 Chemical Tankers from 2019 until the merger with Hafnia Group in 2022. Prior to that he served on the board of the company as well as CTG, a New York based chemical tanker ship-owner. Until 2015, Mr. Grønning was CEO at Team Tankers, a leading chemical tanker company listed on the Oslo Stock Exchange, as well as Senior Advisor to the Board of Tufton Oceanic, a London based fund management company. From 2008 to 2013 he was CEO of UACC in Dubai, operating a fleet of MR chemical and LR1 product tankers. Before this, he was COO of Eitzen Chemical from 2004, after completing a 5 year tenure for the Group in Singapore, where he was in charge of the company’s technical ship management, Aframax floating storage activity (FSO) as well as dry-bulk sale & purchase.

Mr. Grønning has studied an Executive MBA at IMD in Lausanne, Switzerland.

Mr. Grønning was elected to the Board of Algoma in 2023.

EXECUTIVE OFFICE
63 Church Street, Suite 600
St. Catharines, Ontario,
CANADA, L2R 3C4

+1 (905) 687-7888