Sweden’s Stena group will have a new head of shipping in August as long-serving boss Carl-Johan Hagman steps down.

From 1 August, Markus Lindbom will take over as chief executive of Stena Rederi.

He is currently chief commercial officer at ferry division Stena Line.

Lindbom has worked in different companies and roles within Stena for the past 17 years. Prior to that, he served as a seagoing officer.

“I am very pleased that Markus Lindbom has accepted the position as CEO of Stena Rederi,” said parent Stena AB chief executive Dan Sten Olsson.

“He has a long career within Stena and his knowledge and experience within shipping will be a great contribution to the future success of our shipping business.”

Hagman has chosen to move on to opportunities outside of Stena, the group said.

He will remain chairman of Swedish product tanker subsidiary Concordia Maritime and a director at car carrier joint venture Stena Glovis and 67%-owned Dutch ro-ro line NMT.

“Carl-Johan Hagman has been a key contributor in the development of our business for more than a decade and I would like to thank him for what he has brought to the company,” Olsson said.

Hagman joined the group as Stena Rederi CEO in 2011 from the top job at Norwegian car carrier group Hoegh Autoliners.

Before that, he was managing director at Eukor Car Carriers, and also enjoyed spells at Rederi AB Transatlantic and Wallenius.

Stena Rederi is a consolidation of parent Stena AB’s shipping and ferry activities in Hellerup, Denmark.

There are three different business units within the company: Stena Line, freight ro-ro business Stena RoRo and product tanker unit Stena Bulk, run by chief executive Erik Hanell.

The Stena group controls 85 ships, ranging from a suezmax and aframaxes to product tankers, ferries, freight ro-ros and LNG carriers.

Stena Drilling and majority-owned Concordia Maritime are separate from Stena Rederi.

Six ropaxes are on order at the CMJL (Weihai) yard in China for delivery from this year through to 2025.