Shipowner and investor Wallenius Lines has a new chief executive.

The Soya Group-owned, Stockholm-based company announced on Monday that Erik Noklebye would take the reins at the company on 1 October.

He takes over from president Jonas Kleberg, who will stay on as chairman.

“Noklebye has extensive experience from shipping/PCTC segment and has worked in different parts of our shipping structure since the foundation of Wallenius Wilhelmsen Lines in 1999,” Wallenius Lines said in a statement.

“He has worked in both Wallenius Wilhelmsen and Eukor and has, since 2020, been responsible for Wallenius Wilhelmsen Shipping, based in South Korea.”

In addition to the two LNG-ready, 6,500-cbm car carrier orders it has at Yantai CMC Raffles shipyard in China due for delivery next year, Wallenius Lines has several ownership stakes in shipping companies.

It owns half of United European Car Carriers along with NYK Line. The Oslo company has 10 vessels.

It has another two ro-ros thanks to its 50% stake in Wallenius SOL, which it has run since April 2019 in conjunction with compatriot Svenska Orient Linen.

Wallenius Lines also owns half of AlfaWall Oceanbird, a wing sail start-up joint venture with Alfa Laval.

Wallenius Lines is part of the Soya Group, where Kleberg is chief executive.

The Soya Group owns 37.8% of the world’s largest car carrier owner — Wallenius Wilhelmsen — through Rederi AB Soya and Walleniusrederirna.

The group is the second-largest shareholder in Oslo-listed Wallenius Wilhelmsen, behind Wilh Wilhelmsen Holding at 37.9%.