Long-serving Samskip CEO Jens Holger Nielsen is leaving after 12 years.

The Icelandic container line said the executive helped it become one of the "most important pan-European shipping and logistics companies."

Holger Nielsen said: "After 12 years at Samskip I have decided that it is time for me to open the next chapter of my career. The Samskip organisation was informed about this in July.