In this episode, Nick Chubb and Raal Harris sit down with Torsten Pedersen, Chief Operating Officer of Seaspan Corporation, to explore what it takes to lead transformation inside the world’s largest independent container ship owner.

Torsten shares his unconventional path from Danish village life to early CFO roles at Maersk, describing how global exposure shaped his leadership philosophy and his belief that the best ideas come from listening. He reflects on how those formative experiences informed his approach to lean, values-driven leadership at Seaspan, where simplicity, discipline, and collaboration underpin everything from safety to growth strategy.

The conversation dives deep into ESG, digitalisation, and decarbonisation, with Torsten explaining why Seaspan resists making long-range sustainability promises for 2050 in favour of practical five-year cycles and measurable progress. He outlines the company’s philosophy of embedding sustainability into everyday operations rather than treating it as a separate goal, focusing on being better next week than last week.

Nick and Raal explore how Seaspan’s “integrated operating model” allows it to scale profitably while staying lean, empowering local teams, and maintaining customer trust in an industry where most clients already own and operate ships themselves. Torsten describes how the company’s culture of ownership and accountability has been formalised over time and how those values now guide recruitment, decision-making, and transformation.

From change management and culture-building to the human side of digital transformation, Torsten shares candid reflections on leadership: why overcomplicating safety systems can make people less safe, how collaboration drives innovation, and why some change programs fail simply because the underlying idea is bad. The discussion also touches on connectivity and crew welfare, with Starlink and OneWeb reshaping shipboard communication, bringing new opportunities and new challenges for cohesion at sea.

Torsten closes with advice for leaders facing transformation: Start with the end in mind. Don’t try to save the world all at once. Be curious about everything but disciplined about what you pursue.

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