News / Diego Aponte takes over as family firm MSC anoints a new president and CEO

© Khunaspix Dreamstime.

The king is dead, long live the king! Well, not quite, but nearly in the case of yesterday’s announcement from Mediterranean Shipping Co that heir to the throne Diego Aponte appears to have undergone his coronation after being named president and chief executive of the world’s second-largest shipping line.

Much of shipping remains a dynastic business – think of the Greek and Norwegian shipowners and their kin that dominate the tanker markets. Container shipping has never had quite the same feel, ...