Maritime activity

Change of ownership at Msc container ship king passes shares to sons

Gianluigi Aponte steps aside in favour of Diego and Alexa but remains executive chairman. The company is first in the world and growing again

by Raoul de Forcade

5' min read

Translated by AI
Versione italiana

5' min read

Translated by AI
Versione italiana

He has become, in the space of 50 years, the great helmsman of world shipping (much to the chagrin of Mao Tse-tung, who had earned his nickname by a completely different route, overland, moreover) and now passes on, if not the tiller, at least the ownership of the Msc company - which he founded in 1970, and is today the world's number one in container transport - to his children, Diego and Alexa.

Gianluigi Aponte, born in 1940, considered by Forbes magazine to be the 44th richest man in the world in 2025 (and the number one in Switzerland, where he lives), with an estimated wealth of more than 37.5 billion, to which the same figure, held by his wife Rafaela, should be added, has decided to make public a move that took place in the last quarter of last year and that has so far remained undisclosed.

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The shares of Mediterranean shipping company have, therefore, passed to the founder's two sons, who, for some time now, have held important positions in the Italo-Swiss company, based in Geneva. And they are, notes a note released by the group, 'both Italian citizens who grew up in Switzerland, where they currently reside'.

Significant stop on the company route

The note also points out that 'this transition represents a significant milestone in the history of the Geneva-based company'. Diego Aponte, group president, and Alexa Aponte, chief financial officer, the text concludes, "have demonstrated leadership and vision, achieving remarkable results in their respective roles within the company. The transition will ensure the continuity, stability and growth of the Msc group with the new generation at the helm'.

Traditionally shy (so much so as to impose strict confidentiality even on the company's accounts, whose balance sheets are not disclosed), Captain Aponte, on this occasion, decided to explain his decision: "Transferring ownership to my children," he said, "is not only an acknowledgement of their dedication and success, but also a continuation of our family's centuries-old maritime tradition. With Diego and Alexa at the helm, I am confident that our group will continue to prosper and honour our legacy of innovation, resilience and unwavering commitment to the sea."

The one in favour of his sons, however, does not appear to be a step backwards for the shipowner at the moment, but only a step to the side. Gianluigi Aponte, in fact, will retain the role of executive chairman - with delegated powers - of the group which, it is stressed, will continue to 'focus on its core business: the maritime transport of goods'. Soren Toft, previously a member of Maresk's executive committee, will be CEO of the group from 2020.

A story that began in Sant'Agnello

The captain's story has its roots not on land but in the sea of Campania; he was born, in fact, in Sant'Agnello, on 27 June 1940, to a family that, already in the early 1900s, owned small boats that transported passengers and goods between Naples and Sorrento. He lost his father at a very young age and soon realised that he had to make his own way. He graduated from the Nautical Institute in Piano di Sorrento and began his life as a sailor. He found work in Achille Lauro's fleet in the 1960s and quickly climbed the career ladder until he became a long-distance captain. As captain, he met and married Rafaela Diamant.

In 1970 he bought his first ship and founded the Aponte shipping company, which later became the Mediterranean shipping company; in 1971 another cargo unit arrived and, from that moment on, the race never stopped. In the 1980s it converted the fleet to full container and in 1987 it began operating in the passenger field by acquiring a share, and then the majority, of Starlauro.

In the early 2000s, while cargo continued to grow, the development of cruises continued, with the acquisition also of two units from the failed Festival. This was the start of a new business that also brought Msc into the cruise sector, under the leadership not only of the same captain, always the deus ex machina of the group's business, but also of Pierfrancesco Vago, Alexa's husband.

Almost a thousand ships

For a long time in second place in the global ranking of container shipping companies, between 2021 and 2022, Msc will take over from Denmark's Maersk the world's leading company in that sector. Today the fleet, as mentioned, numbers almost one thousand ships. And the company has a presence in 155 countries with 675 offices; it also calls at 520 ports along 300 trade routes, transporting around 30 million TEU each year. The group's operations now include maritime transport, land transport, logistics and a growing portfolio of investments in port terminals: it manages 67 of them. And the ferry sector is included in these activities: Msc controls the Genoese Gnv (Great Fast Ships) and Snav; it has also acquired a conspicuous stake in Moby, from which, however, it has announced its exit in 2025, following an intervention by the Antitrust Authority; and it entered, some time ago, into the shareholding structure of the Messina shipowning group. In short, including the passenger sector, Mediterranean shipping company employs over 200,000 people worldwide.

The expansion of the group's scope of action, which is increasingly focused on logistics in general, has accelerated in recent years. In 2023, it acquired a majority stake (and later 100%) in AlisCargo Airlines (now Msc Air). Subsequently, it acquired 50% of Italo, in a transaction worth over €4 billion, adding to the rail cargo services already offered through Medway in Italia and Europe. Not surprisingly, in 2024, the group is buying the Wartsila site in Trieste, where it intends to produce goods trains. But the company also decided to expand into the field of publishing, taking over the Genoese daily newspaper Il Secolo XIX from Gedi, through its subsidiary Blue media.

Less than a month ago, then, the shipping market received the news that Msc has entered with a 50% share in the Korean shipping company Sinokor, which is headed by Ga-Hyun Chung, the man who, in the space of a handful of months, has bought or chartered at least forty supertankers, coming to control a fleet so large that it can influence the freight market. And, according to some financial sources, entities linked to Msc are the final buyers of at least some of the dozens of ships acquired by the Korean company in recent weeks. So the king of container ships is now also expanding into the field of large tankers.

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