Toft’s surprise move makes good sense for both sides
The former Maersk executive will help to share the load at the top for the Aponte family, who head one of the world’s biggest shipping empires
The Aponte family has kept a firm grip on MSC, but bringing in outside expertise is understandable at a time when container shipping is being pulled in so many different directions by new technologies, environmental regulations, cyber risk, geopolitics, cargo safety, consolidation, and the need to transform the industry into one of sustained profitability