An article by the Wall Street Journal on Monday suggested that Gianluigi Aponte would step down as part of a leadership reshuffle at MSC. The shipping company has issued the following statement. ShippingWatch brings the statement followed by the original article posted Monday morning:

"Earlier media reports suggesting that Gianluigi Aponte would step down and be replaced by his son Diego Aponte as Chairman were erroneous, a spokesman for the company said. Both retain a close, hands-on role at the top of the business."