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Editor in chief: Angelo Scorza
03/12/18 11:11

Gestioni Armatoriali is back for shopping

Coccia confirms the purchase of 2 tankers from Latvian Shipping and presents a now model of shared ship technical management

Few months after sealing the debt-restructuring plan with the banks which impose the company to progressively transfer all the ships in fleet (9 bulkers and 3 tankers) to Deutsche Bank and Attestor Capital, the Ravenna-based Gestioni Armatoriali is back on the market with the purchase of 2 ships.

Nicola Coccia, chairman and shareholder of the company (together with Giovanna Casadei and Bruno Castaldo), confirmed to Ship2shore that they have just completed the purchase of the two MR1 tankers Kraslava e Kazdanga from Latvian Shipping for $11m each.

Coccia revealed that “the ships will be controlled trough a dedicated new company since Gestioni Armatoriali as from now will act as a technical manager for a series of investors, both shipowners and private equity funds”.

The former president of the Italian shipowners association Confitarma also stated that “Gestioni’s structure, personnel and know-how will be at disposal of all those players which would like to invest again in shipping in the future but which were obliged to close down their companies in the recent past due to the crisis”.

This new project comes after Mario Mattioli’s interview with Maritime CEO where the current head of Confitarma aimed at creating a new business model in Italy (similar to the one adopted by the Greek colleagues) with a shared management company for those players interested at controlling and operate a small number of ships. 

Nicola Capuzzo


TAG : Tanker