Confitarma and Jiangsu Yards Sign Contract

A group of Naples ship owners have come to an agreement with the Chinese yard Jiangsu New Yanagzijang Construction Co. for the building of 16 90,000 ton bulk carriers. Nicola Coccia Confitarma president with a group of Naples ship-owners and representatives of the Chinese yard signed the agreement on June 20. The order was placed by Perseveranza di navigazione,d’Amato di navigazione spa, Gestioni Amatoriali spa, la Giuseppe Bottiglieri di navigazione spa e Liberty Marittime International who thus become de facto partners in the Chinese yard. Promotor of the deal was Confitarma president Nicola Coccia who was able to bring together the needs of a number of owners in a single yard an unusual fact for shipowners but producing an excellent price. Confitarma played an important part in the agreement.