I confront in Confitarma between shipowners and institutional investors



Yesterday to Rome, near the Shipping center of the Italian Confederation (Confitarma), an encounter between shipowners has held and institutional investors in order to start I confront on the opportunities of investments in the shipping. To the reunion they have participated to exponents between the greater domestic and international operators of private private equities and debt (Azimut, Bain Capital, Goddess Capital, Fortress, HIG, Muzinich, Oaktree Capital, Riello Investments, RiverRock, Ver Capital SGR; let alone three institutional investors of public matrix, CDP, FII and Simest, this last recently active one in the shipping).

Opening the work the president of Confitarma, Mario Mattioli, has emphasized the importance of the International Registry for the Italian shipowning industry: without such instrument and the measures that guarantee to the shipowning companies of being able to compete on a level on the seas of the world with the main concurrent marinerie - it has found - any speech legacy to investments in the field would fail since the fleet of Italian flag in little time would be transferred abroad. "Confitarma - Mattioli has remembered - is much expense in order to obtain provisions turns to throw again the competitiveness of our ships and a lot is being spold in order to for survival safeguard such indispensable measures of a fleet clapper Italian flag".

In the course of the debate the representatives of the shipowning field have who is bearer of competence, know-how-how and history taking into consideration the international nature of the marine traffic whose trends often escape to the control of the shipowner. Moreover, she is rimarcato that the value of the know-how-how of a shipowning company often is measured own by the ability to the same one, above all in some which adulterated segments, to preserve own relationships with highly selective customers is in the approval processes that of chosen of own shipowning counterparts.

Between the participations, Raffaele Rinaldi, responsible Ufficio Credits of ABI - Italian Bank Association, in emphasizing the complexity of the norms that they regulate is the banks that the shipping, that has asserted in future the bank credit will be integrated also by other sources of financing directed to the companies even if however the bank system is in association with the shipowning world and continues to represent an important member of the funding.

Al term of the encounter is wished that, so as with banks, a permanent table with the institutional investors to the aim is constituted of being able itself periodically to confront to the aim to return proattiva such cooperation.