The Italian steel group Marcegaglia has set up with the Italian-Swiss shipping group Nova Marine Carriers the joint venture NovaMar Logistic, a newco under Maltese law that is was promoted and developed by OD Shipping, a long-standing broker of the Marcegaglia group. The operation closed yesterday afternoon with the signature of Antonio and Emma Marcegaglia, both at the head of the of the family business, of Vincenzo Romeo, CEO of the Nova Marine Carriers group, and Mario Bernacca, director delegate of OD Shipping.

The newly established NovaMar Logistic will take over the management of the general cargo Sider Luck with a deadweight capacity of 26,300 tons, a ship that will operate on the cabotage routes connecting the ports of supply of raw materials with the industrial plants of the Marcegaglia group in Ravenna, Fos-sur-Mer and beyond. Operationally - explained Mario Bernacca - "This is not a new project, experimented with success in the past that moves with a view to sustainability and efficiency. This same ship has already been used for the transport of over 700 thousand tons of steel, guaranteeing a drastic reduction in environmental impact compared to more and a lightening of land traffic. An example of Strategic use of the Autostrada del Mare in a green key".

"With the entry into this newco - commented Antonio Marcegaglia, president and CEO of Marcegaglia Steel - we strengthen the collaboration with one of our historical suppliers, the Nova group Marine, in a sector, that of maritime transport, which is strategic for the competitiveness of the steel industry. Conflicts geopolitical instability, combined with the growing protectionism push for creative and structured solutions to safeguard their supply chains and with their competitiveness".

Vincenzo Romeo specified that "NovaMar Logistic represents for the Nova Marine group the strategic consolidation of a partnership of more than ten years with the Marcegaglia group of which We are extremely proud and that highlights the synthesis between two realities that, despite their respective dimensions have maintained a solid family leadership".