The Genoese RT&L Spa, listed since the end of last year on the Euronext Growth Milan segment of Borsa Italiana, announced to have signed a two-year framework agreement with Guangzhou Salvage (GZS), a company incorporated under Chinese law directly controlled by the Ministry of Transport of the People's Republic of China which offers integrated services in the field of maritime. The agreement - specified the Italian company - has as its main purpose to regulate relations between RT&L and GZS in order to to participate jointly in calls for tenders and competitive procedures for projects of interest in the Mediterranean, Africa and South America.

As part of this RT&L collaboration, which operates services transport and logistics network, will bring its own network commercial sector and GZS will provide the fleet, thereby expanding the portfolio of opportunities at international level. The projects that will come identified from time to time will be managed and coordinated jointly by RT&L and GZS and governed by specific agreements operational. RT&L to take on the role of commercial lead and first point of contact with customers.

Guangzhou Salvage highlighted that the choice of GZS as the partners strengthens and expands the Project Cargo & Chartering, in line with the group's growth strategy RT&L. GZS has about 80 naval units, of which initially about 30 dedicated exclusively to the agreement and that can be used, in particular, in offshore activities, in the wreck recovery and shipbuilding. "The agreement with Guangzhou Salvage - explained the CEO of RT&L, Roberto Bizzarri - represents an important first step in the path of growth and consolidation outlined by the company at the time of listing. This is a fundamental collaboration for the consolidation of the Project Cargo segment, characterized by by wide margins of development and profitability. Stay Central our commitment to the expansion of our other business lines, which we aim to develop in an equally effective way".