Navigazione Montanari S.p.A News

WFW advises on Navigazione Montanari's tanker deal

Watson Farley & Williams (WFW) advised Navigazione Montanari S.p.A. (Navigazione Montanari) on acquiring the chemical product tanker, Astella, renamed Valderice. WFW also acted for Intesa Sanpaolo S.p.A. (Intesa Sanpaolo) as a lender on loan, backed by Italy’s ECA SACE's Garanzia Futuro, granted to Navigazione Montanari to recapitalise the funds used for the purchase partially. Valderice The Valderice, built in South Korea in 2011 at the Hyundai Mipo Dockyard Co. Ltd., is currently...

Inmarsat's Fleet Xpress offers Navigazione Montanari the route to their digital destination

Inmarsat, the pioneer in global, mobile satellite communications, is enabling an acceleration in the digitalisation plans of long-term client Navigazione Montanari, after an agreement for the chemical and crude oil tanker owner to extend its use of Fleet Xpress to its entire fleet. The new agreement renews and extends Navmont’s use of Fleet Xpress services across 13 ships and envisages the transfer of five more tankers from competitor services to Inmarsat’s maritime broadband se...

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