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Peter G in the driver’s seat
Incumbent chairman, CEO and CFO of General Maritime Corp avoid the axe as backer Oaktree Capital installs 'new' regime.
Pirates free D’Amato tanker
Pirates have freed a Fratelli D’Amato products tanker that was hijacked off the coast of Somali nearly one year ago.
The Savina Caylyn.
The captives, a group comprised of five Italians and 17 Indians, assumed command of the vessel before proceeding to a safe port under the watchful eye of a military escort, according to a statement.
It’s not clear if a ransom was paid.
“In view of the fact that many other seafarers remain in pirate hands it would be inappropriate for Fratelli D’Amato to comment further on any aspect of the case for fear of jeopardizing the safety of those still being held,” D’Amato told trade media Wednesday.
The company applauded the support the Italian government, which issued a statement that included commentary from Prime Minister Mario Monti who "expressed his great satisfaction for the release of the Italian ship Savina Caylyn and the crew”.
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