Shipowner Cesare d’Amico is taking on the role of chief executive of d’Amico Group’s dry cargo division, with son Emanuele as managing director.

The move is designed to ensure continuity and a bigger role for a younger generation of managers at the Italian shipping company.

The changes have been prompted by the passing of d'Amico Group's bulker supremo Lucio Bonaso, who died in February aged 72.

Bonaso had worked with the d’Amico family for 23 years and had been chief executive of its Monte Carlo-based dry division since 2012.