The fleet of Perseveranza di Navigazione is set to become the latest in a growing list of Italian owners to be taken over by private equity interests.
The Naples shipowner is rounding off a restructuring agreement with creditors that will transfer ownership of eight vessels.
The fleet will be divided between Pillarstone Italy, DeA Capital and Taconic Capital.
The family-controlled shipowner headed by Giuseppe D'Amato and run with his sons Angelo and Umberto as key executives, controls four product tankers and two bulkers.
