UK shipowner and private equity group Reuben Brothers has confirmed the acquisition of part of the fleet of bankrupt Italian shipowner Rizzo Bottiglieri De Carlini Armatori (RBD Armatori).

It has formed a new company, RB|RD Armatori, with the participation of the Rizzo and De Carlini families, to take over the company and eight of the RBD Armatori ships.

The transaction was carried out under Italian bankruptcy law and was supervised and approved by a court in Torre Annunziata, Naples.