Italian shipping executive Paolo Scerni has died in a car crash.

The 46-year-old International Andromeda Shipping shareholder and director is understood to have been driving back to Italy from Switzerland on Tuesday when he was involved in the fatal collision.

Colleagues at the Monaco-based tanker owner and manager confirmed the incident.

“Paolo passed away on Tuesday night in a car accident,” Andromeda chief operating officer Mario Guglielmini told TradeWinds.