Joint Venture established by Nova Marine Carriers and AUG. Bolten
Nova Marine Carriers, which operates a fleet of close to 80 vessels out of their head office in Lugano, and Hamburg-based Aug. Bolten, one of the oldest German shipping names, agreed to join forces to own and manage drybulk vessels. The partners also plan joined technical and crew management through Lydiamar, part of Bolten, with its head office in Athens, Greece.
The new company will be jointly managed by Antonello Romeo, director of Nova Marine Carriers and Gregory de Ruiter, managing director of Aug. Bolten Miller’s Nachfolger KG. The joint venture partners will focus on joined asset management, commercial and pool operations and ship management.
Nova Marine Carriers Inhouse legal team handled all legal aspects of this venture for Nova Marine. The team was led by General Counsel Gabriella Reccia (pictured).
