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01 June 2020 The on-line newspaper devoted to the world of transports 21:30 GMT+2

November 28, 2018

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The charge of managing director of the shipowning society Italian Premuda lascerà Stefano Rosina

Father Alcide Rosina will continue to cover the charge of vice-president

The charge of managing director of the shipowning society Italian Premuda lascerà Stefano Rosina in order to concentrate on the start of its new society of Rosina advising and Partners, of which he will be managing director. Premuda and Pillarstone have announced, company that is under responsibility of the society of private American equities KKR and that through PS Navi Spa it stops the entire capital of the shipowning society, obtained property as a result of the investments carried out from Pillarstone in order to support Premuda that, after the crisis financial institution of 2009 and collapse of the hires in the market of the solid bulk, has crossed a long phase of restructure financial institution of the company.

Father Alcide Rosina will continue instead covering the charge of vice-president of Premuda.

Pillarstone has evidenced that Stefano Rosina and father Alcide have worked to tightened contact with Pillarstone in the course of the phase of restructure and that after its happened conclusion in March 2017 they have continued to work as members of the executive board of Premuda. Pillarstone has emphasized that Premuda has redesigned own fleet, has abandoned the not strategic activities, sold old ships and started new acquisitions and that today the business of the company is stable and the Board of Directors and management of the company they have begun to undertake a phase of increase of the fleet.

The president of Premuda and managing director of Pillarstone, John Davison, has expressed own gratefulness "for the job carried out by Stefano during the last few years in order to stabilize the activity after the financial difficulties of order crossed by the Italian field of the shipping and for the aid that he has given to us in order to carry Premuda in a position such to allow us to newly begin to focus the activity on the increase and a myriad of market opportunity".

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