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19 October 2019 The on-line newspaper devoted to the world of transports 19:00 GMT+2



September 24, 2019

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Assarmatori lines up with Moby and critic the "speculative finance"

Messina: "the Italian companies of navigation cannot be earth of conquest for speculative actions"

Assarmatori has been lined up beside its associate Moby, the company of navigation of the Honored group Shipping that in recent days it has denounced of being object of attacks carried from speculative trusts(on 20 September 2019). Supporting that "the relationships between shipowning world and finance go rewritten", the president of the shipowning association, Stefano Messina, it has emphasized that "the Italian companies of navigation cannot be earth of conquest for speculative actions, aimed to deny the continuity and to undermine the occupational levels of the workers and the seafarers on the fleet that fly the national flag and guarantees services essential publics".

"In asserting with force the position of the association to unconditioned support not only of one of its associates, but also of one of the historical truths more important of the Italian fleet - Messina has asserted - the Moby case represents the confirmation, unfortunately acute, of a particularly delicate moment in the relationships between finance and shipping. A moment that demands a total second thought and perhaps also the definition of a new picture of rules".

For the president of Assarmatori, the times of the linear relationships between shipowning groups and disposed banks and in condition for supporting the entrepreneurial effort and of investment in the renewal of the fleets are "far by now. Now - it has evidenced - an industry so intensive Capitals as that of the so essential sea and for the strategic balances of the economy and the world-wide interchange cannot be abandoned to the twenty of storm of the speculation".

"Very new financial players in a position to supporting also the efforts come - it has specified Messina - that the shipowning groups as Moby is for example facing in the field of the protection of the atmosphere, but is today necessary that these groups stops to consider the ships, marine routes and especially the marine ones, on a level with a game of Monopolies where the game is opened and it closes in the tightest times with millionaire capital gains in favor of who it speculates".

"The shipping, and that Italian in particular - he has concluded the president of Assarmatori - needs not of speculators whom they acquire, as happened in this case, at the market secondary emitted bonds from the company, but of partners whom they invest in projects and they have in their genetic code financial the support, the affiancamento of industrial initiatives and not made speculations disposable on the skin a group that employs 5,000 people and that he constitutes an important infrastructure of our Country".

PSA Genova Pra'



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