Watson Farley & Williams (“WFW”) advised Navigazione Montanari S.p.A. (“Navigazione Montanari”) on the sale of the Valle di Nervion tanker to Middle Eastern buyers.
The Valle di Nervion, which was previously used to transport oil products, was built in South Korea in 2004 at the Hyundai Mipo Dockyard Co. Ltd.
Founded in 1889 and headquartered in Fano, Italy, Navigazione Montanari specialises in shipping products for the oil and petrochemical sectors and counts among its clientele the leading operators in those sectors.
The WFW Maritime Italy team that advised Navigazione Montanari was led by Partner Furio Samela, assisted by Associate Sergio Napolitano.
Navigazione Montanari was also assisted by Francesco De Simone of the brokerage firm Friday & Co Shipbrokers B.V. of Rotterdam.
