Genoa tanker manager declared bankrupt

Genoa tanker manager declared bankrupt

The Genoa-based shipping company FT Genoa Tankers, part of the Turkish group Furtrans, has been declared bankrupt by a local court.

The bankruptcy petition was filed by the Italian revenue public agency which claimed it was owed €13m ($14.6m). The agency did not succeed at obtaining the requested sum or at arresting any asset therefore opted for the bankruptcy procedure.

FT Genoa Tankers defines itself as a ship operating company in charge for the management of a fleet of chemical/oil tankers with capacity ranging from 3,500 to 18,000 dwt.

The company managed a dozen small tankers owned by Furtrans group.

Nicola Capuzzo

Nicola is a highly qualified journalist focused on transport economics, logistics and shipping with broad experience in both online and printed media. Specialties: shipping, ship finance, banking, commodities and port economics. He regularly interviews Europe's top shipowner executives for Maritime CEO magazine.

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