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Home > Company Index > Transportation > Shipping > Navigazione Montanari Spa

Navigazione Montanari Spa
 PROFILE
Navigazione Montanari is one maritime transportation company that isn't afraid to get its hands dirty. With its own fleet and ships hired from third parties, the company transports oil and gas products. Its fleet consists of 11 LPG (liquefied petroleum gas) carriers, eight tankers, two chemical carriers, and one asphalt carrier. Besides crude oil, Navigazione Montanari primarily transports metallic ores, asphalt and bitumen, and other raw materials. Controlled by the Montanari family, the company is growing through acquisitions. It purchased Cindan Transportes Maritimos of Portugal and made an unsuccessful bid for Norway's IM Skaugen. Undeterred, the company is eyeing other targets and has ordered six new tankers.

 COMPETITION
A.P. Møller (dossier)
Premuda SpA (PR)
Stolt-Nielsen S.A. (SNSA)

 FINANCIAL OVERVIEW
Fiscal Year-End: December
2000 Sales (mil.): 102.50
1-Yr. Sales Growth: 13.3%
Employees: 343
Revenue per employee: $298,833.82

 KEY PEOPLE
• Corrado A. Montanari
    CEO

 CONTACT INFO
36 Via S. Ceccarini
61032 Fano, Italy
Phone: 39-0721-8801
Fax: 39-0721-830430
Online: Web Site

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