Milestones-en

bancosta s.a.m., Monaco, starts operating in the sectors of sale-purchase and newbuildings, tankers and shipping projects.

bancosta liason office in Tokyo starts operating and follows the growing business with Japanese clients.

bancosta fn, starts operating and now provides corporations and financial institutions with a global and complete set of financial services, including advice on debt restructuring, project finance, equity underwriting in addition to consultancy services.

Januamar, Genoa, established and specialises in mediation and operation of small capacity dry cargo ships

bancosta s.a., Geneva, starts operating mainly in dry cargo chartering.

banchero costa insurance broker s.p.a. starts operating in all major risks coverage business.

tanker chartering and a new team for research and studies start operating.

banchero costa & c. agenzia marittima s.p.a. starts operating in shipyard representation and ship towage & salvage broking business.

Lorenzo Banchero and Umberto Costa found banchero costa & c. s.p.a., which starts operating in dry cargo chartering, mainly with Italian clients.