Established in 1955 by Salvatore Cafiero in Naples, Italy, the Augustea Group is a provider of sea transportation services, which mainly operates in the following business segments: • dry bulk shipping • deep sea towing services • transportation with oceanic barges • technical management of dry bulk cargo vessels • crew management Augustea Group also holds investments in primary companies operating in the same business. Over the decades, and under the control of the Cafiero-Zagari families, Augustea Group has grown to become a leading and reputable player in the shipping industry, with the headquarters in Milan (Italy), and operating branches in Milan, Athens, Malta, Buenos Aires, Singapore, the Philippines and London. As of June 2023, Augustea employs more than 140 onshore people and more than 1,100 crewmembers.