Italy
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Europe
Grimaldi announces a new series of ship orders
Following the renovation of ACL’s fleet, new orders for Finnlines and Grimaldi Euromed’s short sea routes and the new car…
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Europe
Shelf Drilling awarded Adriatic Sea contracts by Eni
Dubai-based Shelf Drilling has secured a new contract and contract extension from Eni for operations in the Adriatic Sea, offshore…
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Europe
Nova Marine Carriers flipping bulker for handy profit
Lugano-based Nova Marine Carriers group is expected to make a profit from the sale of one of two 2011-built handysize…
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Europe
NovaAlgoma and Peter Döhle Schiffahrts create new mini-bulker pool
NovaAlgoma Short Sea Carriers, a joint venture of Algoma Central Corporation and Nova Marine Holdings SA, and Peter Döhle Schiffahrts-KG…
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Europe
Marnavi exercises chemical tanker option at Wuchang Shipbuilding
Italian owner Marnavi has placed an order at CSIC-affiliated Wuchang Shipbuilding for the construction of a 14,620 dwt chemical tanker.…
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Europe
Motia restructures with new investor waiting in the wings
Mestre-based Motia Compagnia di Navigazione has officially requested the local coast guard to reflag its fleet of seven tankers from…
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Europe
Court finds Saipem guilty in Sonatrach corruption case in Algeria
In a court ruling in Milan, former Saipem CEO Pietro Tali was sentenced to four years and nine months in…
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Europe
W Marine takes its ninth bulk carrier from Marwave
Athens-based W Marine is reported on the market as the buyer of modern (2011-built) post-panamax bulk carrier for $17.2m. Silvia…
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Europe
Three ports in Italy ready for low sulphur bunker supply before 2020
Shipowners will be glad to hear that at least three ports in Italy will be ready to supply fuel oil…
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Europe
Augustea in negotiations to sell new Pakistan transhipment project
Naples-based Augustea Group is in advanced stages of negotiation with a Chinese counterpart to sell the contract to build and…
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Europe
Fincantieri and CSSC extend cooperation
Italy’s Fincantieri and China State Shipbuilding Corporation have signed a memorandum of understanding for the extension of cooperation, already existing…
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Europe
Saipem scores new offshore contracts in Guyana and Congo worth $700m
Italian contractor Saipem has been awarded contracts by Esso Exploration and Production Guyana for the second phase of the ExxonMobil…
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Europe
D’Amico seals another sale and leaseback deal
Italian owner d’Amico International Shipping has announced that its Irish subsidiary d’Amico Tankers has reached an agreement with an unnamed…
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Greater China
SC Lowy snaps up $160m of shipping NPLs from Italian bank MPS
Hong Kong-based international finance group SC Lowy has just closed its largest Italian shipping debt transaction, acquiring a portfolio of…
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Europe
New container hub planned for Palermo
The Institute for Political, Social and Economic studies (Eurispes) in Italy has just disclosed an ambitious plan to build up…
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Europe
RBD Armatori fleet sale falls through
No one has been willing to shell out the $200m demanded for the 13 ships belonging to bust RBD Armatori.…
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Europe
Coeclerici cashes out of coal transhipment with sale to Vale
After almost half a century Milan-based Coeclerici Group has closed its coal logistics division, the pioneers of coal transhipment claiming…
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Europe
Grimaldi looks to fast-track Jinling newbuilds
Naples-based Grimaldi Group is offering a premium to Jinling Shipyard if the Chinese builder can accelerate the construction of the…
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Europe
D’Amico signs product tanker sale and leaseback
Italy’s d’Amico International Shipping has sold 2016-built product tanker to a “reputable Japanese counterparty” for $29.5m, but will continue to…
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Europe
D’Amico International Shipping sells product tanker
Luxembourg-based d’Amico International Shipping has announced that its Irish operating subsidiary d’Amico Tankers has reached an agreement to sell 2003-built…
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